Report: OrbiMed founder Sam Isaly harassed women for years, according to former employees

Several former employees of biotech hedge fund OrbiMed have alleged that Sam Isaly, the firm’s founder & managing partner, sexually harassed his female colleagues for years, according to an investigation by STAT. Isaly is a 72-year-old investor who has long been revered among the biotech community for his ability to pick stocks. But at OrbiMed, former employees told STAT he routinely demeaned women and harassed them. One woman told the news outlet that he repeatedly showed her hardcore pornography just to laugh as she reacted in disgust. “I’m scarred,” Isaly’s former assistant, Delilah Burke told STAT. “I still have anxiety from that job — now, years later.” Of the five people coming forward to accuse the investing giant of sexual harassment, four of them said they repeatedly complained about Isaly’s behavior to OrbiMed executives, who expressed sympathy but did not pursue any course of action. Since STAT”s report was published yesterday, OrbiMed has released a statement saying they have hired an independent law firm to investigate the matter. Four of the five former OrbiMed employees spoke to STAT on the condition of anonymity, citing non-disclosure agreements and a fear of retaliation from Isaly. Burke reportedly received a printed copy of her non-disclosure agreement last week with a letter reminding her of what she signed. None of the people who spoke to STAT alleged that Isaly touched them in a sexual way. I...
Source: Mass Device - Category: Medical Devices Authors: Tags: Biotech Wall Street Beat OrbiMed Source Type: news