The Biotech Growth Trust Plc is a United Kingdom-based investment trust. The Company seeks capital appreciation through investment in the worldwide biotechnology industry. In order to achieve its investment objective, the Company invests in a diversified portfolio of shares and related securities in biotechnology companies on a worldwide basis. The Company is engaged in a single segment of business, being the investments business. OrbiMed Capital LLC is the company’s investment manager and Frostrow Capital LLP (Frostrow) to provide company management, company secretarial, administrative and marketing services.