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Industry News

YC-Backed Startup CB Therapeutics Adds ‘Entourage-Effect’ Terpenes to its Growing List of Sustainably Produced Cannabis Compounds

SAN DIEGO–(BUSINESS WIRE)–YC-Backed Startup CB Therapeutics Adds ‘Entourage-Effect’ Terpenes to its Growing List of Sustainably Produced Cannabis Compounds […]

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Novo helps birth startup advancing an AstraZeneca castoff with $15M; Japan’s Fuji Pharma wagers $50M on Alvotech’s biosimilars

? With backing from Novo Holdings and a drug from AstraZeneca, Aristea Therapeutics is unveiling a $15 million Series A that will kickstart Phase II studies of its lead program, RIST4721. James Mackay, who used to run AstraZeneca-acquired Ardea Bioscie… […]

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Jonathan Lim isn’t ready to say much about his new startup, but he does have $42M for it

Jonathan Lim knows how to build biotechs for a sale. He auctioned off Ignyta — where he was CEO — to Roche last February for a tidy $1.7 billion, gaining a 74% premium on his stock. A few months before he also participated in the sale of Bonti to Aller… […]

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Erasca Launches with $42 Million Series A Financing to Support Bold Mission of Erasing Cancer

Company, co-founded by physician-turned-venturepreneur Dr. Jonathan E. Lim, is targeting undisclosed biological drivers of cancer

SAN DIEGO, Dec. 18, 2018 /PRNewswire/ — Erasca, a company dedicated to advancing exceptional scientific approaches to … […]