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Seeking Drugs “Hidden In Microbes,” Third Rock Launches Warp Drive Bio

 
• By Paul Bonanos

Sanofi has an option to acquire the start-up, which screens for drugs by studying the genomics of natural products – and its investors have an option to force a sale.

New start-up Warp Drive Bio has an ambitious plan to synthesize new drugs from the genetic code found in microbes. The company’s investors, led by early-stage specialist Third Rock Ventures, have supplied funding to match its far-reaching goals as well as a path to a potential sale.

Equity and non-equity commitments from Third Rock, and Sanofi bring the deal’s overall value to $125 million, including as...

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