Third Rock Rolls

Founded by a team of former Millennium Pharmaceutical executives including former CEO Mark Levin, Third Rock Ventures intends to return to the venture capital model of old. The Boston-based firm intends to start companies that can leverage a novel technology capable of creating multiple drugs for multiple diseases.

No one questions whether the team at Third Rock Ventures can raise money.

The principals, after all, started, built, and led Millennium Pharmaceuticals Inc. for many years. The same Millennium Pharmaceuticals that—via breathtakingly...

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