Versant Ventures launched build-to-buy Quanticel Pharmaceuticals Inc. in partnership with Celgene Corp. in 2011. Three-and-a-half years later, in April 2015, Celgene bought the company and its single-cell tumor genome analysis platform outright. [See Deal]
Versant Launches Inception IBD, A New Company With Old Roots
Versant and Celgene have partnered again to launch a build-to-buy biotech, this time focusing on inflammatory bowel disease.
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CEO Paul Stoffels said gaining US clearance for an IND for its novel CAR-T product was demanding, but now opens up a pathway towards a pivotal study starting in 2025.
A final rejection of Leqembi could also spell the same fate for Lilly’s rival drug but public outcry and demand for Alzheimer’s therapies might force the regulator’s hand