Keyword: Rubius Therapeutics
The crossover round, which brings Rubius’ nine-month haul up to $220 million, comes as the Flagship Pioneering startup races to get into the clinic.
Venture capital firm Flagship Pioneering has got a major $618 million in capital, the biggest in its 17-year history, topping its total to $2.3 billion.
Allergan CFO Hilado and Gilead COO Young will retire from their positions and Rubius has poached a GSK SVP as CMO.
Carpenter will work as point person on Rubius’ development activities as it gears up to move its CAR-T-rivaling cell therapy into human testing.
Epstein was named executive chairman of Rubius; ex-PTC exec Rothera jumped ship to Orchard; Maverick tapped former Pacira COO Scibetta as CEO.
Rubius Therapeutics has raised $120 million to take two of its off-the-shelf red blood cell therapies into the clinic.