A pair of partners at Frazier is following early-stage biotechs to the public market with an $830M fund. And they're already doing deals
Just a few days ago, the executive team at San Diego-based Crinetics $CRNX announced that it is spawning a newborn biotech which 5AM helped to create along with Frazier Healthcare Partners, helping it get launched with a tidy, $30 million bankroll.
Two of the players in that deal were Albert Cha and Jamie Brush, both at Frazier, who helped coordinate an investment in the public biotech earlier in the year. Cha picks up the narrative:
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