Atlas-incubated Kymera leaps out of stealth mode, joins the hunt for game-changing protein degradation drugs
Protein degradation R&D isn’t new. Jay Bradner launched C4 Therapeutics to blaze the protein degradation approach just before he took the helm at the Novartis Institute of Biomedical Research, then recently formed a discovery alliance with UC Berkeley with the same basic approach in mind. Arvinas also has centered on protein degradation, building on the lab work of Yale’s Craig Crews.
But today there’s another startup joining the pioneers called Kymera, and the Cambridge, MA-based player is coming out of stealth mode today with a $30 million launch round and a development strategy created on the notion that there’s plenty of virgin territory for everyone to explore.
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