Bio­Mo­tiv, Bris­tol-My­ers al­liance bears fruit with new com­pa­ny: An­teros Phar­ma

As a phar­ma­ceu­ti­cal ac­cel­er­a­tor that se­lects and in­cu­bates nascent tech­nol­o­gy from the halls of acad­e­mia, Bio­Mo­tiv is con­stant­ly in need of fund­ing. En­ter Bris­tol-My­ers Squibb — who along with as­sim­i­lat­ing the ar­se­nal of Cel­gene as­sets it ac­quired with the $74 bil­lion ac­qui­si­tion of the big biotech com­pa­ny — is look­ing for fresh meat to bulk up its pipeline.

On Tues­day, Bio­Mo­tiv and Bris­tol-My­ers un­veiled the first com­pa­ny borne out of their 2019 pact: An­teros Phar­ma­ceu­ti­cals, which is fo­cused on dif­fi­cult-to-treat fi­brot­ic and oth­er in­flam­ma­to­ry dis­eases, us­ing tech­nol­o­gy in-li­censed from Yale.

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