Biotech billionaire backs a food allergy/nutrition startup; Editas recruits a CMO
Swiss biotech billionaire Ernesto Bertarelli is putting some of his cash into a new Silicon Valley startup that will look to help prevent food allergies before they can take hold. His Gurnet Point Capital is taking the lead on a $13 million Series A for Before Brands.
Cambridge, MA-based Editas has recruited Gerald Cox as its new CMO. He was most recently VP of Rare Disease Clinical Development at Sanofi Genzyme and has spent more than 20 years as a practicing clinical geneticist at Boston Children’s Hospital.
Lilly has agreed to buy out Boehringer Ingelheim’s portfolio of animal vaccines, paying $885 million for the package deal as it beefs up its work in animal-related products.