Cel­gene vet Bar­er lines up a $23M start­up round for next-gen I/O tech out of Johns Hop­kins

Af­ter spend­ing the past year in the hot seat as chair­man at a bad­ly dys­func­tion­al Te­va, Cel­gene co-fun­der Sol Bar­er can get back to the busi­ness of ramp­ing up biotech star­tups. This morn­ing we re­ceived word that Bar­er has lined up a $23 mil­lion A round to get I/O fledg­ling Nex­Im­mune in­to the clin­ic.

Bar­er, Joshua Bar­er and for­mer Medtron­ic CEO William Hawkins got to­geth­er ear­ly last year — around the time Te­va be­gan to come apart at the seams — to ac­quire the Johns Hop­kins spin­out, based in Gaithers­burg, MD.

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