Four years after starting Terns Pharmaceuticals together in search of an elusive NASH win, Weidong Zhong and Martijn Fenaux are reuniting at a new startup.

On paper, Sciwind Biosciences — which just raised $70 million in Series C cash — employs a similar setup as Terns: Both have embraced the transpacific model, taking root in China but planting flags in the US.

Zhong was tapped to be president of the San Francisco-based subsidiary back in July, on top of assuming the role as chief strategy officer. Weeks later, Fenaux has been appointed SVP, nonclinical development and translational science at the parent company out of Hangzhou — joining the team alongside chief scientific officer Xinle Wu, who brings experience running R&D for both Eli Lilly and Amgen in China.

When IGM Biosciences made its public debut two years ago, the S-1 pitch was heavily centered on how its engineered IgM antibodies could make potent cancer treatments. But it also buried a reference, deep inside a section about the platform’s potential, about how these antibodies may be applied in a variety of conditions — citing autoimmune diseases and infectious diseases as examples.

The biotech is now creating new business units to expand its work in those exact areas. And it’s recruited a trio of experts from Big Pharma to lead them.

Catalysts play a vital role in drug development, driving complex sequences of chemical reactions to break down molecules or join them together. But until just a couple of decades ago, only two types of catalysts were known to scientists: metals and enzymes.

Metal catalysts are easily destroyed by moisture, so while it’s simple enough to deploy them in a lab, large-scale manufacturing becomes a challenge. Enzymes, on the other hand, consist of hundreds of amino acids, though frequently enough, only a few of those are actually involved in a chemical reaction.

Centessa Pharmaceuticals was built on the promise of scaling up Medicxi’s asset-centric model with 10 of the VC firm’s portfolio companies and their individual programs under the same roof. But the crew wasn’t going to stop there.

Instead, now that the biotech has completed its IPO, unveiled the first batch of proof-of-concept data from one of its 11 subsidiaries and — just a day ago — tapped into a fresh $300 million well of financing, Centessa has set its sights on “strategic business development opportunities.”

After more than 5 years at the helm of New Jersey-based biopharma CorMedix, Khoso Baluch is retiring, and the move has triggered a ripple of change within its executive leadership team, leading CFO Matt David to take over as interim CEO, while maintaining his current role.

The departure comes about a month after delays at a contract manufacturer led to the resubmission of a new drug application for DefenCath, an antibacterial and antifungal treatment to prevent bloodstream infections in patients undergoing chronic hemodialysis. The drug was granted fast-track designation by the FDA, but delays at the CMO’s site led to a complete response letter.