Cynthia Collins exits Human Longevity; Section 32 welcomes Michael Pellini; Silverback beefs up its C-suite
→ Michael Pellini has just jumped into a senior role at one of the most intriguing new venture funds in the biopharma/healthcare world. The former CEO — and current chairman — at Foundation Medicine {$FMI}, which just won approval for a new diagnostic tool for solid tumors, has joined Bill Maris as a managing partner at Section 32. In a message to Endpoints News, Pellini said he is “[r]eally excited to team up with Bill Maris and Jenn Kercher (ex-GV).” Maris himself played a prominent role at GV, the celebrated global venture which has asserted itself in the startup biotech world, but the addition of Pellini will likely bring the fund even closer to biopharmas. Here’s Pellini again: “Broad mandate but I’ll primarily be focused on opportunities at intersection of health care and technology which can have a significant impact on patient care and/or drug development.”
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