Fol­low­ing the ex­o­dus at Im­muno­core, Eliot Forster takes the reins at F-star — how long be­fore the crossover and an IPO?

LON­DON — Over the past 12 years, F-star has built up a rep for an­ti­body de­sign work that’s gar­nered the avid at­ten­tion of a line­up of both big and re­mark­able de­vel­op­ment part­ners. But aside from the deals it’s done, and the mile­stones it’s been rack­ing up, the Cam­bridge biotech nev­er raised much cash for its op­er­a­tions from in­vestors.

Em­ploy­ee #99, though, may just do some­thing about that.

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