
Lonnie Moulder woos a seasoned development expert from Hillhouse's US/China play to helm his startup
Back in 2010, when Tesaro was still a nascent biotech startup, Lonnie Moulder remembers taking due diligence trips to China to meet and understand companies that could be potential commercialization partners for their immuno-oncology programs. One of them was Hutchison China MediTech, or Chi-Med, which was then led by CEO Samantha Du and CMO Hua Mu.
A lot has changed since then.
Tesaro ended up striking a pact with Zai Lab — Du’s pioneering US/China biotech — before getting snapped up by GlaxoSmithKline for $5 billion. Chi-Med has just renamed itself to HutchMed. Moulder himself set up his latest biotech startup, dubbed Zenas, to have a go at a version 2.0 of the global approach he had experimented with at Tesaro.
Unlock this article instantly by becoming a free subscriber.
You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.