Mer­ck-backed Quar­tet places biotech vet Ger­hard Koenig at the helm

Ger­hard Koenig has land­ed the top job at Quar­tet Med­i­cine, just a few months af­ter Mer­ck grabbed a buy­out op­tion in its $575 mil­lion pain drug part­ner­ship deal. The for­mer CSO at Fo­rum, which was shut down re­cent­ly in the wake of a key tri­al fail­ure and clin­i­cal hold, Koenig takes the reins af­ter found­ing in­vestor At­las Ven­ture arranged a $23 mil­lion Se­ries A.

Launched in late 2013, Cam­bridge, MA-based Quar­tet is tak­ing a new path in de­vel­op­ing a pain med­ica­tion. Their work is based on re­search at Mass Gen­er­al, which showed that a ge­net­ic de­fect in a slice of the pop­u­la­tion pre­vents a spike in a chem­i­cal called BH4 fol­low­ing an in­jury, help­ing man­age their chron­ic pain. The biotech has fo­cused on mim­ic­k­ing that process with a small mol­e­cule.

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Alexandria Real Estate Equities

San Francisco, CA, USA