Sean Harper and Beth Seidenberg add $500M to their new VC, betting on the LA biotech ecosystem
When Arsenal Bio launched last year, the headline name was Napster billionaire Sean Parker, who, after funding an immunotherapy institute, decided to back a bold bet on cell therapy 2.0.
The first investor named on the press release for Arsenal’s $85 million launch, though, wasn’t Parker; it was Westlake Village Biopartners, an LA-based VC firm founded just the year prior by longtime Amgen R&D chief Sean Harper and the longtime life sciences chief at the legendary Silicon Valley firm Kleiner Perkins, Beth Seidenberg.
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