Chris Chai (L) and Peter Van Vlasselaer

SR One re­cruits an IPO vet and sea­soned ops chief for the ven­ture team. And they have some prac­ti­cal ad­vice for you

A few months ago, SR One com­plet­ed the long-run­ning feat of sep­a­rat­ing from its founders at GSK, while adding a fresh $500 mil­lion fund to write the next chap­ter in its 35-year-long sto­ry as one of the in­dus­try’s best-known ven­ture play­ers. And now it’s time to ex­pand the team.

Chris Chai, the for­mer CFO at Prin­cip­ia — un­til Sanofi CEO Paul Hud­son snapped it up re­cent­ly for $3.7 bil­lion — has just come on board along with Pe­ter Van Vlas­se­laer, a well known biotech en­tre­pre­neur whose list of ac­com­plish­ments in­cludes found­ing Ar­mo and tak­ing it right through a $1.6 bil­lion sale to Eli Lil­ly.

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