Third Rock ramps up a $57M upstart focusing on proteins in motion
For years now, drug developers have been taking aim at a snapshot of a protein’s structure. But a biotech startup says that it’s figuring out how to go after proteins in motion, and they expect to uncover all sorts of new targets to tackle a wide variety of diseases in the process.
That, in a nutshell, is the game plan being laid out at the latest Third Rock startup to come our way. Dubbed Relay Therapeutics, it’s been endowed with a $57 million A round — brought to you by the prolific venture group with a contribution from an affiliate of D.E. Shaw Research, which is getting directly involved — and billed as the world’s first discovery platform aimed at developing new therapies that can be found through the careful examination of proteins in motion. And it will be godfathered by the experienced startup player and venture partner Alexis Borisy, along with a group of scientists who believe that protein motion’s time in the R&D sun is approaching.
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