Vivek Ramaswamy is diving into RNA, launching a new biotech with Arbutus and a team of vets
After buying up a big chunk of Arbutus’ $ABUS shares, Roivant CEO Vivek Ramaswamy has created a new joint venture startup that brings some top industry veterans together with a mix of RNA-related technologies to launch a new company that will now build up a pipeline.
In a twist for Ramaswamy, his new venture — Genevant Sciences — doesn’t involve in-licensing a late-stage therapy with an eye towards a quick flip to pivotal data. This time he’s taking tech from Arbutus and building a pipeline from scratch. But he still plans to move fast into a field of deeply experienced rivals.
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