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Genentech Veteran Named New BioMarin CEO as Gene Therapy Launch Ramps Up

BioMarin Pharmaceutical CEO Jean-Jacques Bienaimé will retire in December, when he will be succeeded by Genentech CEO Alexander Hardy. The transition comes with BioMarin in the early stages of the commercial launch of Roctavian, the first FDA-approved hemophilia A gene therapy.
United States Tim Lugo William Blair Jean Jacques Bienaim Alexander Hardy Richard Meier

Former Paige.AI CEO Launches Microbiome Profiling Startup

Jona, a New York-based gut microbiome testing startup, emerged from stealth with $5 million in funding. The company's at-home microbiome profiling kit educates users about how the community of microorganisms residing in their gut impacts their overall health. The platform also offers recommendations concerning diet and lifestyle modifications based on users’ personal health goals.
New York United States Leo Grady Viome Life Sciences Breyer Capital Meridian Street

Eli Lilly Strikes $250M Deal to Add Gene-Editing Medicines for Cardio Conditions

Eli Lilly is acquiring Beam Therapeutics’ opt-in rights to three Verve Therapeutics gene-editing therapies for cardiovascular conditions. The deal comes four months after the pharmaceutical giant began a partnership on a preclinical Verve gene-editing therapy for a different target.
Eli Lilly Sami Corwin Myles Minter Mani Foroohar William Blair Ruth Gimeno

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The New Era of Programmable Biology

While legacy pharma companies battle in court with government agencies over how to address the costs that result from antiquated drug development paradigms, a growing cadre of compute-enabled life science companies are unlocking the nascent power of next-generation compute technologies to transform drug discovery and development.
United States Centers For Medicare Medicaid Services Inflation Reduction Act Medicaid Services Weight Loss Medical Devices

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