Flagship, which has stakes in several other biotech companies including Moderna, will invest $50 million in the Pfizer partnership. Its drug discovery initiative, called Pioneering Medicines, will lead the research for new drug molecules.
Tag Archive for: Flagship Pioneering
Life sciences–focused venture capital firm Flagship Pioneering unveiled its newest start-up Wednesday: the Cambridge, Mass.–based Empress Therapeutics, which aims to speed up the identification and development of small molecule drugs.
In a busy 24 hours of launches, Flagship Pioneering announced Apriori Bio, which utilizes artificial intelligence to predict virus activity and variant formation, including in COVID-19.
The combined company will operate as Syros Pharmaceuticals and continue to advance Syros’ ongoing clinical programs.