Press Release

INDIANAPOLIS, May 27, 2025 /PRNewswire/ — Eli Lilly and Company (NYSE: LLY) and SiteOne Therapeutics, Inc. (“SiteOne”), a private biotechnology company developing small molecule inhibitors of sodium channels to treat pain and other neuronal hyperexcitability disorders, today announced a definitive agreement for Lilly to acquire SiteOne. The transaction includes STC-004, a Phase 2 ready Nav1.8 inhibitor […]

CAMBRIDGE, Mass., April 30, 2025— Mission BioCapital (MBC) announced today that it has expanded the reach of its Platinum Program in Europe in a collaboration with BioInnovation Institute (BII), a Denmark-based nonprofit institute focused on accelerating life sciences innovation to benefit human and planetary health. Winners of this year’s Platinum Program are eligible for lab

— Up to 8 winners to receive up to $500,000 each in pre-seed funding, incubator space, equity for discovery services, and expert mentorship— CAMBRIDGE, Mass., April 7, 2025— Mission BioCapital (MBC), in partnership with sponsors Eli Lilly and Company (Lilly), Ono Venture Investment (OVI), Alloy Therapeutics, and our newest sponsor, HitGen, announced today that applications

Sanofi to acquire Dren Bio’s bispecific myeloid cell engager for deep B-cell depletion, broadening immunology pipeline Dren Bio deep B-cell depleter program has the potential to reset the immune system Acquisition underpins path for Sanofi becoming leading immunology company Sanofi to pay $600 million up front Paris, March 20, 2025. – Sanofi and Dren Bio,

CAMBRIDGE, Mass., February 5, 2025 — We are proud to announce today that we have promoted three Mission BioCapital (MBC) investment professionals and extended our capabilities by adding three new team members. “In recognition of their contributions and value to our team, we are so pleased to have promoted Cassidy Blundell and Zach Collins to

— Pilot & first-year Platinum Program has provided eight companies pre-seed funding totaling $3.5 million, lab space, and mentorship and is now offering drug discovery and corporate advisory services from new sponsors Alloy Therapeutics, Goodwin, and van den Boom & Associates — CAMBRIDGE, Mass., October 30, 2024— Mission BioCapital (MBC) announced today the first eight

— Up to 6 winners are eligible for up to $3 million in seed funding, incubator space, $1 million in total equity for discovery services from Alloy Therapeutics, and expert mentorship — CAMBRIDGE, Mass., May 1, 2024— Mission BioCapital (MBC), in partnership with founding sponsors Eli Lilly and Company (Lilly) and Ono Venture Investment (OVI)

— Following success of 2022 pilot, MBC boosts 2023 program with substantially increased funding, geographic reach, and scientific expertise — — Applications now open — CAMBRIDGE, Mass., June 12, 2023—— Mission BioCapital (MBC) announced today the launch of the Mission BioCapital Platinum Program 2023 to identify and support high-potential life sciences startup companies. In collaboration

Underrepresented biotech founders developing novel health solutions will gain access to LabCentral’s lab space, resources and community CAMBRIDGE, Mass., Oct. 5, 2022— LabCentral Ignite, with support from key sponsors Pfizer, Bristol Myers Squibb and Mission BioCapital, today announced the winners of its second annual Golden Ticket contest: Cellens, Guardian Bio, QurCan Therapeutics and Spheric Bio.

Offers opportunity for underrepresented biotech entrepreneurs to benefit from LabCentral’s lab space, shared resources and community CAMBRIDGE, Mass., June 21, 2022— LabCentral, with support from Pfizer, Bristol Myers Squibb (BMS) and Mission BioCapital, today announced the launch of its second annual LabCentral Ignite Golden Ticket contest, designed to support diverse, underrepresented biotech entrepreneurs who are