Octant

Annexon Appoints Industry Veteran, Dr. Rick Artis, as Chief Scientific Officer to Support the Advancement and Expansion of Complement-focused Portfolio

Retrieved on: 
Friday, January 6, 2023

“The next few years are poised to be transformational for our company as we advance our extensive complement pipeline, with several mid-to-late-stage trials underway.

Key Points: 
  • “The next few years are poised to be transformational for our company as we advance our extensive complement pipeline, with several mid-to-late-stage trials underway.
  • It’s a pleasure to welcome Rick back to the Annexon team to lead our research efforts as CSO.
  • “Annexon has built an impressive pipeline of classical complement inhibitors for the body, brain and eye,” said Dr. Artis.
  • I am thrilled to partner with the team to continue building upon the pioneering research at Annexon to address complement-mediated diseases.”

Zymergen Expands Agreement with Octant to Scale Next-Generation Drug Discovery Platform

Retrieved on: 
Thursday, July 14, 2022

EMERYVILLE, Calif., July 14, 2022 (GLOBE NEWSWIRE) -- Zymergen Inc. (Zymergen or the Company) today announced it has expanded its agreement with Octant to further scale their next-generation platform to develop breakthrough medicines.

Key Points: 
  • EMERYVILLE, Calif., July 14, 2022 (GLOBE NEWSWIRE) -- Zymergen Inc. (Zymergen or the Company) today announced it has expanded its agreement with Octant to further scale their next-generation platform to develop breakthrough medicines.
  • In May, Octant purchased five Reconfigurable Automation Carts, or RACs, to improve the throughput, efficiency, and reliability of operations for its existing platform.
  • Its been an incredible journey to watch this technology develop internally at Zymergen and even more rewarding to now see it outside of Zymergen, supporting other companies missions.
  • Octant is a next-generation therapeutics company integrating novel and scaled experimental technologies (multiplexed measurements and high-throughput synthetic chemistry) with computation to solve complex challenges in drug discovery.

Zymergen Sells Modular Automation System to Octant to Scale Next-Generation Drug Discovery Platform

Retrieved on: 
Thursday, May 26, 2022

EMERYVILLE, Calif., May 26, 2022 (GLOBE NEWSWIRE) -- Zymergen Inc. (Zymergen or the Company), today announced it has entered into an agreement with Octant for the sale of a modular automation system to scale Octants next-generation platform to develop breakthrough medicines.

Key Points: 
  • EMERYVILLE, Calif., May 26, 2022 (GLOBE NEWSWIRE) -- Zymergen Inc. (Zymergen or the Company), today announced it has entered into an agreement with Octant for the sale of a modular automation system to scale Octants next-generation platform to develop breakthrough medicines.
  • Zymergens complete automation solution includes modular hardware, modern web-based software, custom and turnkey workflows, and active monitoring and support.
  • Octant is a leading therapeutics company focused on developing drugs that match the complexity of human disease, said Sri Kosuri, Co-founder and Chief Executive Officer of Octant.
  • The initial installation consists of 5 Reconfigurable Automation Carts with plans to expand over time as Octant scales their workflows.

Catalio Capital Management Raises $381 Million for Oversubscribed Third Life Sciences Fund

Retrieved on: 
Tuesday, May 3, 2022

Catalio Capital Management, LP (Catalio), a leading multi-strategy life sciences investment firm, today announced the successful close of its third venture fund, Catalio Nexus Fund III (Fund III or the Fund), with more than $381 million in total capital commitments, exceeding its original $300 million target.

Key Points: 
  • Catalio Capital Management, LP (Catalio), a leading multi-strategy life sciences investment firm, today announced the successful close of its third venture fund, Catalio Nexus Fund III (Fund III or the Fund), with more than $381 million in total capital commitments, exceeding its original $300 million target.
  • The Fund received significant backing from current Catalio investors and a number of new, global institutional investors, foundations and endowments.
  • Previously, Catalio raised $15 million for Nexus Fund I and $100 million for Nexus Fund II.
  • Catalio Capital Management, LP, is a multi-strategy life sciences investment firm that focuses on breakthrough biomedical technology companies developing the next generation of drugs, devices, diagnostics and data-driven insights.

Octant Raises $80 Million Series B Round to Support Expansion of Next-Generation Drug Discovery Platform, Announces Collaboration with Bristol Myers Squibb and Key Appointments

Retrieved on: 
Thursday, April 21, 2022

In addition to Catalio, the Series B financing included participation from Bristol Myers Squibb, and existing investors Andreessen Horowitz Bio Fund, Allen & Co., and 50 Years VC.

Key Points: 
  • In addition to Catalio, the Series B financing included participation from Bristol Myers Squibb, and existing investors Andreessen Horowitz Bio Fund, Allen & Co., and 50 Years VC.
  • Octant also plans to develop multiple additional therapeutic programs in small molecule chaperone therapies for rare genetic diseases.
  • Immunogenetics and immunopharmacology are among the most complex areas in biology and drug discovery, with potential to impact countless patients, continued Kosuri.
  • As Chief Scientific Officer, Rick Artis will be responsible for Octant's chemistry function and drug discovery and development programs.

Twist Bioscience Launches 96-Plex Library Prep Kit for Low Pass High Throughput Next-Generation Sequencing

Retrieved on: 
Monday, December 20, 2021

Twist Bioscience Corporation (NASDAQ: TWST), a company enabling customers to succeed through its offering of synthetic DNA using its silicon platform, today announced the launch of the Twist 96-Plex Library Prep Kit, a high-performance, cost-effective preparation kit for next-generation sequencing (NGS).

Key Points: 
  • Twist Bioscience Corporation (NASDAQ: TWST), a company enabling customers to succeed through its offering of synthetic DNA using its silicon platform, today announced the launch of the Twist 96-Plex Library Prep Kit, a high-performance, cost-effective preparation kit for next-generation sequencing (NGS).
  • We found the Twist 96-Plex Library Prep Kit!
  • Library preparation is a major bottleneck for sequencing workflows, from both a timing and cost perspective.
  • The Twist 96-Plex Library Prep Kit includes a robust PCR-like workflow for ultra-high throughput library construction that allows customers to use a small amount of sequencing data to generate high-quality genotype calls across the entire genome.