Big Names Backers Give Altos $3bn To Pursue Cell Rejuvenation Science

Founders Unveil New Research Powerhouse

Provided with a record $3bn backing from investors and bringing some big names on board, Hal Barron’s new firm Altos Labs wants to “reimagine medical treatments where reversing disease for patients of any age is possible."

San Diego
San Diego will be home to one of the three new Altos Institutes of Science. • Source: Alamy

Altos Labs has been launched with a record $3bn in funding to support a stellar cast of biotech leaders and academic researchers in pursuing their vision of “transforming medicine through cellular rejuvenation programming.”

Ambitious and well funded even in a sector already awash with money and big missions, Altos will be based around...

Scrip Podcast

Keep up with the top pharma business news of the week. On the go.

Scrip brings you a weekly bulletin of top picks.

More from Cell Therapies

  • Progress Or Hype? A Decade Of Cell Therapy In Japan

     
    • By 

    After 10 years of promised investment following its Nobel Prize for iPS cell research, Japan is cautiously narrowing regulations around the conditional approval of cell therapies and cutting some reimbursement prices. Commercial success remains mixed and some products have been withdrawn from the market.

  • Japan Cell Therapy Hopes Hit By HeartSheet Full Approval Hurdles

     
    • By 

    Despite initial promise, a novel autologous cell transplant therapy for severe heart failure has faced multiple challenges in gaining full approval in Japan, potentially providing learnings for other developers of regenerative medicines.

  • Quick Listen: Scrip's Five Must-Know Things

     
    • By 

    In this week's podcast edition of Five Must-Know Things: global CEO remuneration; another late-stage loss for Merch KgaA; deals shift to smaller M&A, partnering; Bayer’s Parkinson’s bets bear fruit; and India looks to innovate CAR-T models.

  • Bayer's Bets In Parkinson's Start To Bear Fruit

     
    • By 

    The German major is kicking off Phase II trials for a cell therapy and a gene therapy that could be gamechangers for the progressive neurodegenerative disorder that affects more than 10 million people worldwide.

More from Advanced Therapies