A biotech hedge fund births a new immunology company
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A biotech hedge fund births a new immunology company

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Key Points:

  • Mohit Gupta, an analyst at Adar1 Capital, proposed creating a new company focused on developing an improved long-acting antibody treatment for atopic dermatitis.
  • The pitch was made to Dan Schneeberger, Adar1 Capital’s principal, in his Austin, Texas office two years ago.
  • Schneeberger’s primary role is investing in existing biotech firms rather than founding new companies.

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