Weil Reps Sanofi On $125M Biotech Venture With VCs
Sanofi said it partnered with Third Rock Ventures LLC and Greylock Partners to launch Warp Drive, a genomic search engine business. Sanofi will provide half of the financing, with the VC firms contributing the other half.
Of the total investment, $75 million will be invested in equity in Warp Drive, Sanofi said. Total...
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