BioCentury
ARTICLE | Finance

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Why Atlas is backing oncolytic virus company Replimune

September 28, 2015 7:00 AM UTC

Atlas Venture's decision to seek out an oncolytic virus investment coincided with the ex-management of BioVex Inc. looking to reunite to develop a next-generation product. The result was last week's $30 million series A round for Replimune Ltd.

Replimune's co-founders include Executive Chairman Philip Astley-Sparke and CEO Robert Coffin. Coffin founded BioVex and was its CTO. Astley-Sparke served as chairman, president and CEO. BioVex's lead asset, talimogene laherparepvec (T-Vec), has an Oct. 27 PDUFA date to treat regionally or distantly metastatic melanoma. ...