Frazier Healthcare Partners (“Frazier”) today announced the launch of Lengo Therapeutics, Inc. (“Lengo”), a biopharmaceutical company focused on the discovery and development of novel treatments targeting driver mutations in oncology. “Lengo emerged from discussions at Frazier and among a highly experienced group of oncology researchers, including Frazier Senior Advisors Roger Ulrich, Ph.D., Jim Bristol, Ph.D., Michael Gallatin, Ph.D. and Bruce Roth, Ph.D., who helped identify several mutations in cancers that we felt were not well addressed by existing therapeutics,” said Tracy Saxton, Ph.D., CEO of Lengo. ”We were fortunate to identify novel chemical matter discovered at Jubilant to address some of these mutations of interest.” Jubilant Life Sciences Ltd (“Jubilant”) has granted an exclusive license to Lengo for the worldwide development and commercialization of a portfolio of novel chemistry against undisclosed oncology targets. In connection with the license, Lengo has completed a $15 million Series A financing round from Frazier.
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Source: https://www.businesswire.com/news/home/20200512005356/en/Frazier-Healthcare-Partners-Launches-Lengo-Therapeutics