From Launch To IPO In 13 Months: Gossamer Bio’s CEO Says She’s Running The Company Of Her Dreams [Forbes]
CELGENE (CELG)
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Source: Forbes
From Launch To IPO In 13 Months: Gossamer Bio’s CEO Says She’s Running The Company Of Her Dreams When Celgene bought Receptos in 2015, Dr. Sheila Gujrathi, who was chief medical officer of the smaller biotech at the time, remembers of the acquisition, “It was a little bittersweet to have lost a stellar team that we had created together.” But that gave Gujrathi the chance to start something new. Gujrathi didn’t move over to Celgene when Receptos was acquired, but she joined together Receptos CEO Faheem Hasnain and some of their colleagues, taking the next couple of years “to create the company of our dreams,” Gujrathi says. That ultimately became Gossamer Bio, of which Gujrathi is now CEO. Officially launched in January last year in a whirlwind 13 months, the San Diego startup, which is developing drugs focused on immunology, raised over $300 million in venture capital funding from investors like ARCH and Polaris Partners. It raised another $276 million on Thursday in an initial public
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