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PanGenetics "Experiment" Winding Down, CEO Kevin Johnson to Pursue Asset-Centric Model at Index Ventures

This article was originally published in The Pink Sheet Daily

Executive Summary

The Belgian biotech secured an exit for investors with last year's unusual front-end loaded NGF deal with Abbott, but lightning won't strike twice as its second program can't get through Phase I.

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Citing different financial needs, Versartis' backers have created Diartis to take its GLP-1 molecule to proof of concept, while Versartis focuses on human growth hormone.

Two's a Crowd: Versartis Raises $21 Million Series B, Cleaves Off Diabetes Asset to Form Diartis Pharma

Citing different financial needs, Versartis' backers have created Diartis to take its GLP-1 molecule to proof of concept, while Versartis focuses on human growth hormone.

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