Billionaire Sean Parker wants to create better weapons against cancer—here's how he's making it happen:
Sean Parker, launched Thursday with $85 million from a Series A funding round that closed in July. The company plans to use machine-learning to discover new gene pathways to fight cancer and then use gene editing technology Crispr to create immune cells that are better at battling solid cancer tumors.
In addition to Sean Parker and his institute, ArsenalBio is backed by investors including Westlake Village BioPartners and the UCSF Foundation Investment Company. The field of cancer immunotherapy is becoming increasingly crowded. In the more than 20 years since the first effective CAR T-cell therapy, dozens of companies including BioNTech and Allogene Therapeutics have been putting their own spin on the treatment, which traditionally involves extracting T immune cells from a cancer patient, modifying the receptors on those cells to bind to cancer tumors and infusing them back into the patient.
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