Longevity startup Retro Biosciences says its latest fundraising values ​​it at $1.8 billion
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Longevity startup Retro Biosciences says its latest fundraising values ​​it at $1.8 billion

Allison explains what hot startups are doing and who is funding them. She is also co-host of the weekly biotechnology podcast, “The Readout Loud.” You can reach Allison on Signal at AllisonDeAngelis.01.

Retro Biosciences, the longevity startup backed by OpenAI CEO Sam Altman, has raised more money at a valuation of $1.8 billion, it announced Friday.

Retro has a big mission: to add 10 healthy years to the human lifespan. He seeks to achieve this using a variety of technologies, including in vivo gene therapies, cell replacement therapies, and other approaches aimed at stimulating younger, healthier cells in aging tissues.

The company is currently conducting its first clinical trial: testing a pill designed to improve the body’s ability to better eliminate protein clumps in patients with Alzheimer’s disease. Retro CEO Joe Betts-LaCroix told the audience at STAT’s Breakthrough Summit West on Tuesday that the trial was going “super well” and that researchers had not seen any dose-limiting toxicities. It said it expects to release some data from the trial around August.

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