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Business

TenSixteen Bio launches with $40 million to treat age-related disease

by Michael McCoy
January 29, 2022 | A version of this story appeared in Volume 100, Issue 4
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TenSixteen Bio has launched with $40 million from Foresite Capital and GV (formerly Google Ventures) to treat age-related diseases. When cells divide as people age, a process called clonal hematopoiesis of indeterminate potential (CHIP) can cause mutations that influence disease, the firm says. TenSixteen was founded by CEO Mark Chao to prevent disease by targeting CHIP biology. Chao earlier cofounded Forty Seven, which Gilead Sciences acquired in 2020 for $4.9 billion.

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