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Start-ups

Johnson & Johnson veterans launch start-up Third Arc Bio

by Rowan Walrath
July 29, 2024 | A version of this story appeared in Volume 102, Issue 23
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A trio of former executives at Johnson & Johnson has banded together to launch a start-up focused on next-generation biologics. Former J&J oncology R&D head Peter F. Lebowitz, former head of Janssen Biotherapeutics Sanjaya Singh, and former J&J vice president and head of oncology discovery and external innovation Joe Erhardt are behind Third Arc Bio. The company aims to develop antibodies that engage T cells such that they can be used to treat solid-tumor cancers and inflammatory and immunological diseases. The company has $165 million in venture backing from Goldman Sachs and AbbVie, among others.

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