Paratus Science head of therapeutics discovery Lewis Hong, ClavystBio CEO Khoo Shih, DPM Heng Swee Keat and ClavystBio chairman Fidah Alsagoff.
The firm provides these start-ups, which are based either here or in the United States, with communal resources such as laboratories and offices. One of ClavystBio’s portfolio companies, Paratus Science, which recently raised US$100 million in a Series A funding round, said the spaces at Node 1 will enable it to focus on research and development.
ClavystBio recently partnered Lightstone Ventures, Polaris Partners and Leaps by Bayer – the corporate venture capital arm of German pharmaceutical giant Bayer – to establish 65Labs, a start-up incubator dedicated to new drug discovery and venture creation. “Singapore recognises that life science start-ups, supported by global venture capital, are critical engines of biomedical innovation,” he added.
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