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Venture Capital
clarusventures.com

Investments

1

Funds

7

About Clarus Ventures

The firm invests in life sciences venture capital companies with biopharmaceutical and medical technology. It specializes in research and development, commercialization, business development, and operations management at the global level.

Headquarters Location

101 Main Street Suite 1210

Cambridge, Massachusetts, 02142,

United States

(617)949-2200

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Latest Clarus Ventures News

07:00 EDT Odyssey Therapeutics Appoints Industry Leader Jeffrey M. Leiden, M.D., Ph.D., as Board Chair

May 19, 2022

News provided by Share this article Share this article BOSTON, May 19, 2022 /PRNewswire/ --  Odyssey Therapeutics, Inc ., a biotechnology company pioneering next generation precision immunomodulators and oncology medicines, today announced the appointment of industry veteran Jeffrey M. Leiden, M.D., Ph.D., as Chairman of the Board. With more than 40 years' experience in the biopharma industry, Dr. Leiden has dedicated his career to improving the lives of people with serious diseases, including his most recent tenure as the Executive Chairman and former CEO of Vertex Pharmaceuticals. "I am thrilled to welcome Jeff to the board of Odyssey as a longtime collaborator and trusted colleague with decades of experience in developing life-changing medicines and building transformative companies," said Gary D. Glick, Ph.D., Founder and Chief Executive Officer of Odyssey Therapeutics. "As a physician scientist and industry executive, Jeff has had unparalleled success in discovering and developing innovative therapeutics and building blockbuster commercial franchises. I have great confidence that Jeff's leadership and counsel as Board Chair will be invaluable to Odyssey as we deliver on our goal of treating serious human diseases to improve patients' lives." As one of the most admired and accomplished leaders in the biopharmaceutical industry, Dr. Leiden has discovered, developed, and commercialized some of the most transformative and life-changing medicines of the last two decades. As CEO and Executive Chairman of Vertex, Dr. Leiden was instrumental in building Vertex into one of the largest, most profitable biotechnology companies in the world, steering the company towards significant, sustainable growth throughout his tenure. With Dr. Leiden at the helm, Vertex developed and commercialized several breakthrough medicines for cystic fibrosis, a condition where no other therapies previously existed, including KALYDECO® (ivacaftor), ORKAMBI® (lumacaftor/ivacaftor), SYMDEKO® (tezacaftor/ivacaftor and ivacaftor), and TRIKAFTA® (elexacaftor/tezacaftor/ivacaftor and ivacaftor). At the same time, Dr. Leiden also built a robust pipeline of drug candidates in specialty markets, including pain sickle cell disease and type I diabetes, with a particular focus on therapies that cure or modify the course of disease. Prior to Vertex, Dr. Leiden served as a managing director of Clarus Ventures from 2006 to 2011 and as President, Chief Operating Officer, and Chief Scientific Officer at Abbott Laboratories where he led the development and launch of multiple breakthrough medicines, including the blockbuster, HUMIRA® (adalimumab). In addition, while at Clarus, Dr. Leiden served as Chairman of the Board of Lycera Corp., the first company founded by Dr. Glick that successfully launched multiple clinical programs along with several high profile partnerships. "Odyssey has created one of the most exciting new drug discovery and development platforms in recent years by integrating next generation capabilities with an exceptional team responsible for developing dozens of transformational oncology and immunology therapeutics," said Dr. Leiden. "Having worked closely with Gary in previous ventures, I am eager to collaborate again in the years ahead to support Odyssey's development into a sustainable, fully integrated biotechnology company and to deliver on our shared vision of developing more effective medicines by targeting the underlying causes of human disease." Dr. Leiden began his career in academia as a molecular biologist and practicing cardiologist, earning a B.A. in Biological Sciences, a Ph.D. with honors in Virology, and a M.D. from the University of Chicago. Dr. Leiden held several academic and hospital appointments, including roles as Chief of Cardiology, the Rawson Professor of Medicine and Pathology, and an attending physician at the University of Chicago; the Elkan R. Blout Professor of Biological Sciences at the Harvard School of Public Health; and Professor of Medicine at Harvard Medical School. He was also involved in founding several biotechnology companies including Vical and Cardiogene and is the author of numerous patents. Dr. Leiden serves on the board of fellows at Harvard Medical School, is a Fellow of the American Academy of Arts and Sciences, and is an elected member of the National Academy of Medicine. Dr. Leiden's impact on the field reaches beyond the companies he has led. He is also the recipient of many awards and honors for his contributions to the biomedical innovation ecosystem, most recently being recognized for a Lifetime Achievement in Biopharma by Forbes in 2020. Among several honors, he's also been named one of Forbes' America's Most Innovative Leaders in 2019, a Power 50 Honoree for several years by the Boston Business Journal, and the 100 Most Influential People in Boston by Boston Magazine. About Odyssey Therapeutics Odyssey Therapeutics is a biotechnology company focused on discovering, developing, and commercializing the next generation of immunomodulators and oncology medicines. Comprised of an expert team of drug hunters, scientists and industry leaders in foundational biology, chemistry, and data sciences, Odyssey is transforming drug discovery to accelerate and drive the creation and efficient delivery of life-enhancing precision medicines to patients. For more information, please visit www.odysseytx.com  and follow Odyssey Therapeutics on Twitter ( @Odyssey_Tx ) and LinkedIn . SOURCE Odyssey Therapeutics

Clarus Ventures Investments

1 Investments

Clarus Ventures has made 1 investments. Their latest investment was in Satellite Bio as part of their Seed VC on November 11, 2020.

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Clarus Ventures Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

11/17/2020

Seed VC

Satellite Bio

$19M

Yes

1

Date

11/17/2020

Round

Seed VC

Company

Satellite Bio

Amount

$19M

New?

Yes

Co-Investors

Sources

1

Clarus Ventures Fund History

7 Fund Histories

Clarus Ventures has 7 funds, including Clarus IV LP.

Closing Date

Fund

Fund Type

Status

Amount

Sources

7/18/2017

Clarus IV LP

Multi-Stage Venture Capital

Closed

$910M

1

6/8/2015

Clarus Lifesciences III LP

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$99M

10

9/18/2014

Clarus DE II LP

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$99M

10

8/5/2014

Clarus Defined Exit I LP

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$99M

10

2/25/2008

Clarus Lifesciences II LP

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$99M

10

Closing Date

7/18/2017

6/8/2015

9/18/2014

8/5/2014

2/25/2008

Fund

Clarus IV LP

Clarus Lifesciences III LP

Clarus DE II LP

Clarus Defined Exit I LP

Clarus Lifesciences II LP

Fund Type

Multi-Stage Venture Capital

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Status

Closed

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Amount

$910M

$99M

$99M

$99M

$99M

Sources

1

10

10

10

10

Clarus Ventures Team

9 Team Members

Clarus Ventures has 9 team members, including current Controller, Elsa Gelin.

Name

Work History

Title

Status

Elsa Gelin

MPM Capital

Controller

Current

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Name

Elsa Gelin

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Work History

MPM Capital

Title

Controller

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Status

Current

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