Blackstone unearths Uniquity Bio with $300M to explore Merck drug's I&I potential

Blackstone unearths Uniquity Bio with $300M to explore Merck drug's I&I potential

Source: 
Fierce Biotech
snippet: 

What a time to be launching a new biotech focused on inflammation and immunology.

Uniquity Bio is the latest such company, unveiled by Blackstone Life Sciences on Wednesday with $300 million and a phase 2-stage lead asset. Solrikitug, an anti-TSLP antibody in-licensed from Merck & Co., was just given the green light by the FDA for two looming studies in chronic obstructive pulmonary disease (COPD) and asthma, respectively. And Blackstone’s head of life science investments suggests the pipeline may soon grow.