Thermo Fisher Scientific and Flagship Pioneering are forming a partnership to create companies that make biotechnology tools. The partnership will match Flagship’s venture formation expertise and Thermo Fisher’s background in developing technologies for life sciences research. Launched in 2000, Flagship has spawned 40 companies, including Denali Therapeutics, a drug discovery firm focused on neurodegenerative diseases, and Foghorn Therapeutics, a specialist in medicines targeting genetic mutations in the chromatin regulatory system.
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