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Home AGROTECHNOLOGY

AgBiome’s new sister company named LifeEDIT

by Tatyana Ivanovich
May 19, 2022
in AGROTECHNOLOGY
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Cambridge-based cell and gene therapy holding company ElevateBio, and AgBiome, a leader in developing innovative products from natural microbial communities, announced Nov. 16 that LifeEDIT Therapeutics has joined ElevateBio’s growing portfolio of companies.

According to a news release from AgBiome, LifeEDIT Therapeutics combines a highly innovative genome editing platform, derived from AgBiome’s proprietary library of microbes, with ElevateBio’s expertise in the discovery and development of new cell and gene therapies.

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LifeEDIT will continue to develop internal cell and gene therapies while further strengthening its platform of diverse genome-editing enzymes and provide gene-editing expertise to strategic partners including ElevateBio portfolio companies, according to the news release. AgBiome retains rights for gene editing in agriculture, animal health, and diagnostics. AgBiome’s products include Howler, a biofungicide for specialty crops.

“LifeEDIT’s genome editing platform is one of the most versatile in the field and was the natural fit as we continue to build a world-leading cell and gene therapy offering,” said Mitchell Finer, president of ElevateBio BaseCamp, and newly-appointed Chief Executive Officer of LifeEDIT Therapeutics.

According to the news release, members of ElevateBio will join the newly formed LifeEDIT Therapeutics management team. The combined executive team will include:

  • Mitchell Finer, Ph.D., Chief Executive Officer, LifeEDIT Therapeutics and President, ElevateBio BaseCamp.
  • Tedd Elich, Ph.D., Chief Scientific Officer, LifeEDIT Therapeutics.
  • Kareem Reda, Chief Operating Officer, LifeEDIT Therapeutics and Chief Business Officer, ElevateBio.
  • Clare Murray, Vice President, Head of Corporate Development and Strategy, LifeEDIT Therapeutics.

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Tatyana Ivanovich

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