Four Smith Anderson Clients Win 2016 Triangle Business Journal Life Sciences Awards

Congratulations to our clients, Precision BioSciences, Bayer, Bamboo Therapeutics and Shaw University, on being named 2016 Triangle Business Journal Life Sciences Awards winners!

Precision BioSciences, Bayer, Bamboo Therapeutics and Shaw University were among eight winners selected from a pool of 17 finalists. Precision BioSciences won “Company of the Year,” Bayer won “Best Agricultural Biotechnology Company,” Bamboo Therapeutics won “Best Early-Stage Product Development Company” and Shaw University won “Outstanding Research”. To view the full list of Triangle Business Journal award winners, click here.

Precision BioSciences is a genome editing company that seeks to solve significant problems in oncology, genetic disease, agriculture, and beyond via its proprietary, nuclease-based genome editing platform, known as ARCUS. Earlier this year, Precision executed a worldwide immuno-oncology partnership with Baxalta Incorporated, worth up to $1.6 billion, including a $105 million upfront payment to Precision. The collaboration will utilize ARCUS to potentially transform the treatment of multiple cancers through the development of allogeneic chimeric antigen receptor (CAR) T cell therapies. Smith Anderson acted as lead counsel to Precision, led by Life Sciences partners John Therien and Jason Brege, together with Mike Saber and others. To learn more about Precision, visit its website at www.precisionbiosciences.com.

Bayer is a global enterprise with core competencies in the fields of health care and agriculture. Bayer’s Crop Science division is the third largest innovative agricultural input company in the world. Bayer helps make the agricultural economy more productive thus contributing to society by helping to ensure an ample supply of high-quality food, feed, fiber and renewable raw materials. To learn more about Bayer, visit its website at www.bayer.com.

Bamboo Therapeutics is a fully integrated, clinical stage gene therapy company developing therapeutics to treat central nervous system and neuromuscular diseases, including rare diseases such as Duchenne muscular dystrophy, Giant axonal neuropathy (GAN), Canavan disease and Friedreich’s ataxia. To learn more about Bamboo, visit its website at www.bambootherapeutics.com.

Shaw University is the first historically black institution of higher education in the South and among the oldest in the nation. Shaw University exists to advance knowledge, facilitate student learning and achievement, to enhance the spiritual and ethical values of its students, and to transform a diverse community of learners into future global leaders. To learn more about Shaw University, visit its website at www.shaw.edu.

The awards ceremony took place on May 26 at The Umstead Hotel and Spa. The event was emceed by Art Pappas of Pappas Ventures.