Evan Zimmermann has invested in trailblazer biotech firm Altos Labs. He is among a group of investors, along with Amazon’s founder Jeff Bezos and Israeli-Russian billionaire Yuri Milner. The exact amount invested by Zimmermann is not yet known.
Altos Labs is a crunch-based firm that utilizes biological reprogramming technology, a way to rejuvenate cells in the laboratory that could be extended to revitalize the entire body, thereby reversing the aging process and expanding the human lifespan. The World’s richest man, Jeff Bezos, and biotech mogul Evan Zimmermann, have shown trust in this technology by investing in the firm.
Evan Zimmermann has been investing in biotech companies, some of which are now publicly-traded. Many of Zimmermann’s investments in this space are companies working on solutions for cancer. According to the WHO, cancer is the second leading cause of death. Cancer treatment remains an area with significant unmet medical need.
Zimmermann is best known for his early investment in Moderna, the biotech company that first developed a vaccine for COVID-19. He invested in Moderna when It was not as renowned a brand as it is today. Moderna’s success in bringing breakthrough vaccine for COVID-19 and its subsequent growth has also boosted Evan Zimmermann’s public profile as a biotech visionary.
Zimmermann also participated in the $76 million investment round for Nautilus Biotechnology in 2020. Nautilus has focused on tackling diseases like cancer and multiple sclerosis. It went public in February 2021 through a blank-check company called Arya Sciences Acquisition in a deal that valued it at $900 million.
He also participated in the funding of Sana Biotechnology which raised a massive $700 million from a group of investors including Evan Zimmermann in 2020. The company went public in February 2021 in a transaction that raised nearly $600 million.
The exact reason why Evan Zimmermann has decided to put money in Altos Labs is not clear. Obviously, as Zimmermann gets older, he might want to fund research that could help extend his longevity and quality of life. Altos Labs is indeed on a mission to help people live more active and comfortable lives.
