The launch of Altos Labs represented something of a coming of age for the business of trying to prolong youth.
With a vast $3bn of financial backing, GSK’s former chief scientific officer in charge and a mission to rejuvenate the human body, the California-based biotech in 2022 embarked on research on how to reverse disease and restore healthy cells — and kicked off serious interest in longevity.
Of course, researchers have been studying the ageing process for decades and interest in treatments and cures stretches back millennia. By the 2010s, investors had started to test the water with companies such as Calico Life Sciences and Cambrian Biopharma. But it was the Altos Labs deal in 2022 that marked a new level of investor commitment.
Three years on, it remains the highest-profile longevity biotech and has had early success with experiments in mice that involved partially reprogramming cells to make them healthier and live longer.
But there are also hundreds of other start-ups in the market. Earlier this year, Retro Biosciences said it was in the process of raising $1bn, including money from existing investor Sam Altman, to fund clinical trials for three potential drugs that it hopes could treat Alzheimer’s and rejuvenate blood and brain cells.
Others in the field include NewLimit, a genetic reprogramming start-up co-founded by Coinbase chief executive Brian Armstrong, which announced in May that it had raised $130mn in a series B funding round. Cambrian, an incubator and investor in longevity start-ups, raised $100mn in series C funding in 2021.
Meanwhile, scientific understanding of ageing is progressing and all kinds of treatment options are being investigated, from the rejuvenating properties of young blood to drugs that block cell death.
Read the full story: Inside the billion-dollar quest to live beyond 100 (FT)