| Founded | 2018 |
|---|---|
| Closed | 2024 |
| Country | USA |
| Sector | Biotech |
| Total raised | 800 |
| Collapse type | Slow Death |
| Founder | Rick Klausner |
Lyell Immunopharma
"Rick Klausner's star-studded cell therapy company raised $800M, IPO'd at $25, now trades at $1"
Years-long decline before final shutdown
Key Events Timeline
Lyell was founded by Rick Klausner, former NCI director, with the thesis that T cell exhaustion was the key bottleneck in solid tumor CAR-T therapy.
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