← Deals NEWCO · LICENSING · AUG 2026

Haisco immunology asset goes into ARCH-founded NewCo Sentivera

Illustration (decorative, not data).

Summary

ARCH Venture Partners and Population Health Partners co-founded the US company Sentivera, which takes exclusive rights outside Greater China to a Haisco immunology asset; Haisco keeps Greater China rights and holds equity in Sentivera. Neither the target nor the modality has been disclosed — only that it addresses type 2 inflammatory diseases, has just received a Chinese IND, and showed anti-inflammatory activity and good safety preclinically. This is the classic NewCo playbook: the Chinese side trades the asset for cash plus equity, while a top US VC builds the team to run overseas clinical development. Upfront and equity together are less than 5% of the headline total; most of the value depends on later milestones.

Deal terms, as disclosed

Upfront and equity combined $75.89M + milestones up to $1.46B + mid-single-digit to low-double-digit royalties.

Summary of public disclosures, not investment advice. Amounts are as announced; milestone payments are contingent and may never be paid.

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