Andrew Schiermeier, Founder of AvenCell

About Andrew Schiermeier

Andrew Schiermeier, PhD, is the President and CEO of AvenCell Therapeutics, a clinical-stage biopharma company specializing in switchable universal T-cell therapies for challenging cancers. He leads the company, which was founded with $250 million in committed capital from Blackstone Life Sciences as its sole founding investor. Schiermeier previously held leadership roles at Cellex Cell Professionals, which contributed technology to AvenCell's pipeline.

Andrew Schiermeier at a glance

• Company: AvenCell
• Total raised: $362M
• Latest round: Series B
• Investors: Blackstone Life Sciences, Novo Holdings, F-Prime Capital, Eight Roads Ventures Japan, Piper Heartland Healthcare Capital, NYBC Ventures
• Location: Watertown, Massachusetts

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