Targeting a Big Market with a Unique Platform and Synergistic Teams
Since 2012, Eli Casdin and his investment team’s returns have flowed from their reputation, built over years, as investor-partners, working from the inside to drive and support new developments. Their tireless, on-the-ground research, close relationships with the brightest scientists and management teams and investments focus on the long-term. Their industry connections now include hundreds of critical business builders, specialists, and innovators, which we believe will allow CM Life Sciences to push forward into new opportunities while also capturing value overlooked, or left behind.
Keith Meister has an extensive history of creating value and effecting change at companies, by creating buy-in from management teams, directors, and shareholders. Focused on identifying market dislocations and adept at spotting differentiated points of view, Mr. Meister and the Corvex Management team have built success based on deep industry understanding and a willingness to take the longer term view while capitalizing on market inefficiencies. Prior to founding Corvex Management, Mr. Meister was Chief Executive Officer / Principal Executive Officer of Icahn Enterprises, a NYSE listed diversified holding company, where he grew assets from $1.5 billion to $18 billion while generating greater than 20% annual returns for shareholders. Mr. Meister has served as a director of 14 public companies and helped those companies structure and execute over $80 billion in transactions including spin-offs, asset sales, mergers, acquisitions and various forms of capital market transactions.
CM Life Sciences was founded to take advantage of a dynamic life science sector buoyed by innovation yet fragmented, where many companies are under-resourced and under-scaled. Significant and under-appreciated opportunities for consolidation are ready for engagement by a team versed in the trends and themes, and who can bring together the strongest of the new companies and management teams to capitalize on near- and far-term opportunities. CM Life Sciences is ready, bringing together the unique industry experience, operational expertise, and investment savvy of Eli Casdin and Keith Meister.
*Revenue estimate for 2020
Our Strategy: Invest In Innovative Companies And Improve Through Active Engagement
Services and tools supporting drug discovery, development and manufacturing. Identifying operationally focused companies with regulated products and services that have long and lucrative life cycles.
High value tools and services for R&D across academia, government and industry. Tremendous opportunity to combine workflows and solutions to create powerful synergies and growth.
New markets exploiting technological advances in engineering of biological systems. From human health to industrial markets the syn-bio manufacturing platform is the future few appreciate.
Molecular diagnostics industry now realized with limited public opportunities for exposure. Imbalance between channel and content capabilities creates synergy opportunities.
Board of Directors
Eli Casdin – CEO
Eli Casdin, our Chief Executive Officer, is founder and Chief Investment Officer of Casdin Capital. Mr. Casdin founded Casdin Capital in 2011. For the last 17 years he has analyzed and invested in disruptive technologies and business models in life sciences and healthcare. Prior to founding Casdin Capital, Mr. Casdin was a vice president at Alliance Bernstein’s “thematic” based investment group where he researched and invested in the implications of new technologies for the life sciences and healthcare sectors. The black book, “The Dawn of Molecular Medicine,” co-authored by Mr. Casdin, details the early, yet already accelerating, wave of innovations in life sciences, and the next wave of investment opportunities. Mr. Casdin’s prior experience includes time at Bear Stearns and Cooper Hill Partners, a healthcare focused investment firm. Mr. Casdin earned a B.S. from Columbia University and an MBA from Columbia Business School. Mr. Casdin serves as a director or observer on the boards of a number of privately held life sciences companies, including Thrive Earlier Detection Corp. He has previously served as a director or observer on other, now public, boards, including Invitae Corporation (NYSE: NVTA), Relay Therapeutics, Inc. (Nasdaq: RLAY), and Magenta Therapeutics (Nasdaq: MGTA). Mr. Casdin is currently a member of the New York Genome Center Board and a member of The Columbia University School of General Studies Board of Visitors.
Eli Casdin & Keith Meister of CM Life Sciences, and Sema4 CEO, Eric Schadt, talked to CNBC about how their plans to go public will help them deliver on transforming clinical & life sciences through better leveraging of data.