Slingshot Therapeutics

Founded
2024
Shareholding
100%
Stage
Pre-clinical

  • Unless stated all financials at 30 September 2024.

  • Percentage holding reflects Syncona's ownership stake at the point full current commitments are invested.

Slingshot website

Slingshot, the Syncona Accelerator, is focused on accumulating a pipeline of early-stage programmes, identified from world-leading academic institutions, and accelerating their development towards the clinic.

Slingshot benefits from Syncona’s expertise in creating and building companies from early-stage science. Through a high-quality management team, Slingshot offers academic founders access to development expertise that is rarely available to singular early-stage programmes, as well as centralised resource, funding and operational support. This enables Slingshot to rapidly advance its programmes and create a variety of options to further progress them through the clinic and ultimately to patients.

Slingshot is led by Managing Partner Edward Hodgkin, as Executive Chair of the company, and Executive Partner Richard Wooster, as Chief Scientific Officer of the company.

Syncona added Slingshot to the portfolio with an initial commitment of £12.5 million. These proceeds will be used to support Slingshot’s operational build and platform development, as well as advance its first programme, Apini, a small molecule programme targeting inflammatory disease that was sourced from The University of Manchester.

Investment thesis

  • Slingshot provides a capital efficient way to gain exposure to the returns available from translating highly innovative science into promising biotech assets
  • Allows Syncona to accelerate multiple pre-clinical programmes under one pipeline, supporting the early and efficient de-risking of leading science before clinical entry

Syncona team

Edward Hodgkin

Edward Hodgkin

Edward Hodgkin is a Managing Partner of Syncona Investment Management Ltd. He is currently the Chair of Mosaic Therapeutics and Slingshot Therapeutics, and a Board member of Resolution Therapeutics and OMass Therapeutics. He was also previously the first CEO and a board member of Autolus Therapeutics (NASDAQ:AUTL), and the former CEO of Resolution Therapeutics. Within the Syncona life science team…
View Edward's biography
Position
Executive Chair
Qualification
PhD
Richard Wooster

Richard Wooster

Richard Wooster is an Executive Partner of Syncona Investment Management Ltd. Dr. Wooster is Chief Scientific Officer and a Director of Slingshot Therapeutics. Dr. Wooster brings extensive experience of creating drug discovery strategies and leading discovery teams at pharmaceutical and biotechnology companies. He most recently served as the Chief Scientific Officer at Translate Bio, which was acq…
View Richard's biography
Position
Director & CSO
Qualification
PhD
Kate Butler

Kate Butler

Kate Butler is Chief Financial Officer of Syncona Investment Management Ltd. Kate is a Director on the Board of Slingshot Therapeutics. Kate joined Syncona Investment Management Ltd. in 2022 as Group Finance Director, and subsequently was promoted to CFO, effective April 2024. She is a senior finance leader with over 20 years’ experience in finance and a wealth of experience across multiple roles…
View Kate's biography
Position
Director

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