Sio has changed significantly since its formation in 2014.
Then, it was Axovant, one of the many subsidiaries built around Roivant Sciences, a healthcare company created by the well-known hedge fund partner Vivek Ramaswamy. Like other “vant” companies, Axovant aimed to develop drugs that had been shelved by other pharmaceutical firms. Its initial lead program, licensed from GlaxoSmithKline, was an experimental, small molecule medicine tested against Alzheimer’s disease.
