On the same wires
Most of these rounds were led by someone else. The recurring names in the syndicate columns are the ones you would expect for early-stage oncology in this decade: ARCH, GV, MPM, Pfizer Ventures, RA Capital, Bessemer, OrbiMed. Taiho is rarely the first wire and almost never the largest. The seat we take is the one a $400M Japanese specialty pharmaceutical company is permitted to take — a syndicate position, taken seriously.