BiPar Sciences
Acquired10 known investors
Biopharmaceutical developer of tumor-selective PARP inhibitor cancer therapies, acquired by Sanofi-aventis in 2009.
Also known as BiPar · BiPar Sciences, Inc.
Investors · 10
Also in the syndicate · 3
Company profile
researched Aug 2026BiPar Sciences, Inc. is a biopharmaceutical company that develops tumor-selective therapies for cancer patients, working in the field of DNA repair through inhibition of PARP (poly ADP-ribose polymerase), an enzyme involved in cell repair that is upregulated in certain tumors. Its lead candidate, BSI-201 (iniparib), was studied in metastatic triple negative breast cancer (TNBC), ovarian cancer and other malignancies; at the time of the 2009 acquisition announcement it was in Phase 2 trials, and by December 2009 it was described as the furthest advanced of the emerging class of PARP-inhibitor compounds in Phase 3 development in metastatic TNBC. Later analysis of data generated by BiPar/Sanofi concluded that iniparib does not possess characteristics typical of the PARP inhibitor class; it was subsequently characterized as a novel investigational anti-cancer agent that induces gamma-H2AX in tumor cell lines, induces G2/M cell cycle arrest and potentiates the cell cycle effects of DNA-damaging modalities.
Beyond BSI-201, the company had two additional compounds in preclinical development: BSI-401, a follow-on PARP inhibitor candidate investigated as an oral therapy for pancreatic cancer, and BSI-302, an anti-tubulin agent targeting cancer cells based on the role of thyroid hormones in cell proliferation and death. The company was founded in 2002 and headquartered in Brisbane, California, later described as located in South San Francisco, California.
Founding story
The company was co-founded by Thomas F. White, who served as its president and chief executive officer through at least early 2007 and later co-founded TriAct Therapeutics with a group from UCSF.
Traction
BSI-201 progressed from early-stage clinical testing in 2007 to Phase 2 trials in TNBC, ovarian cancer and other malignancies by 2009, and to Phase 3 development in metastatic TNBC by December 2009. In December 2008 at the CTRC-AACR San Antonio Breast Cancer Symposium, the company presented positive interim safety data from an ongoing Phase 2 trial of BSI-201 in combination with chemotherapy in metastatic TNBC, together with gene expression data confirming significant upregulation of PARP in tumors of the first 50 patients enrolled. A registered Phase 2 randomized trial of gemcitabine/carboplatin with or without BSI-201 in ER-, PR- and HER2-negative metastatic breast cancer (NCT00540358) began in October 2007 and was completed.
Latest developments
Following the Sanofi-aventis acquisition, BiPar continued as an independent, wholly-owned subsidiary with a new chief executive officer, Atul Dhir, appointed effective December 1, 2009, and a mandate to advance the BSI-201 clinical program and preserve the company's autonomous operating model within the parent group.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
Described in acquisition announcements as the leading company in the emerging field of DNA repair using PARP inhibitors, with BSI-201 the furthest along in clinical development in TNBC among industry PARP inhibitor candidates.
Technology
The company's approach is based on tumor-selective agents addressing DNA repair. PARP inhibition prevents cancer cells from repairing their own DNA, leading to cancer cell death, and PARP1 is upregulated in certain tumors. BSI-201 was described as highly potent against tumors, inhibiting PARP activity for prolonged periods and enhancing the effect of chemotherapy-induced DNA damage, with a safety profile based on studies of more than 200 patients. Company-affiliated research examined PARP1 gene expression across more than 8,000 primary malignant and normal human tissues and molecular pathway signatures of triple-negative breast cancer.
Go-to-market
Cancer patients, in particular those with metastatic triple negative breast cancer, ovarian cancer and pancreatic cancer, and the oncologists treating them.
Geography
Headquartered in California, United States — Brisbane, California at the time of the 2009 acquisition and described as South San Francisco, California later that year.
History
Founded in 2002 in California, BiPar Sciences raised a $35 million Series B financing in February 2007 led by Domain Associates to fund a Phase 2 program for BSI-201 and accelerate two additional pipeline candidates. Thomas F. White, a co-founder, served as president and chief executive officer at that time; Hoyoung Huh was president and CEO at the time of the 2009 acquisition. In April 2009 Sanofi-aventis signed a binding agreement to acquire the company, with a purchase price contingent on BSI-201 development milestones up to a maximum of $500 million and closing expected in the second quarter of 2009 subject to FTC clearance. In December 2009, as a wholly-owned subsidiary of sanofi-aventis, BiPar announced that Atul Dhir was appointed CEO effective December 1, 2009, while Hoyoung Huh moved to chairman of BiPar's board and chair of a newly formed BiPar Innovation Board, advising sanofi-aventis leadership on innovation, R&D transformation and entrepreneurship. Co-founder Tom White subsequently founded and led TriAct Therapeutics.
Risks & controversies
Analysis of data generated by BiPar/Sanofi led to the conclusion that iniparib (BSI-201) does not possess characteristics typical of the PARP inhibitor class, and its exact mechanism of action had not been fully elucidated; investigations into potential targets of iniparib and its metabolites were ongoing.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 3
launches, deals, and filingsAtul Dhir, M.D., Ph.D., previously a senior executive at US Oncology, was appointed CEO effective December 1, 2009. Hoyoung Huh, M.D., Ph.D., former CEO and president, became chairman of BiPar's board and chair of the newly formed BiPar Innovation Board, advising sanofi-aventis leadership.
Purchase price dependent on achievement of milestone payments related to BSI-201 development, up to a maximum of $500 million. Closing expected in the second quarter of 2009, subject to FTC clearance.
$500M source ↗
The round was intended to fully fund the Phase 2 program for lead candidate BSI-201 and accelerate development of two additional drug candidates. Jesse Treu of Domain Associates and Wende Hutton of Canaan Partners joined the board of directors.
$35M source ↗
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
▸Research sources · 8
primary sources listed
- New Executive Leadership and CEO Announced for BiPar Sciences - Dec 11, 2009news.sanofi.us · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does BiPar Sciences do?
- Biopharmaceutical developer of tumor-selective PARP inhibitor cancer therapies, acquired by Sanofi-aventis in 2009.
- Who are BiPar Sciences's investors?
- BiPar Sciences's investors include Aisling Capital, Asset Management Company, Canaan Partners, Kleiner Perkins, SPRINGROCK VENTURES, VantagePoint Capital Partners, Domain Associates.