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Richard Gaster

Managing Partner at venBio Partners

San Francisco, California

Overview 

Richard Gaster is currently the Managing Partner at venBio Partners in San Francisco, California, where he has overseen investments in a variety of companies in the life sciences sector such as Alumis, Attralus, and Elevation Oncology. With a background in biomedical engineering and molecular biology, Richard has served on the boards of multiple biotech companies like 35Pharma and Arrakis Therapeutics, showcasing his expertise in the pharmaceutical and digital health industries.

Work Experience 

  • Managing Partner

    2017 - Current

    venBio is a life sciences venture capital firm that partners with industry leaders to build game-changing medicines and technologies, with a focus on novel therapeutics for unmet medical needs.

VenBio is a life sciences investment firm that partners with industry leaders to build medicines and technologies.

  • Board Member

    2022

  • Board Member

    2021

Entact Bio is a biotechnology company that is in the preclinical stages of developing medications to improve protein function.

Raised $121,321,700.00 from Surveyor Capital, Arkin Bio Ventures, Janus Henderson Investors, Walter and Eliza Hall Institute of Medical Research, Brandon Capital, Abingworth, Qiming Venture Partners USA, venBio Partners, Logos Capital and 4BIO Capital.

  • Board Member

    2020

Attralus is a biopharmaceutical company focusing on creating transformative medicines to improve the lives of patients.

Raised $197,000,000.00 from venBio Partners, Sarissa Capital Management, Vivo Capital, Logos Capital, Surveyor Capital, Bristol-Myers Squibb, Alpha Wave Ventures, Sarissa Capital Management, venBio Partners and Logos Capital.

  • Board Member

    2019

Arrakis Therapeutics is a biopharmaceutical developing drugs for neurological disorders and other diseases.

Raised $113,000,000.00 from WuXi AppTec, venBio Partners, OUP (Osage University Partners), Alexandria Venture Investments, Henri Termeer, Omega Funds, Advent Life Sciences, Nextech Invest, Canaan Partners and Celgene.

  • Board Observer

    2019

  • Board Member

    2021 - 2023

    IPO in May 2023 (NASDAQ: SLRN)

ACELYRIN is a biopharma company that identifies, acquires, and accelerates the development and commercialization of life-changing therapies.

Raised $558,000,000.00 from Westlake Village BioPartners, Cowen Healthcare Investments, OrbiMed, Samsara BioCapital, Decheng Capital, Matrix Capital Management, venBio Partners, Marshall Wace, Access Biotechnology and Tybourne Capital Management.

  • Board Member

    2021 - 2023

    IPO in October 2021 (NASDAQ: VTYX)

Ventyx is a biopharmaceutical company focused on advancing oral therapies for patients living with autoimmune and inflammatory disorders.

Raised $468,600,000.00 from Sanofi, Redmile Group, Surveyor Capital, Farallon Capital Management, Cormorant Asset Management, EcoR1 Capital, CaaS Capital Management, Acuta Capital Partners, Boxer Capital and Redmile Group.

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