BREAKING   Larkspur dosed first patient in LRK-4189 Phase 1 — Dec 2025 PROFILE   The scientist who helped describe TIM-3 now runs the company FUNDING   $35.5M seed + Series A — Polaris, Takeda, 3E Bioventures FACT   The antibody is called sabatolimab. Her name is Sabatos. TEAM   Larkspur runs with an all-female executive bench BREAKING   Larkspur dosed first patient in LRK-4189 Phase 1 — Dec 2025 PROFILE   The scientist who helped describe TIM-3 now runs the company FUNDING   $35.5M seed + Series A — Polaris, Takeda, 3E Bioventures FACT   The antibody is called sabatolimab. Her name is Sabatos. TEAM   Larkspur runs with an all-female executive bench
Cambridge · Biotech · Oncology

Catherine
Sabatos-Peyton

CHIEF EXECUTIVE OFFICER // LARKSPUR BIOSCIENCES

She helped describe a protein in a Harvard lab. Two decades later it is a class of cancer drugs - and one of them carries an echo of her own name.

Catherine Sabatos-Peyton, CEO of Larkspur Biosciences
She put her science on the bench, then on the books. Catherine Sabatos-Peyton, Cambridge MA.
The Dispatch

She hunts cancer where it hides - inside the tumor.

Catherine Sabatos-Peyton runs Larkspur Biosciences, a Cambridge company built around a contrarian idea: stop chasing cancer at the surface and go after the genes that keep tumors alive. Most immunotherapy works by waking up the immune system from the outside. Larkspur designs small molecules that take away the tumor's hiding spots from the inside. The lead drug, LRK-4189, is a first-in-class degrader of a protein called PIP4K2C. In December 2025 it went into its first human being.

That moment was a long time coming. As a PhD student at Harvard, Sabatos-Peyton was part of the team that first described TIM-3 - a protein that is now a household name in cancer immunology and a regulator of leukemic stem cells in acute myeloid leukemia and myelodysplastic syndrome. She did not stop at describing it. She spent the next two decades turning that early discovery into a clinical reality.

At the biotech CoStim, she led the discovery of the first-in-class anti-TIM-3 antibody. Its name is sabatolimab. Read it slowly: the molecule carries the first half of her surname. It is a rare thing for a scientist to see their own work labeled with a fragment of their name and then walk it from a petri dish into Phase 2 and Phase 3 trials. She did both.

Then, in 2021, she did the harder thing. She left the world's biggest pharmaceutical research engine - the Novartis Institutes for BioMedical Research, where she had spent seven years and ran the Immune Modulation group - and took the CEO chair at a company that did not yet exist in the public eye. Larkspur launched in May 2023 with $35.5 million in seed and Series A money and a founding bench most CEOs would envy.

The founders read like a syllabus of modern cancer biology: Lewis Cantley, who discovered the PI3K signaling pathway; Nathanael Gray, a master of targeted small molecules; and Vijay Kuchroo, an immunologist whose lab has shaped how the field thinks about T cells. Sabatos-Peyton's job was to turn three brilliant ideas into one company with a clinic-bound drug. By late 2025, she had.

She leads with an all-female executive team - a chief scientific officer who spent twenty years running medicinal chemistry at GSK, and an EVP of biology pulled from the same world of translational immunology. In a sector where the corner office still skews heavily male, Larkspur is quietly an outlier, and Sabatos-Peyton does not make a speech about it. The work speaks.

Her own training was unusually wide before it became deep. She started at Fordham with a biology degree, then won a Fulbright to Oxford to study how the immune system turns on the body in autoimmune disease. Only after that did she land at Harvard for a PhD in immunology, with postdoctoral and research fellowships at UCSF and the University of Bristol stitched in along the way. By the time she joined industry, she had seen the immune system from the angle of disease, of basic biology, and of two different national research cultures.

That breadth is the through-line of how she talks about cancer. She does not pitch a single magic bullet. In interviews going back to her Novartis years, she has been consistent that the future of the field belongs to combinations - antibody with antibody, targeted therapy with immunotherapy, antibodies paired with CAR T cells or vaccines. The point, she argues, is durability: getting responses that last, in patients who have run out of options. Larkspur is her attempt to add a new tool to that combination toolbox, one that works on the tumor from the inside rather than the immune system from the outside.

The wider field has taken note. In 2024 she was named a Fellow of the Termeer Institute, the Cambridge organization built to support first-time biotech CEOs and named for the late industry figure Henri Termeer. It is a recognition reserved for leaders making the same leap she did: from running science to running a company. The distinction is not cosmetic. Translating deep expertise in a single protein into the messy, capital-hungry, people-heavy work of building a company is where most scientist-founders stumble. Sabatos-Peyton spent two decades earning the credibility, and then spent it deliberately.

What she has not done is stray from the problem she has chased since graduate school. The names change - TIM-3, sabatolimab, PIP4K2C, LRK-4189 - but the question underneath is the same one she helped open in a Harvard lab: how does cancer dodge the immune system, and what would it take to stop it? Most careers wander. Hers reads like a single, stubborn sentence that took twenty-some years to finish.

$35.5M
Seed + Series A
7
Years at Novartis
~20
Years TIM-3 to clinic
2025
First patient dosed
"Larkspur was founded to outsmart these bottlenecks."Catherine Sabatos-Peyton
The Arc

From an Oxford fellowship to a Cambridge clinic.

1992 - 1996
B.S. in Biology at Fordham University.
1996 - 1997
Fulbright Fellow at Oxford, studying the immune system's role in autoimmune disease.
1997 - 2004
PhD in Immunology at Harvard; joins the team that first describes TIM-3.
2000s
Research fellowships at UCSF and the University of Bristol.
2010s
Directs immunology at CoStim; leads discovery of anti-TIM-3 antibody sabatolimab.
2014 - 2021
Head of Immune Modulation at Novartis; advances sabatolimab to Phase 2/3 in AML and MDS.
2021
Becomes CEO of Larkspur Biosciences.
May 2023
Larkspur launches publicly with $35.5M in financing.
2024
Named a Termeer Institute Fellow.
Dec 2025
First patient dosed in Phase 1 of LRK-4189.
The Science, Plainly

What Larkspur is actually doing.

Tumors are good at one thing above all: not getting noticed. They throw up biological barriers that quiet the immune response before it can land a punch. Larkspur's platform, LarkX, reads a patient's genetics and immune profile to find exactly which barrier a given cancer is using, then designs a small molecule to knock it down from the inside.

The lead program goes after PIP4K2C with a protein degrader - a drug that does not just block a target but tags it for destruction. The first indication is microsatellite-stable colorectal cancer, a setting where today's immunotherapies mostly fail. A second approach targets Pin1. The thesis throughout: cancer cell fitness genes keep tumors alive, and taking them away makes the tumor vulnerable to the immune system it was trying to dodge.

It is worth pausing on why this is hard. Microsatellite-stable colorectal cancer is famously cold to immunotherapy - the checkpoint inhibitors that transformed melanoma and lung cancer largely bounce off it. Larkspur's bet is that the reason these tumors stay invisible is mechanical, written into specific genes, and that a drug can flip the switch. If LRK-4189 works, it would not just be a new molecule; it would be a proof that you can make a cold tumor hot from the inside. That is the upside Sabatos-Peyton is underwriting, and it is why the first dose in December 2025 mattered well beyond the company.

TIM-3 / immune checkpointsfounder DNA
PIP4K2C degrader (LRK-4189)in clinic
Pin1 modulationdiscovery
LarkX patient-selection platformactive
On The Record

Six things she has actually done.

01

Helped describe TIM-3

Part of the Harvard team that first characterized a protein now central to cancer immunology and AML/MDS biology.

02

Discovered sabatolimab

Led discovery of the first-in-class anti-TIM-3 antibody - a molecule that carries an echo of her own name.

03

Took it to Phase 2/3

Advanced sabatolimab into late-stage trials in acute myeloid leukemia and myelodysplastic syndrome at Novartis.

04

Built a team at NIBR

Spent seven years leading Immune Modulation across both biologics and small molecules.

05

Launched a company

Took Larkspur from formation to a public launch with $35.5M and a marquee founding team.

06

Got a drug into humans

Guided LRK-4189 from concept to first-in-human dosing by December 2025.

The Network

Who built the bench behind her.

Lewis Cantley, PhD
Co-founder. Discovered the PI3K signaling pathway - foundational to modern cancer biology.
Nathanael Gray, PhD
Co-founder. A leading designer of targeted small-molecule therapeutics.
Vijay K. Kuchroo, DVM, PhD
Co-founder. Immunologist whose work shaped how the field understands T cells.
Krista Goodman, PhD
CSO. Twenty years at GSK as Global Head of Flexible Medicinal Chemistry.
Emily Corse, PhD
EVP, Biology & Translation. Built on a career in translational immunology.
Polaris & Takeda Ventures
Lead investors, alongside 3E Bioventures, Creacion, Med-Fine and Cornell University.
In Her Words

The way she sees the field.

Tumors create multiple barriers that can suppress a robust immune response. Larkspur was founded to outsmart these bottlenecks.

Developing small molecule therapies to target immune evasion where it starts - inside the cancer.

We are still really only at the beginning of this field, with novel therapeutics and combinations poised to move us into the next wave of immunotherapy.

Combinations - antibody-antibody; targeted therapies and immunotherapy; antibody and CAR T cells; antibody and vaccines - can improve patient responses and durability.

The Margins

Footnotes worth keeping.

A

She helped describe TIM-3 as a graduate student, then spent roughly twenty years turning it into a clinical drug class.

B

The antibody she helped discover, sabatolimab, sounds a great deal like her surname. Read it again.

C

Before Harvard, she was a Fulbright Fellow at Oxford studying autoimmunity.

D

Her company is named for a flower. The flower hunts cancer at the level of the gene.

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Sources: larkspur.bio, Termeer Institute, Pharmaceutical Technology, BiotechTV, BioSpace, Crunchbase. Facts drawn from public records and company materials.