AvenCell Therapeutics is a clinical-stage cell therapy company building switchable, universal CAR-T treatments that can be turned 'off' and 'on' even after they are inside a patient. By pairing this controllable switch with a CRISPR-engineered, off-the-shelf allogeneic platform, AvenCell aims to widen the narrow safety window of conventional CAR-T while cutting the cost and wait time of manufacturing, targeting hard-to-treat blood cancers like AML, B-cell malignancies and, increasingly, autoimmune disease.
Andrew Schiermeier is the President and CEO of AvenCell Therapeutics, a clinical-stage biotech in Cambridge, Massachusetts and Dresden, Germany building switchable, universal CAR-T cell therapies for hard-to-treat cancers like acute myeloid leukemia. An engineer-turned-operator with a Harvard PhD in applied mathematics, he spent two decades across startups and global pharma - five years at CRISPR pioneer Intellia Therapeutics rising to COO, and a stint running Merck KGaA's oncology business across 60-plus countries - before taking AvenCell's helm in 2021 and leading its $112 million Series B in 2024.