Asset Manager

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LifeArc

Stéphane Maikovsky runs LifeArc, the UK medical charity that monetized Keytruda’s antibody patents and now self-funds early-stage life sciences...

LifeArc logo

LifeArc

LifeArc, established in 2000, is a subsidiary of the Medical Research Council. It focuses on funding medical research.

General information

Firm type

Generalist

Year founded

2000

AUM

Undisclosed

Location

Region

Europe

Country

United Kingdom

City

London

Corporate office

London, United Kingdom

Principals

Stéphane Maikovsky

Chief Executive Officer

Sector focus

Digital HealthHealthcare ServicesAI/ML

Frequently asked questions

How is LifeArc funded, and does it raise external capital?

LifeArc is self-funded through royalty streams generated by its legacy patent portfolio, most notably the antibody humanization technology used in Keytruda. It does not solicit external limited partners or manage commingled funds. Its commercial returns are recycled into new translational research grants and equity investments.

What is LifeArc's relationship to the UK Medical Research Council?

LifeArc originated as MRC Technology, a private company established by the UK Medical Research Council in 2000 to commercialize publicly funded discoveries. It changed its name to LifeArc in 2017 and operates today as an independent medical research charity with no ongoing governance link to the MRC.

Does LifeArc take equity in portfolio companies?

Yes. LifeArc Ventures, the charity's venture investment arm, takes direct equity in seed and Series A-stage therapeutics and health-tech companies. Additionally, LifeArc's drug discovery collaborations typically include milestone and royalty-sharing structures that give it ongoing participation in asset value.

What stage of life sciences R&D does LifeArc typically fund?

LifeArc focuses on the translational gap between academic bench research and investable clinical assets. It funds projects through lead optimization, preclinical validation, and early clinical readiness, a stage often viewed as too early for institutional venture capital and too applied for public research grants.

Which therapeutic areas does LifeArc prioritize?

LifeArc has publicly committed funding to neurodegeneration, rare respiratory diseases, infectious disease diagnostics, and global health. It launched dedicated programs for motor neuron disease and bronchiectasis in recent years, and also maintains a broader pipeline in oncology and inflammatory disease through its legacy royalty interests.

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