1. UBiome's Independent Directors are Ditching the Healthcare Startup Following an FBI Raid

    UBiome's Independent Directors are Ditching the Healthcare Startup Following an FBI Raid
    • Microbiome-testing company uBiome's board now only has one independent director, following a raid of the company by the FBI in April.
    • In a letter to investors sent Tuesday, a special committee of uBiome's board of directors said that two board members, UCSF professor Joe DeRisi and early founder Witt Wisebram, have resigned...
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    1. At this critical time, Ms Scotti, through the Special Committee, and with the support of her partners at 8VC is fully committed to acting in the best interests of all uBiome's stakeholders, even if she must do so alone.
    2. Mr. Jimenez left the board of uBiome in April 2019 to devote his attention to building a biotech venture fund.
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