Osman Kibar
Overview
- Source of Wealth
- Biotech
- Industry
- Healthcare
- Residence
- La Jolla, California
- Organization
- Founder, CEO at Samumed
- Education
- California Institute of Technology (Bachelor of Arts/Science)Pomona College (Bachelor of Arts/Science)University of California, San Diego (Master of Science)University of California, San Diego (Ph.D)
- Marital Status
- Married
- Children
- 4
Biography
Osman Kibar is the founder and CEO of San Diego-based biotech firm Samumed.
Samumed raised $438 million in August 2018 to further its work developing drugs to reverse aging, claiming a valuation of $12.4 billion.
The names of investors in the round were not disclosed.
While getting a Ph.D. from the University of California, San Diego, he founded two companies, but did not have a management role at either.
He then founded Samumed in 2008 in a Pfizer incubator, but had a falling out with the drug giant; Samumed now operates independent of Pfizer.
About
Kibar was born in Izmir, Turkey, on the Aegean Coast and met most of his fellow Samumed executives at boarding school in Istanbul.
In 2006 Kibar won the first poker tournament he ever played in, and a year later came in second out of 3,000 players at a World Series of Poker tournament.