# Split and Conquer: Anaptys Bets on Sum of Parts - Date: 2026-03-27 - Category: Biotech & Life Sciences AnaptysBio is splitting itself in two — and betting that Wall Street will value each half more than the sum of the whole. The San Diego biotech announced Thursday that its board has approved a spin-off of First Tracks Biotherapeutics, a clinical-stage immunology company that will begin regular-w... ---