Michael Nally
Also known as Mike Nally, Michael T. Nally
Mike Nally is chief executive of Generate:Biomedicines, a machine learning protein therapy company. He joined Flagship Pioneering as CEO-Partner in 2021 after nearly 18 years at Merck, where he most recently served as executive vice president and chief marketing officer of its Human Health division. Generate raised a $370 million Series B in 2021 and a $273 million Series C in 2023. The company announced a multi-target collaboration with Novartis in 2024 and completed its IPO in 2026, raising about $400 million.
- Now at
- Generate:Biomedicines
Timeline
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2003–2021
Nearly 18 years at Merck
He joins Merck in 2003 and spends nearly 18 years there, most recently as executive vice president and chief marketing officer of its Human Health division.
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March 2021
Joining Flagship as CEO-Partner
Flagship Pioneering names him CEO-Partner in March 2021. He also takes over as CEO of Generate Biomedicines, a machine learning protein therapy company.
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November 2021
A $370 million Series B
Generate Biomedicines announces a $370 million Series B round for protein-based drugs in November 2021.
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January 2022
A research deal with Amgen
Amgen and Generate Biomedicines announce a research collaboration to discover and create protein therapeutics for five clinical targets in January 2022.
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September 2023
A $273 million Series C
The company announces the close of a $273 million Series C in September 2023 to advance its generative AI pipeline.
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September 2024
A Novartis collaboration
Novartis and Generate Biomedicines announce a multi-target collaboration to discover and develop protein therapeutics with generative AI in September 2024.
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2026
An IPO raising about $400 million
Generate completes its IPO in 2026, raising approximately $400 million to advance its platform and pipeline.
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Since 2021
Chief executive since 2021
He is chief executive of Generate:Biomedicines, a role he has held since 2021.
Sources and credits
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- Merck’s President of Global Human Health Adam H. Schechter to Leave Merck Frank Clyburn Named Chief Commercial Officer and Michael Nally Named Chief Marketing Officer
- Michael Nally | Flagship Pioneering
- Flagship Pioneering Expands Leadership Team with Appointment of Michael T. Nally as CEO-Partner
- Former Merck Exec Joins Flagship to Helm AI Startup Generate Biomedicines
- Generate Biomedicines raises $370M Series B with a focus on protein-based drugs
- Amgen and Generate Biomedicines Announce Multi-Target, Multi-Modality Research Collaboration Agreement
- Generate:Biomedicines Announces Close of $273M Series C Financing to Advance Its Generative AI Pipeline of Preclinical and Clinical Protein Therapeutics
- Generate:Biomedicines Announces Multi-Target Collaboration with Novartis to Discover and Develop Protein Therapeutics with Generative AI
- AI firm Generate signs $1bn discovery deal with Novartis
- Leadership Team - Generate:Biomedicines