Flagship Ventures Tempts Former Merck CMO With 'Creative' Mentoring Role

Flagship Ventures has recruited former Merck Chief Medical Officer Michael Rosenblatt as its CMO to mentor biopharma startups in the venture firm's portfolio – a hire that appears to be the first of its kind.

When Merck & Co. Inc.'s former Chief Medical Officer Michael Rosenblatt retired earlier this year, he had no shortage of opportunities to go back to work, which is what he'll do in September as the CMO at Flagship Ventures – a newly created position in which Rosenblatt will mentor the venture capital firm's portfolio companies.

"Flagship proposed something creative and compelling," Rosenblatt said in an interview, noting that this may be the first time a...

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