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Life Science Industry Veteran Stephane Bancel Joins Flagship Ventures
Date:5/22/2013

now at BG Medicine and Moderna, I look forward to seeing his commercial mindset and strategic insights applied more broadly to Flagship's investment strategy as well as to the growth and success of our portfolio companies." 

Mr. Bancel said "What attracted me to Flagship Ventures was the team's depth of experience and knowledge in the life sciences industry, as well as the firm's unique philosophy and approach to realizing entrepreneurial innovation." He continued, "I look forward to building on Flagship's growing reputation as one of the preeminent innovators in the life sciences ecosystem."

Prior to joining Flagship, Mr. Bancel served as Chief Executive Officer of bioMerieux (NYSE Euronext: BIM.PA), a world leader in the diagnostics industry. During his five years leading the company, he accelerated the sales growth rate, enhanced its position as a global leader in clinical microbiology and re-accelerated its immunoassay franchise by focusing on high medical value biomarkers. Under his leadership, the company's market capitalization nearly doubled despite the broader economic downturn.

Previously, Mr. Bancel was Managing Director of Eli Lilly in Belgium and Executive Director of Global Manufacturing Strategy and Supply Chain at Eli Lilly in Indianapolis. He earned a Master of Engineering from Ecole Centrale Paris, a Master of Science in Chemical Engineering from the University of Minnesota and an MBA from Harvard Business School. In 2009, Mr. Bancel was elected a Young Global Leader by the World Economic Forum. He was elected Best CEO for Investor Relations in France in 2009 and was ranked #1 CEO in the Biotechnology sector according to the 2011 Thomson Reuters Pan European EXTEL Study.

About Flagship Ventures
Realizing entrepreneurial innovation is the mission of Flagship Ventures. The firm operates through two synergistic units: VentureLabs™
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