Ted Myles Joins Cellarity as Chief Executive Officer
Company - People | May 12, 2025 | Flagship Pioneering Inc
Cellarity, a pioneering biotech firm, and its founding investor, Flagship Pioneering, have announced the appointment of Ted Myles as the company's new Chief Executive Officer. Myles, a seasoned veteran in the biopharmaceutical industry, brings a wealth of experience that includes leading Scholar Rock through a successful Phase 3 study and raising over $1 billion for its strategic initiatives. At Cellarity, Myles will guide the company's efforts as it approaches crucial clinical milestones with its novel AI/ML-enabled platform that aims to develop first-in-class drugs by uncovering new biological pathways. The company is actively advancing its small molecule programs, including a lead candidate for sickle cell disease, and expanding into new disease areas. As CEO, Myles will play a central role in steering Cellarity's innovative trajectory and strengthening its collaborations within the Flagship ecosystem.
Sectors
- Biotechnology
- Pharmaceutical
Geography
- United States – Both Cellarity and Flagship Pioneering are based in Cambridge, Massachusetts, making the US a key location for their operations and influence.
Industry
- Biotechnology – Cellarity operates in the biotechnology sector, focusing on innovative drug discovery using advanced technology platforms like AI and ML to address complex diseases.
- Pharmaceutical – The article emphasizes Cellarity's role in developing new medicines and drug discovery, which places it firmly in the pharmaceutical industry.
Financials
- > $1 billion – Amount raised by Ted Myles for Scholar Rock's product and pipeline strategy during his tenure.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Ted Myles | Chief Executive Officer | People | Myles is an experienced biopharma leader appointed as CEO of Cellarity and CEO-Partner at Flagship Pioneering. |
| Cellarity | Target Company | Company | A life sciences company utilizing AI-driven platforms for drug discovery. |
| Flagship Pioneering | Private Equity Firm | Company | A bioplatform innovation company and founding investor of Cellarity. |
| Scholar Rock | Previous Company of Ted Myles | Company | A company where Ted Myles previously served as CFO and COO. |
| Stephen Berenson | Chairman of the Board | People | Chairman of Cellarity's Board and Managing Partner Emeritus of Flagship Pioneering. |
| Noubar Afeyan | Co-founder and CEO | People | Co-founder of Cellarity and CEO of Flagship Pioneering. |