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Flagship's Generate:Biomedicines files for IPO, pitching AI-driven drugs

Just nine days after dosing the first patient in a Phase 3 trial, Generate:Biomedicines has filed for an IPO.

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Just nine days after dosing the first patient in a Phase 3 trial, Generate:Biomedicines has filed for an IPO.

The Flagship Pioneering-backed startup has become a richly-funded leader of AI bio since its founding in 2018. The company has brought in $934 million, signed pharma partnerships with Amgen and Novartis, and is the first AI-focused biotech to enter Phase 3 with its lead drug program.

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