Margo Georgiadis, CEO of Montai Health and Flagship CEO-partner (Mark Kauzlarich/Bloomberg via Getty Images)

Flag­ship plants next bet on chron­ic dis­eases with ex-An­ces­try CEO at the helm

Af­ter run­ning Google’s Amer­i­c­as di­vi­sion, steer­ing the ship at toy­mak­er Mat­tel and sell­ing An­ces­try.com for $5 bil­lion, Mar­go Geor­giadis is now lead­ing the lat­est bet by Flag­ship Pi­o­neer­ing, which de­buted Tues­day with $50 mil­lion.

Mon­tai Health broke stealth af­ter three years in the works at Noubar Afeyan’s biotech in­cu­ba­tor, which has spawned the likes of Mod­er­na and a long list of oth­er drug de­vel­op­ers and agri­cul­tur­al tech star­tups. That now in­cludes a hunt for new chron­ic dis­ease treat­ments based on mol­e­cules al­ready con­sumed by hu­mans via foods, sup­ple­ments and herbal med­i­cines.

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