OD

Olga Danilchanka

Partner at Merck

Cambridge, Massachusetts

Overview 

Olga Danilchanka is a Biotech Investor at MRL Ventures Fund at Merck in Cambridge, Massachusetts, with a background in Molecular Cloning and Microbiology. She has held key roles at Merck, including Partner and Principal, and has served on the boards of multiple biotech companies. Danilchanka's career highlights include her leadership at Merck Ventures Fund and her contributions to the growth and success of various biotech companies through her investment expertise and scientific background.

Work Experience 

  • Partner, MRL Ventures Fund

    2024 - Current

  • Principal, MRL Ventures Fund

    2021 - 2024

    Led investment in EyeBio, supported investment in VectorY

  • Senior Associate, MRL Ventures Fund

    2018 - 2021

    • Supported investments in Adagio Therapeutics, Ambagon Therapeutics, HotSpot Therapeutics, Lava Therapeutics, PAQ Therapeutics and Therini Bio

  • Principal Scientist, Exploratory Science Center (ESC)

    2016 - 2018

    • Founding member of ESC, member of ESC leadership team. • Conceived and implemented R&D strategy for the microbiome discovery at Merck spanning infectious diseases and immuno-oncology indications.

Merck is a biopharmaceutical company that offers medicines and vaccines for various diseases.

Raised $5,586,000.00 from Private Capital Advisors.

  • Board Director

    2021

  • Board Observer

    2021 - 2021

    Therini is a vascular biology company focused on discovering and developing therapeutics targeting fibrin, a new biological target for neurological and peripheral diseases.

  • Board Observer

    2021

    PAQ is developing degrades for high priority oncology targets.

PAQ Therapeutics is a biotechnology company pioneering a new approach to restoring health and curing disease through autophagy.

Raised $30,000,000.00 from Huagai Capital, Nest.Bio Ventures, MRL Ventures Fund, Sherpa Healthcare Partners, Matrix Partners China and MSA Capital.

  • Board Observer

    2020

    Ambagon is developing first-in-class drugs through targeted stabilization of protein complexes.

AmbAgon Therapeutics is a developer of cancer molecule therapeutics.

Raised $147,999,996.00 from Mission BioCapital, RA Capital Management, Surveyor Capital, MRL Ventures Fund, Inkef, Droia Ventures, AbbVie and Nextech Invest.

  • Board Observer

    2022 - 2024

    Merck and Co acquired EyeBio for a $1.3 billion upfront payment and up to $1.7 billion in future milestone payments for a potential value of $3 billion. EyeBio is building a broad and diverse pipeline of advanced therapies for eye diseases.

Eyebiotech is an ophthalmology biotechnology company that specializes in therapies for eye diseases.

Raised $130,000,000.00 from Vertex Ventures HC, Jeito Capital, Omega Funds, MRL Ventures Fund, SV Health Investors, Samsara BioCapital, Bain Capital Life Sciences, SV Health Investors, MRL Ventures Fund and Samsara BioCapital.

  • Board Observer

    2021 - 2023

    Acquired by Merck & Co for a total of up to $610MM. Caraway Therapeutics is developing small molecule therapeutics that activate the lysosome, the cell’s recycling center, to clear toxic materials and defective cellular components for the treatment of debilitating neurodegenerative and rare diseases diseases.

Rheostat Therapeutics is a bio therapeutics company.

Raised $23,000,000.00 from Michael J. Fox Foundation.

  • Senior Scientist

    2015 - 2016

    • As the first employee of Epiva Biosciences (merged with Evelo in 2016) intimately involved with operations and initial formulation of the strategic approach behind EDP1815, now in P2.

Evelo Biosciences is a biotechnology company that develops oral biologics for small intestinal axis with systemic therapeutic effects.

Raised $397,000,003.00 from Horizon Technology Finance and K2 HealthVentures.

  • Postdoctoral Fellow

    2012 - 2015

    • Co-authored seven articles including publications in Nature, Cell, Science Translational Medicine. • Awarded an NIH Ruth L Kirschstein National Research Service Award Individual Postdoctoral Fellowship (F32).

  • Postdoctoral Fellow

    2010 - 2012

    • Co-authored five articles including several publications in PNAS. • Awarded a Senior Research Training Fellowship from the American Lung Association. • Co-authored an issued patent (PCT/US2012/053091).

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