Wednesday, November 09, 2022

French Sanofi signs latest billion-dollar AI drug discovery deal with Hong Kong based Insilico Medicine

Good news! AI is taking the pharmaceutical industry by storm! I am sure there is more to come!

"In an era when biopharma research in drug R&D continues to be costly and slow, and artificial intelligence (AI)-based drug discovery platforms are rapidly growing, Paris-based pharmaceutical leader Sanofi announced its latest massive AI drug discovery deal, this time with startup Insilico Medicine, worth up to $1.2 billion

The research collaboration comes on the heels of several other high-value AI drug discovery partnership announcements from Sanofi, including with Atomwise in August; a partnership expansion with Exscientia last January; and an equity investment in Owkin a year ago. ..."

Sanofi signs latest billion-dollar AI drug discovery deal | VentureBeat

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