AstraZeneca partnered with insitro on a $1.5bn AI drug discovery deal. The collaboration targets liver and heart diseases using insitro’s Virtual Human platform. AstraZeneca will run future clinical trials from the partnership. Iambic Therapeutics raised $150m in a Nasdaq IPO at a $16 share price. Its lead drug IAM1363 is in phase 1 for HER2-positive cancers. DaltonTx received a Gates Foundation grant for AI-driven tuberculosis drug research. Danaher and NVIDIA are co-developing autonomous AI-powered labs for faster research. GSK upgraded its evaluation of Chai Discovery to a full partnership. Chai’s models generated zero-shot drug designs validated by GSK in wet-lab tests.
What it unlocks
Accelerated drug target discovery for cardiometabolic diseases using AI-powered platforms.
- $1.5bn total partnership value
- $40m upfront payment
- $150m IPO raise
- $800m+ Iambic valuation
Sources