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Sanofi Inks Another AI Alliance, This Time Partnering With Insilico Medicine

Sanofi will use Insilico Medicine’s tech to advance drug development candidates up to six new targets. Disease indications were not disclosed, but the pharmaceutical giant said the new agreement will boost its drug discovery research in China. ....

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Versant-founded biotech Nested hatches with $90M and new take on cancer drugs

Nested Therapeutics uses computational techniques to map mutations and protein structures, identifying previously unseen places where a cancer drug can bind. The Versant Ventures-founded startup is now out of stealth with two programs on the path to the clinic. ....

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Biotech startup with AlphaGo-type AI approach snags $30M

The CEO of Anagenex believes that the company's AI engine trained on billions of data points and iterative testing will blow other AI drug discovery startups out of the water. ....

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GSK joins LifeMine's $175M funding as partners revive fungi as a drug discovery frontier

LifeMine Therapeutics, a company that analyzes fungal genomes to find molecules that have potential as new medicines, has raised $175 million in financing. Among the investors is GlaxoSmithKline, which is teaming up with the biotech startup in a multi-target drug discovery alliance. ....

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WuXi AppTec, Warburg Pincus backed AI drug firm Insilico hopes to boost Hong Kong drug discovery sector

Insilico Medicine, a Hong Kong-based artificial intelligence (AI) biotechnology company, hopes to add momentum to the city’s health technology industry with the development of its AI-discovered drug. ....

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