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Biotech firm Roivant Sciences to go public via $7.3 billion SPAC deal reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Firma de biotecnología Roivant Sciences saldrá a bolsa mediante acuerdo por US$ 7,300 millones gestion.pe - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gestion.pe Daily Mail and Mail on Sunday newspapers.
By Reuters Staff 1 Min Read (Reuters) - Roivant Sciences said on Friday it will buy drug developer Silicon Therapeutics for $450 million in an equity deal to strengthen its artificial intelligence capabilities for drug discovery. The acquisition of Silicon will bolster Roivant’s targeted protein degradation platform, which is currently powered by machine learning techniques, the company said. Roivant has multiple subsidiaries focused on developing treatments for multiple cancers, nervous system and immune system disorders, including Immovovant Inc and Sio Gene Therapies Inc. Its platform aims to design candidates harnessing the body’s natural mechanism to get rid of harmful, disease-causing proteins. ....