Sanofi, Formation Bio, OpenAI Partner on AI-Powered Drug Discovery
Sanofi, Formation Bio, , and OpenAI join forces to leverage AI to accelerate drug development and bring new medicines to patients faster.
Source: hitconsultant.net
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AI In Health Care: Powering Patient Outcomes - Healthcare
With the Health Care & Life Sciences sector under pressure to improve patient outcomes while controlling costs, artificial intelligence and machine learning are quickly becoming indispensable tools.
Source: mondaq.com
Canadian Financing: PharmAla Biotech Offers Non-Brokered Private Placement Up To $3.76M - Pharmala Biotech Hldgs (OTC:PMBHF)
MDXX-class molecules biotech company PharmAla Biotech Holdings Inc. (OTCMKTS: PMBHF) has announced a non-brokered private placement of a minimum of 3.3 million units and a maximum of 16.6 million of its units at a price of $0.22 (CA$0.30) each, corresponding to aggregate gross proceeds of minimum $752,300 (CA$1 million,) and maximum $3.76 (CA$5 million.)
Source: benzinga.com
Follow the Money: AI-Powered Drug Discovery, Remote Access Labs
July 1, 2021 July 1, 2021 | Insilico Medicine closes a Series C for AI-powered drug discovery, while other investments fuel remote access labs, natural products, high throughput screening, and more. $550M: VC Fund for Therapeutics for Unmet Needs venBio has announced the closing of venBio Global Strategic Fund IV, LP (“venBio Fund IV”), its fourth life sciences venture capital fund, exceeding its target and closing on approximately $550 million in capital commitments in an oversubscribed fundraise. The capital was raised from existing and new investors, including a broad rang...
Source: bio-itworld.com