EQRx links arms with Insilico on that two-letter buzzword (AI); Despite miss in previously treated patients, Ribomic pushing eye drug forward
Another deal has been inked in the artificial intelligence-based drug discovery landscape, and it’s one featuring a key player touting the two-letter buzzword frequently, teaming up with one of those biotechs claiming to be part of the next wave of developers of lower-cost drugs.
Insilico Medicine and EQRx will collaborate on up to three targets on de novo small molecule design. Deal terms were kept under the hood. The companies will use Insilico’s AI tools in the preclinical stages, and EQRx will handle clinical development. The AI player can invest at various points along the clinical stages, if Insilico so chooses, in return for more commercialization profits.
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