Illumina and Deerfield link arms to drive 'genomics-first' drug discovery
After years of partnering with the pharma industry, Illumina is now making its own foray into drug discovery. The DNA sequencing company is entering a 5-year collaboration with Deerfield Management to use its genomic tools and AI-driven platform to identify new therapeutic targets and bend the curve on high failure rates.
The inklings of the partnership began in 2020 when Illumina bought BlueBee, a cloud computing company which was also in contract with Deerfield at the time, Matt Nelson, VP of genetics and genomics at Deerfield Discovery and Development, told Endpoints News.
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