Scottish AI Biotech Recruits Another Pharma Partner in €37M Deal

After Sanofi recruited Exscientia in a €250M deal last May, GSK has taken an interest in the startup and invested in a collaboration of its own.

Artificial intelligence has been carving out a niche for itself in biotech, and Exscientia is fast establishing itself as a key player in the field. In May, the company signed a €250M drug discovery deal with Sanofi; now another pharma, GSK, has signed on as a partner in a separate collaboration to advance 10 projects spanning a range of indications. The milestones for Exscientia could total £33M (€37.6M) if all programs are deemed successes.

While applying computing power to drug discovery is nothing new, only a few companies have focused on it as their core technology. The biggest name in the European arena is BenevolentAI, whose CEO, Jackie Hunter, I recently interviewed about the company’s strategy. Despite its establishment as a leader with its recent purchase of a NVIDIA supercomputer, BenevolentAI seems to have found a competitor in Exscientia, evidenced by pharma’s interest in the startup.


Image via Pressmaster / shutterstock.com

Let's Continue The Conversation

Feel free to send us comments about this article to comments@labiotech.eu and/or comment on that article on social media.

We use cookies to give you the best experience and for advertising purposes. By accepting, you support our independent media and it's freely accessible content.