BMS Extends its 2019 Collaboration with Exscientia for AI Driven Drug Discovery

 BMS Extends its 2019 Collaboration with Exscientia for AI Driven Drug Discovery

Shots:

  • Exscientia to receive ~$50M as up front, ~$125M as milestones and additional clinical, regulatory, and commercial milestones of over $1.2B along with royalties on net sales of any marketed therapies resulting from the collaboration
  • The expanded collaboration has the potential to add to the BMS drug pipeline whilst enhancing Exscientia’s portfolio of shared assets. The alliance will deploy AI to accelerate the discovery of small molecules in multiple therapeutic areas, including oncology & immunology
  • Exscientia will take responsibility for AI-design and experimental work necessary to discover drug candidates associated with the collaboration

Click here to­ read full press release/ article | Ref: BUSINESS WIRE | Image: BUSINESS WIRE

Tuba Khan

Tuba Khan is Senior Editor at PharmaShots. She is curious, creative, and passionate about recent updates and innovation in the Life sciences industry. She covers Biopharma, MedTech, and Digital health segments. Tuba also has an experience of digital and social media marketing and runs the campaigns independently. She can be contacted on tuba@pharmashots.com

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