In early December, AstraZeneca PLC announced a $247m alliance with generative artificial intelligence biologics development company, AbSci Corp., to design an antibody against an unnamed oncology target, while Boehringer Ingelheim GmbH inked a deal of undisclosed value with Ten63 Therapeutics, also a gen AI-guided company that has focused on oncology to date.
Gen AI Companies Shine In Drug Development
A string of AI-focused deals in 2023 and two late-year gen AI-specific agreements may presage a strong 2024 for drug discovery companies employing AI.
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