Xaira Therapeutics is an ambitious artificial intelligence endeavor, with founding investors ARCH Venture Partners and Foresite Capital aiming to assemble all components of an AI-powered drug discovery and development operation under one roof – everything from target identification and antibody design to clinical trial planning and patient selection. The start-up also aims to advance its first drug candidates toward the clinic while continuing to build out its datasets and technical capabilities, which is why it launched with ambitious funding – more than $1bn.
Xaira Launches With $1bn-Plus And End-To-End AI Strategy
ARCH and Foresite incubated the company and recruited Genentech R&D veteran Marc Tessier-Lavigne to keep data generation, machine learning research and drug development under one roof.

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The four-year-old firm said it plans to advance programs toward the clinic from the funding round, which comes just over a year after signing two major pharma partnerships.
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