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Shots:
- Insilico Medicine has entered into a multi-year R&D collaboration with Servier to identify & develop novel oncology therapeutics for challenging targets using Insilico’s Pharma.AI
- As per the deal, Servier will share R&D costs &, upon successful identification of potential candidates, assume responsibility for clinical validation, regulatory engagement, & global commercialization of the resulting oncology drug candidates
- In return, Insilico will receive $32M in upfront & near-term R&D payments, representing the total deal value of ~$888M
Ref: PRnewswire | Image: Insilico & Servier | Press Release
Related News: Insilico Medicine and TaiGen Biotechnology Partner for ISM4808 to Treat Anemia of Chronic Kidney Disease (CKD)
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