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DeepMind spinout Isomorphic Labs partners with Eli Lilly and Novartis on AI-based drug discovery, with $82.5M paid upfront and $2.9B in performance incentives

TechCrunch Kyle Wiggers

Discussion

  • @garymarcus Gary Marcus on x
    In the race between DeepMind and OpenAI my bet is still on Demis.
  • @sergeiiakhnin Sergei Yakneen on x
    Newsflash! We are now partnered with @EliLillyandCo & @Novartis in deals worth up to nearly $3 billion to develop new medicines against challenging targets. This is showtime for the AI tech we've been building for the last two years. Let's go! http://www.isomorphiclabs.com/ ... #…
  • @andrewe_dunn Andrew Dunn on x
    “They're not pilot projects. They're real drug targets,” @demishassabis told me. “We want to do things that ultimately, if successful, are really meaningful, actually cure diseases and lead to blockbuster drugs, rather than just pilots and sort of academic work.”
  • @isomorphiclabs @isomorphiclabs on x
    We are thrilled to announce our pharma collaborations with @EliLillyandCo & @Novartis, which combined are potentially worth nearly $3 billion and testament to the promise of our AI-first approach to drug design. Read more here: http://www.isomorphiclabs.com/ ... #AI #drugdiscover…
  • @demishassabis Demis Hassabis on x
    Thrilled to announce @IsomorphicLabs collaborations with @EliLillyandCo & @Novartis potentially worth nearly $3 billion. These target-based programs represent just the start of the phenomenal real-world impact AI will have in accelerating drug discovery: http://www.isomorphiclabs…