AI

Insilico Medicine And SK Biopharmaceuticals Achieved AI-powered Drug Discovery Collaboration Worth Up to 2.5 Billion for Neuroimmune Disorders

Insilico Medicine And SK Biopharmaceuticals Achieved AI-powered Drug Discovery Collaboration Worth Up to 2.5 Billion for Neuroimmune Disorders Image: Primary
Insilico Medicine and SK Biopharmaceuticals announced a research and development collaboration at the BIO 2026 International Convention to discover AI-enabled innovative drug candidates in the neuroimmune area of the central nervous system. Under the agreement, Insilico will be eligible to receive up to $18 million in upfront and near-term milestone payments. The total potential deal value exceeds $2.5 billion, including development, regulatory, and commercial milestone payments, as well as single-digit royalties on net sales upon commercialization.
Sources
insilico.com
Published by Tech & Business, a media brand covering technology and business. This story was sourced from insilico.com and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
Infrastructure AI
Infrastructure AI

TCS-backed HyperVault commits $7.4 billion to southern India AI campus

Tata Consultancy Services said its HyperVault unit and partners have committed 700 billion rupees ($7.4 billion) to establish a large-scale artificial-intelligence data-center campus in southern India. The commitment expands TCS's...

Bloomberg Technology
Capital AI
Capital AI

Report says Anthropic IPO timetable shifts into October

Anthropic is now expected to make its IPO prospectus public in late September and begin marketing no earlier than mid-October, according to people familiar with the matter cited by Reuters. The company had been expected to publis...

CTech
Infrastructure AI
Infrastructure AI

TCS unit commits $7.4 billion for Hyderabad AI data-center campus

Tata Consultancy Services said its HyperVault unit and partners have committed 700 billion rupees, about $7.4 billion, to an AI data-center campus in Hyderabad. The company said the 264-acre site, for which land has been secured, ...

The Next Web
Security Infrastructure
Security Infrastructure

JetBrains tells Cadence users to rotate credentials after TeamCity breach

JetBrains is telling Cadence users to revoke or rotate credentials and secrets after attackers exploited a critical TeamCity vulnerability to breach a Cadence environment. The company said the attackers accessed a 2024 server back...

The Hacker News
Capital Products
Capital Products

HomeVestors acquires MLS investment-property platform BlueSquIDX

HomeVestors has acquired BlueSquIDX, a software platform for identifying MLS-listed investment properties and evaluating and submitting offers. The company said the platform uses machine learning to identify properties that may su...

Pulse 2.0