Tag

#biotech

5 articles

Anthropic drops 400 million in shares on an eight-month-old AI pharma startup with fewer than ten employees

This article explains how artificial intelligence (AI) is revolutionizing the pharmaceutical industry by helping scientists discover new medicines faster. It explores the concept of AI pharma and how a major tech company invested $400 million in a tiny AI startup developing new treatments.

Apr 36

Anthropic just paid $400 million for a startup with fewer than 10 people

Anthropic has acquired Coefficient Bio, a stealth biotech startup founded just eight months ago, in a $400 million all-stock deal. The acquisition brings in a team of fewer than 10 former Genentech researchers, signaling Anthropic's expansion into healthcare AI.

Apr 36

biotech

Laigo Bio closes €17M seed to advance SureTACs

Dutch biotech Laigo Bio has raised €17 million in seed funding to advance its innovative SureTACs platform, which targets previously 'undruggable' membrane proteins through protein degradation.

Mar 2715

business

Ysios Capital launches €100M fund to build biotech companies from Spanish science

Ysios Capital launches a €100 million fund, InceptionBio, to support early-stage biotech companies created from Spanish academic research.

Mar 2729

biotech

German biotech Kupando raises €10M more to take its innate immunity drug into the clinic

German biotech Kupando has raised €10M to advance its innate immunity drug KUP101 into human clinical trials, targeting solid tumors and drug-resistant infections.

Mar 1833