ARTICLE | Financial News
WuXi AppTec, Insilico enter R&D, equity deal
June 11, 2018 2:04 PM UTC
WuXi AppTec Co. Ltd. (Shanghai:603259) led a venture round for Insilico Medicine Inc. (Baltimore, Md.) and partnered with the artificial intelligence company to discover and develop new molecules.
Insilico CEO Alex Zhavoronkov told BioCentury it raised $5-$10 million in the round but declined to provide a specific number. ...