AstraZeneca and insitro sign AI drug deal

AstraZeneca has partnered with insitro in a 40 million dollar deal to develop new liver and heart treatments. The collaboration will use artificial intelligence to identify causal disease biology.

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FILE PHOTO: A company logo is seen at the AstraZeneca site in Macclesfield, Britain, May 11, 2021.

AstraZeneca will pay $40 million upfront in an artificial intelligence drug discovery deal with insitro targeting liver and heart diseases. The United Kingdom drugmaker is partnering with the California-based biotech firm to tackle conditions that have long lacked effective therapies. The agreement includes up to $1.46 billion in potential development and commercial milestones, alongside royalties on future sales.

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