{
Value Partners Group Ltd

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}
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001122334455554433221100

Insilico Medicine secures 110 million dollars in series E funding round

Insilico Medicine, an AI-driven drug discovery company, has raised $110 million in its Series E funding round, achieving a valuation of over $1 billion. The investment, led by Value Partners Group, will enhance its AI platform and support the clinical development of Rentosertib for idiopathic pulmonary fibrosis, which has completed Phase IIa trials.With a pipeline of 30 drug assets, including 10 approved by the US FDA for investigational use, Insilico also licenses its assets to firms like Fosun Pharma and Exelixis, securing contracts worth approximately $3.5 billion. The company is advancing its proprietary AI system, “pharma.ai,” and developing humanoid robots to automate lab processes.
Tech in Asia
United States Dollar FOSUN PHARM Eli Lilly & Co Exelixis, Inc. Value Partners Group Ltd Orbimed Advisors LLC USA CHN Eli Lilly Show more
Healthcare & Medicine, News Article
04:50 13.03.2025
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