PharmiWeb Today Story
Eli Lilly has strengthened its commitment to artificial intelligence in drug discovery through an expanded partnership with Insilico Medicine, in a deal that could reach up to 2.75 billion dollars.
The agreement grants Lilly exclusive global rights to develop and commercialise selected oral drug candidates generated using Insilico’s AI driven platform. Insilico will receive an upfront payment of 115 million dollars, alongside potential milestone payments and future royalties tied to successful development and market performance.
The collaboration builds on an existing relationship between the companies and reflects a broader industry shift toward AI enabled research. By combining Insilico’s generative AI capabilities with Lilly’s clinical and commercial expertise, the partnership aims to accelerate the identification and development of new therapies across multiple disease areas.
Insilico has already advanced a growing pipeline of AI designed drug candidates, with several progressing into clinical trials. The expanded deal signals increasing confidence in AI as a tool to reduce development timelines and improve R&D efficiency.
For Lilly, the move reinforces its strategy to integrate advanced technologies into its pipeline, positioning the company at the forefront of next generation drug discovery.
Read More...
Articles
Featured Events
-
6th CAR-TCR Summit
30-Aug-2021 - 02-Sep-2021 -
Pharma USA 2022
16-Mar-2022 - 17-Mar-2022 -
Finding the Value in Strategic Outsourcing Partner…
22-Feb-2023 - 22-Feb-2023 -
Reuters Events: Pharma USA 2023
28-Mar-2023 - 29-Mar-2023 -
Global Biomanufacturing Summit
25-May-2023 - 26-May-2023 -
PM Society: Pharmaceutical Marketing for Non-Marke…
27-Feb-2024 - 29-Feb-2024
News
-
Next Gen Diagnostics Showcases Low-Cost, Automated…
01-Apr-2026 -
MDCE's Snapshot Recipes Expands Audience Reach Wit…
01-Apr-2026 -
Curiteva Announces Plans for Innovation Center & I…
31-Mar-2026 -
The Retreat South Coast Champions Community and Co…
31-Mar-2026 -
1933 Industries Reports Second Quarter 2026 Financ…
31-Mar-2026 -
BetterWay Enters Into an Affiliation Agreement wit…
31-Mar-2026