BRIEF: XtalPi shares surge on Microsoft China partnership
AI pharmaceutical company XtalPi Inc. (2228.HK) on Monday announcedit has entered into a strategic cooperation memorandum with Microsoft China for new drug and materials development. Under the tie-up, the two parties…
InSilico seeks IPO boost to get AI drugs over the line
The drug developer has raised around $400 million in seven rounds of financing. But after burning through cash, the company needs fresh capital to sustain its work on AI-assisted drugs…