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Insilico’s latest deal is a $120M cardiometabolic drug discovery pact with Qilu Pharma

Insilico Medicine is having quite a month. Fresh from deals with Servier and Hygtia Therapeutics, the biotech has signed a new collaboration with Shanghai-based Qilu Pharmaceutical worth nearly $120 million.

This report was first published by Endpoints News. To see the original version, click here

Insilico Medicine is having quite a month. Fresh from deals with Servier and Hygtia Therapeutics, the biotech has signed a new collaboration with Shanghai-based Qilu Pharmaceutical worth nearly $120 million.

The pact will see the partners use Insilico’s Pharma.AI drug discovery platform to develop small-molecule drugs for cardiometabolic diseases. The partners did not state exactly which conditions they intend to look at.

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