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Eli Lilly extends partnership with Insilico Medicine for AI-powered drug discovery
Eli Lilly has expanded its existing AI-powered drug discovery collaboration with Insilico Medicine in a deal potentially worth up to $2.75 billion. Lilly will leverage Insilico’s AI engine for the development, manufacturing, and commercialization of new oral treatments. Insilico is set to receive a $115 million upfront payment, with additional milestone payments and future royalties.