
AI-driven biotech Insilico Medicine (HKEX: 3696) and China Medical System Holdings (HKEX: 867; SGX: 8A8) have expanded their drug discovery alliance with a new central nervous system (CNS) program.
The latest agreement covers a mass-market CNS indication with a novel mechanism of action identified by Insilico’s PandaOmics target discovery platform. Insilico is eligible to receive up to around 1.2 billion renminbi ($177 million) in milestone payments, plus royalties.
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