US pharma giant Pfizer has signed a license agreement with San Francisco-based Chai Discovery, giving its scientists access to the AI company’s drug discovery platform for biologics research. 5 June 2026
US biopharma Alnylam Pharmaceuticals has signed a strategic AI collaboration with Inceptive Nucleics, as it looks to speed up the discovery of RNA interference therapies and broaden its pipeline under its Alnylam 2030 strategy. 4 June 2026
Danish CNS specialist Lundbeck (and Cradle, a Dutch AI platform for protein engineering, today announced a partnership to help Lundbeck discover and optimize biotherapeutics that ultimately can improve patient outcomes. 3 June 2026
German techbio company Lucera has launched with ambitions to improve decision-making across pharmaceutical research and development using artificial intelligence and a curated biomedical knowledge base. 2 June 2026
British techbio Genomics has launched Mystra AI, a human genetics-based artificial intelligence platform designed to help drugmakers identify and validate better targets for drug discovery. 2 June 2026
Genesis Molecular AI and Incyte announced a new kind of deal, with Incyte’s proprietary experimental data powering large-scale training of Genesis’ drug discovery platform. It is backed with $120 million upfront and approximately $5 billion for up to 20 potential targets. 21 May 2026
US pharma major Bristol Myers Squibb has signed a broad artificial intelligence partnership with Anthropic, deploying the tech company’s Claude platform across research, clinical development, manufacturing, commercial operations and corporate functions. 21 May 2026
Incyte and Edison Scientific have announced a strategic collaboration to employ Kosmos, Edison’s AI scientist, for the US biopharma’s discovery and development work. 20 May 2026
US AI leader Anthropic is expanding further into healthcare and drug development through a new four-year partnership with the Gates Foundation focused on vaccines, disease modeling and health-system operations in lower-income countries. 15 May 2026
UK-based Isomorphic Labs, the AI-driven drug discovery company spun out of Google DeepMind, has raised $2.1 billion in a Series B financing round. 13 May 2026
Privately-held Boston, USA, firm Cellular Intelligence has acquired global rights to Novo Nordisk's cell therapy program for Parkinson's disease. 12 May 2026
British pharma major AstraZeneca is expanding its oncology-focused artificial intelligence collaboration with US biotech Immunai in a deal that could bring the smaller company up to $37.5 million over 2026-2027. 8 May 2026
Ahead of a London event on May 12 on how AI is rapidly reshaping how healthcare information is discovered, interpreted and shared, this week's Expert View comes from panellist Sophie Randall, Director of the Patient Information Forum, the UK membership organization for people working in health information and support. 6 May 2026
Profluent, the frontier AI company pioneering large-scale foundation models for protein design, today announced a multi-program strategic research collaboration with Eli Lilly to develop and commercialize custom site-specific recombinases to address diseases with severe unmet needs. 28 April 2026
Belgian drugmaker UCB and the University of Southampton have announced a joint three-year project that they have dubbed the Digital Antibody Research Collaboration (DARC). 27 April 2026
Merck & Co and Google Cloud have announced a landmark partnership to enhance the US pharma giant’s digital backbone as an AI-enabled enterprise. 23 April 2026
This week on The Pharma Letter Podcast, we’re joined by Kenneth Mulvany, founder and executive chair of BenevolentAI: one of the UK’s earliest and most high-profile attempts to apply machine learning to drug discovery. 23 April 2026
US biotech major Amgen has announced the retirement of David Reese, executive vice president and chief technology officer, effective June 30. 23 April 2026
US biotech Elephas Biosciences has entered a research collaboration with artificial intelligence firm Mithrl, aiming to combine real-time tumor profiling with automated data analysis to better understand responses to immunotherapy. 17 April 2026
A new artificial intelligence (AI)-based model developed by scientists at ETH Zurich could help determine optimal synthesis methods for new active pharmaceutical ingredients (API). 27 November 2023
Nobody could call it a good week for Bayer, with its shares slumping to their lowest level in a decade on Monday after the firm said it would discontinue a Phase III trial for a blood-thinning drug for heart disease that had failed to demonstrate efficacy. 23 November 2023
The UK’s largest drugmaker, AstraZeneca, has announced the launch of a new AI-focused digital health solutions company, to be called Evinova. 20 November 2023
Spanish dermatology specialist Almirall and US generative AI drug creation company Absci Corporation have announced a drug discovery partnership. 14 November 2023
Germany’s Bayer and Recursion Pharmaceuticals, a US techbio firm seeking to decode biology to industrialize drug discovery, have updated the focus of their research collaboration to precision oncology. 10 November 2023
French venture capital firm Sofinnova Partners has announced the closing of a $200 million fund, spearheaded by partners Edward Kliphuis and Simon Turner. 27 October 2023
As drugmakers around the world rush to embrace the potential of artificial intelligence (AI) in the design and development of new medications, the World Health Organization has urged caution. 23 October 2023
A company founded by Flagship Pioneering, Generate Biomedicines, has raised over a quarter of a billion dollars in a series C financing round. 14 September 2023
A new report from British market research firm Deep Pharma Intelligence provides a profile of the use of artificial intelligence in the drug discovery industry. 17 August 2023
The European Medicines Agency (EMA) has published a draft reflection paper outlining the current thinking on the use of artificial intelligence (AI) to support the safe and effective development, regulation and use of medicines. 19 July 2023
Developing new drugs is a complex and expensive process with a high failure rate. In fact, only about one out of 250 preclinical compounds make it to FDA approval. With an average cost of $40,000 per patient in a phase three clinical trial, the financial impact of failure is staggering. 4 July 2023
French drugmaker Sanofi has placed a strong emphasis on the adoption of artificial intelligence capabilities to facilitate its internal operations. 13 June 2023
The life sciences industry has always been subjected to transparency requirements. To help avoid compliance violations that may lead to penalties, many life science organizations have ramped up their efforts to collect compliance data and streamline the reporting process. 10 May 2023
Roche has announced the launch of the Institute of Human Biology (IHB), focussing on advancing research in the field of human model systems such as organoids. 5 May 2023
US biotech success story Moderna has turned to one of the world’s leading tech companies as it seeks to stay at the forefront of advancing mRNA medicines. 21 April 2023
A clinical-stage biotechnology company developing disease-modifying treatments for neurodegenerative diseases, with a primary focus on amyotrophic lateral sclerosis (ALS) and broader neurodegenerative biology. Neurizon aims to advance its lead small-molecule candidate into pivotal clinical testing and position it for regulatory evaluation and eventual patient access.