New York-based Pathos AI, a biotech company applying artificial intelligence (AI) to drug development, has announced a $365 million Series D financing, bringing its post-money valuation to approximately $1.6 billion.
This financing marks a major milestone for Pathos as it expands its AI-enabled platform to drive greater speed, precision and success in oncology drug development.
The proceeds will support advancement of the company’s clinical-stage pipeline and continued investment in the platform.
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