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Exciting News in AI Drug Discovery! Recursion, a leader in AI-powered drug discovery, announced an agreement to acquire fellow biotech company Exscientia in a $688 million all-stock deal. This strategic move strengthens Recursion's position in the field by combining their expertise in biological target identification with Exscientia's strength in AI-driven drug design. The resulting powerhouse is poised to accelerate the development of new treatments, potentially saving both time and money and, furthermore, it validates the strength and resilience of the biotech sector.

Biotech firm Recursion to buy Exscientia for $688 million

Biotech firm Recursion to buy Exscientia for $688 million

reuters.com

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