Notizia - Recent Pharma, Healthcare and Biotech Happenings

AI-powered drug-maker Recursion Pharmaceuticals secures USD 121 M to accelerate its clinical programs Recursion Pharmaceuticals, a next-gen biopharma company, has raised USD 121 Million in Series C financing. The Series C round was led by Baillie Gifford's flagship investment trust, Scottish Mortgage Investment Trust PLC, with participation by new institutional investors Intermountain Ventures, Regents of the University of Minnesota, Texas Tech University System, and few additional angel investors. Combining artificial intelligence with drug discovery, the company plan to use the proceeds to fuel its drug discovery platform along with discovering and adding new ch...