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Wednesday, September 20, 2023

Exscientia Announces AI Drug Discovery Collaboration with Merck KGaA

Collaboration will leverage Exscientia’s precision design capabilities to focus on previously unsolved drug design challenges

Exscientia is eligible to receive up to $674 million in discovery, development, regulatory and sales-based milestones for three projects, in addition to single to double digit royalty payments on net sales

Up to $113 million of potential milestone payments in the discovery phase, with $20 million upfront at initiation for three projects

https://finance.yahoo.com/news/exscientia-announces-ai-drug-discovery-050000497.html

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