Recursion and Exscientia Announce Strategic Merger for AI Innovations in Biotechnology
Thursday, 8 August 2024, 15:07
Recursion and Exscientia Merger Overview
Recursion and Exscientia have announced their strategic merger to form a groundbreaking biotechnology company.
Financial Backing
- Combined cash reserves of $850 million
Future Prospects
- Expect to deliver 10 clinical readouts over the next 18 months
- Focus on enhancing AI-driven drug discovery
Industry Impact
The merger illustrates the significant role of AI technologies in reshaping the biotechnology industry.
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