The moment has finally arrived.
@RecursionPharma has combined with @exscientiaAI, giving rise to a new TechBio powerhouse!
All the essential elements are now in place: an unwavering commitment to challenge the status quo; an interconnected end-to-end platform combining purpose-built multidimensional data w/ massive computing power, automated labs & precision chemistry capabilities; partnerships with leading pharma and a culture that breaks down the wall between biology and technology and encourages bold action.
With this combination, we have 10 clinical and preclinical, 10 advanced discovery programs across rare disease, infectious disease, and oncology, and more than 10 partnered programs with leading pharmas, including
@sanofi,
@Roche/
@genentech,
@Bayer and Merck KGaA, Darmstadt, Germany. We’ve received approximately $450 million in upfront and milestone payments with the potential for over $20 billion in additional milestones before royalties.
We built this in a little over a decade, and our technology is only improving as we increase proprietary data, further develop our foundation models, and accelerate our automation and unbiased discovery.
This moment is both a culmination of all the work that has come before – and the beginning of an accelerated push to deliver on our promise to decode biology to radically improve lives.
I’m incredibly grateful to the Recursionauts and Exscientians who have been part of this journey and to our counterparts in Oxford who bring such a complementary culture and approach that will enable us to lead, and significantly advance, the TechBio industry.
Here’s to the next chapter of this exciting story!