JPM26: AstraZeneca bids to accelerate oncology R&D with Modella AI acquisition [Yahoo! Finance]
AstraZeneca PLC - American Depositary Shares (AZN)
Last astrazeneca plc - american depositary shares earnings: 2/5 04:00 pm
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Source: Yahoo! Finance
The deal, the financial terms of which were undisclosed, will see Modella AI's multi-model foundational models and AI agents further integrated into AstraZeneca's clinical development processes, building on an existing collaboration. The two companies started working together via a research agreement in July 2025. The oncology space is becoming “more complex, more data-rich and more time-sensitive,” said Modella AI CEO Gabi Raia in a press release. “AI is helping us drive outcomes, boost efficiency and productivity and accelerate innovation with measurable impact,” said AstraZeneca CFO and executive director Aradhana Sarin, while speaking at the J.P. Morgan Healthcare Conference held in San Francisco from 12 to 15 January. This is the latest in a series of recent AI-centred deals in the pharma space. Eli Lilly and NVIDIA are set to establish a San Francisco Bay-based co-innovation lab in a deal that will see shared investment of up to $1bn to advance drug discovery with the use
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News
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AZN
Sec Filings
- 1/8/26 - Form 6-K
- 1/2/26 - Form 6-K
- 12/22/25 - Form 6-K
- AZN's page on the SEC website