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0.000813464235624149 0.000819074333800862 0.000976157082748953 -0.00140252454417952 0.000633941093969206 -0.00146984572230008 -0.00206451612903229 -0.00599461430575026
Stock impact report

Eli Lilly teams up with Insilico to accelerate AI-powered drug development [Yahoo! Finance]

Eli Lilly and Company (LLY) 
Last eli lilly and company earnings: 4/23 06:25 am Check Earnings Report
US:NYSE Investor Relations: investor.lilly.com
Company Research Source: Yahoo! Finance
Eli Lilly and Co (NYSE:LLY) has entered into a drug discovery collaboration with Insilico Medicine, a clinical-stage biotechnology firm focused on generative artificial intelligence, to advance the development of new therapeutics across multiple disease areas, it was announced over the weekend. Under the agreement, Lilly will obtain an exclusive worldwide license to develop, manufacture and commercialize certain potentially best-in-class oral drug candidates that are currently in preclinical development. The partnership will also include joint research and development efforts on multiple programs targeting diseases selected by Lilly. The collaboration will combine Insilico's AI-driven Pharma.AI platforms with Lilly's drug development capabilities and disease-area expertise, with the aim of accelerating the discovery and advancement of novel treatments. Financial terms of the deal include an upfront payment of $115 million to Insilico. The company is also eligible to receive add Show less Read more
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