ENTITY Ransi Somaratne

Ransi Somaratne

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RESEARCH · CL_120069 · Jul 1 · 09:25

Eli Lilly invests $40M in AI drug firm Absci for baldness treatment

Eli Lilly has invested $40 million in Absci, a generative AI drug discovery company, as part of a larger $100 million stock offering. Absci utilized AI to design ABS-201, an injectable antibody targeting a hormone recep…