Eli Lilly, a US pharmaceutical giant, has signed a $2.75 billion partnership with Insilico Medicine, a Hong Kong-listed AI drug developer, in one of the largest artificial intelligence-pharmaceutical deals to date. The agreement focuses on AI-driven drug development, leveraging Insilico Medicine's artificial intelligence technology platform to accelerate pharmaceutical discovery and development processes. The deal represents a significant bet by Eli Lilly on AI's potential to transform drug discovery and marks a major milestone for Insilico Medicine's commercial validation in the pharmaceutical industry.
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