Insilico Medicine Sparks biotech winter with $1.2B collaboration with Sanofi

Insilico’s Sanofi deal is worth $1.2B, a biobucks-worth of $1.2B.

Insilico Medicine is radiating heat amid the biotech winter, kindling its fires with a Sanofi collab that could be worth up to $1.2 billion in biobucks–the AI drug discovery company’s largest deal to date.