Anthropic is now a biotech company. At least of sorts. The San Francisco–based frontier AI lab has acquired Coefficient Bio, a stealth New York-based biotech AI startup, in a stock deal valued at just over $400 million, according to reporting from Newcomer and The Information. The deal brings a team of fewer than 10 people, most of them former Genentech computational biology researchers, into Anthropic’s healthcare and life sciences division.
Read the full article: Anthropic’s $400M Acquisition of Coefficient Bio Signals a Deeper Push into Drug Discovery //
Source: https://www.rdworldonline.com/anthropics-400m-acquisition-of-coefficient-bio-signals-a-deeper-push-into-drug-discovery/