Deep Dive #1: AI-Enabled Drug Discovery

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Alix Ventures: Supporting Early Stage Life Science Startups Engineering Biology to Drive Radical Advances in Human Health

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Intro

It’s no secret that the traditional drug discovery model is expensive, time consuming, and has recently produced compounds with marginal efficacy in clinical trials and high failure rates. Large biopharma companies are increasingly outsourcing R&D to academic labs and small/mid size startups via licensing partnerships or acquisitions. Biopharma is among the most active industry sectors in terms of mergers and acquisitions and this trend looks to grow as companies stockpile more and more cash. This is all evidence to demonstrate that large cap biopharma companies have yet to create efficient internal R&D programs and thus have a need for high efficiency screening and discovery programs.