Eli Lilly Bets $2.75 Billion on AI Drug Discovery in Landmark Insilico Medicine Deal
US pharmaceutical giant Eli Lilly has signed a $2.75 billion licensing and collaboration agreement with Insilico Medicine, the Hong Kong-listed AI drug discovery company, in one of the largest AI-pharma deals ever recorded. The agreement validates the commercial maturity of AI-driven drug design after years of proof-of-concept claims.