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flag AstraZeneca to pay $555M for exclusive rights to Algen’s AI-powered CRISPR therapies targeting immune diseases.

flag AstraZeneca has agreed to a $555 million deal with San Francisco-based Algen Biotechnologies to develop gene-editing therapies using AI and CRISPR technology, gaining exclusive rights to treatments for immune system diseases. flag The collaboration leverages Algen’s platform, rooted in Nobel laureate Jennifer Doudna’s CRISPR research, and marks a major step in AstraZeneca’s push toward AI-driven drug discovery. flag The financial terms include milestone payments, and the company’s shares rose slightly following the announcement.

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