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Insilico Medicine, despite a $19.22B loss, raised $293M in Hong Kong’s largest biotech IPO to expand AI-driven drug discovery globally.
Insilico Medicine, a Hong Kong-listed biotech firm backed by government investment, is leveraging its AI platform Pharma.AI to accelerate drug discovery, reducing development time from years to months with a high success rate in trials.
The company, expanding in China’s Zhangjiang hub, has 23 drug candidates, two in Phase II, and partnerships with Fosun Pharma and Eli Lilly.
Despite a $19.22 billion loss in early 2025, it raised $293 million in Hong Kong’s largest biotech IPO, planning to use 48% for R&D and global expansion, including AI hubs to help countries like those in the Middle East develop homegrown medicines via affordable AI tools.
Insilico Medicine, a pesar de una pérdida de $ 19.22B, recaudó $ 293M en la IPO de biotecnología más grande de Hong Kong para expandir el descubrimiento de fármacos impulsados por IA a nivel mundial.