Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Insilico Medicine, despite a $19.22B loss, raised $293M in Hong Kong’s largest biotech IPO to expand AI-driven drug discovery globally.

flag 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. flag The company, expanding in China’s Zhangjiang hub, has 23 drug candidates, two in Phase II, and partnerships with Fosun Pharma and Eli Lilly. flag 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.

7 Articles