News Article
CytoReason receives $80m investment
23 July 2024
Candesic provided commercial due diligence to the investors providing $80m of growth capital to pioneering AI drug discovery company CytoReason. CytoReason offers life sciences companies AI-enabled drug discovery tools to gather data-driven and molecular-level insights to improve success in clinical trials and optimize research and development
Company will use the funds to expand the use of its models for different indications, grow its molecular and clinical data and open an office in Cambridge, Massachusetts, later this year.
Read more about this investment below.
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