Anthropic buys biotech startup Coefficient Bio in $400M deal: Reports

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Anthropic has bought the stealth biotech AI startup Coefficient Bio in a $400 million inventory deal, in line with The Data and Eric Newcomer. Sources near the deal confirmed to Trendster that it closed, although declined to touch upon the quantity.

The deal comes as Anthropic continues its push into healthcare and life sciences, following its October announcement of Claude for Life Sciences, a instrument that goals to assist scientific researchers make discoveries.

Coefficient Bio’s founders, Samuel Stanton and Nathan C. Frey, launched the startup eight months in the past, having each labored in computational drug discovery at Genentech’s Prescient Design. Coefficient Bio was utilizing AI to assist make drug discovery and different types of organic analysis extra environment friendly.

The staff, consisting of round 10 individuals, is predicted to affix Anthropic’s well being and life science staff.

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