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Sanofi Forms Potential $5.2 Billion AI Deal With Exscientia

  • Companies to work on 15 oncology, immunology drug candidates
  • Exscientia tests drugs on human tissue in preclinical trials
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Sanofi formed a deal to develop 15 experimental oncology and immunology drugs with Exscientia Plc with possible total payouts of as much as $5.2 billion, allying with a company that uses artificial intelligence to make new medicines.

The Oxford, England-based company will receive $100 million upfront, as well as milestone payments and royalties from successful treatments, the companies said Friday.