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

TechCrunch
Anthropic has acquired biotech AI startup Coefficient Bio for a reported $400 million to bolster its healthcare and life sciences research capabilities.

Summary

Anthropic has acquired Coefficient Bio, a stealth biotech AI startup, in a deal reportedly valued at $400 million. The acquisition, which involves a team of approximately 10 people, aligns with Anthropic’s strategic expansion into the life sciences sector, following the recent launch of its Claude for Life Sciences tool. Coefficient Bio was founded eight months ago by Samuel Stanton and Nathan C. Frey, both formerly of Genentech’s Prescient Design, to improve the efficiency of drug discovery through artificial intelligence.

(Source:TechCrunch)