Xtalpi Holdings Ltd. Enters Strategic Partnership with DoveTree for AI-Driven Drug Discovery

Reuters
2025/06/23
Xtalpi Holdings Ltd. Enters Strategic Partnership with DoveTree for AI-Driven Drug Discovery

XtalPi Holdings Ltd. has announced a new partnership with DoveTree LLC, a company founded by Professor Gregory Verdine. This collaboration involves XtalPi utilizing its end-to-end AI drug discovery platform, which integrates "AI + robotics" technology, to develop small molecule and antibody drug candidates targeting tumors, autoimmune diseases, and neurological conditions. As part of the agreement, XtalPi will receive an initial payment of US$51 million, followed by an additional US$49 million within 180 days post-signing of the Definitive Agreement. The partnership also includes potential milestone and sales payments, reaching billions, and royalties based on a single-digit percentage. This collaboration aims to leverage XtalPi's technological strengths to bring breakthrough therapies to patients globally.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xtalpi Holdings Ltd. published the original content used to generate this news brief on June 23, 2025, and is solely responsible for the information contained therein.

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