--- title: The Biotech AI Revolution is Nearly Here in 2024 | daily.dev description: Insilico Medicine is a biotech company that uses AI in drug discovery and development. They are developing drugs for various diseases and have a focus on drug... canonical: https://daily.dev/posts/the-biotech-ai-revolution-is-nearly-here-in-2024-af9ii5c3q twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: The Biotech AI Revolution is Nearly Here in 2024 | daily.dev og:description: Insilico Medicine is a biotech company that uses AI in drug discovery and development. They are developing drugs for various diseases and have a focus on drug... og:url: https://daily.dev/posts/the-biotech-ai-revolution-is-nearly-here-in-2024-af9ii5c3q og:image: https://api.daily.dev/og/posts/Af9II5c3Q.png og:image:alt: The Biotech AI Revolution is Nearly Here in 2024 og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # The Biotech AI Revolution is Nearly Here in 2024 **[Substack](https://daily.dev/sources/substack)** · 18 min read · 2 upvotes · 0 comments ## Summary Insilico Medicine is a biotech company that uses AI in drug discovery and development. They are developing drugs for various diseases and have a focus on drug repurposing. Insilico Medicine uses AI platforms like PandaOmics, Chemistry42, and inClinico. They have collaborated with companies like GSK, Pfizer, and Novo Nordisk. The company has a high valuation and has raised significant funding. They also have an Intelligent Robotics Drug Discovery Laboratory. The use of AI in drug discovery offers advantages in efficiency and cost reduction. The study published by Insilico Medicine in Nature Biotechnology is significant in demonstrating the translation of AI-predicted findings into clinical trials. The Vice President of Business Development at Insilico Medicine is Keith Mikule. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: --- Tags: [#ai](https://daily.dev/tags/ai), [#biotech](https://daily.dev/tags/biotech), [#genai](https://daily.dev/tags/genai), [#nvidia](https://daily.dev/tags/nvidia), [#quantum-computing](https://daily.dev/tags/quantum-computing), [#robotics](https://daily.dev/tags/robotics) [View this post on daily.dev](https://daily.dev/posts/the-biotech-ai-revolution-is-nearly-here-in-2024-af9ii5c3q) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"The Biotech AI Revolution is Nearly Here in 2024","url":"https://daily.dev/posts/the-biotech-ai-revolution-is-nearly-here-in-2024-af9ii5c3q","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/the-biotech-ai-revolution-is-nearly-here-in-2024-af9ii5c3q"},"datePublished":"2024-05-03T06:06:24.371Z","dateModified":"2026-03-15T03:39:36.508Z","description":"Insilico Medicine is a biotech company that uses AI in drug discovery and development. 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