HomeMarket NewsExscientia climbs as Merck KGaA joins AI drug discovery

Exscientia climbs as Merck KGaA joins AI drug discovery

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Exciting news for U.K.-based biotech company Exscientia plc (NASDAQ:EXAI). The company’s stock surged by approximately 20% in pre-market trading on Wednesday following the announcement of a collaboration with German drugmaker Merck KGaA (OTCPK:MKGAF) on AI-driven drug discovery.

Aside from Exscientia (EXAI), several other players in AI-led drug discovery, including Recursion Pharmaceuticals (RXRX), Abcellera Biologics (ABCL), Absci Corporation (ABSI), and Schrodinger (SDGR), should be on investors’ radars.

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