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BioWorld - Monday, May 12, 2025
Breaking News: 100 days of uncertaintySee today's BioWorld Science
Home » Xaira launches with $1B+ for AI drug development
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Drug design, drug delivery & technologies

Xaira launches with $1B+ for AI drug development

April 25, 2024
By Lee Landenberger
In one of the biggest startups ever, Xaira Therapeutics has launched with more than $1 billion from investors. The financing, according to BioWorld records, is roughly equivalent to Roivant Sciences Inc.’s $1.1 billion raise in August 2017 and Galderma Inc.’s $1 billion private placement in June 2023. Xaira said it plans to leverage advanced machine learning research and expansive data generation to power new models for developing new therapeutics.
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