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AI attracting investor attention

Investment in artificial intelligence (AI) is on the increase as the pharma industry due to its capacity to drive efficiencies and innovation. According to market research (2021), global AI funding increased by 108% to $66.8 billion, driven by healthcare AI which accounted for 18% (37 deals) of total funding.

Table 1: Recent biopharma AI partnerships, January 2022 onwards

Pharma
company		AI companyDeal detailsFinancial detailsAnnounced
Poolbeg PharmaOneThreeBiotechCollaboration to identify new drug targets and
treatments for respiratory syncytial virus (RSV)		OneThree will
receive milestone
payments based
on candidate
development and
royalties on the
sale of products
derived from the
partnership		24.02.22

Poolbeg Pharma plc (LON:POLB) is a clinical stage infectious disease pharmaceutical company, with a novel capital light clinical model which enables us to develop multiple products faster and more cost effectively than the traditional biotech model. 

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