BioXcel Therapeutics’ AI Drug Development IPO

The industry where artificial intelligence has seen the most traction is in healthcare, something we touched upon in our most recent article on 6 AI Startups for Healthcare Management. CB Insights reported that through March of last year, AI in healthcare led all other industrial applications of AI in terms of equity deals, raising $1.8 billion across 270 deals since 2012. Big pharma is paying close attention, and just recently Roche announced plans to acquire big data and machine learning startup Flatiron Health for $1.9 billion. While Flatiron was trying to “fight cancer with organized data”, another exciting application of big data and machine learning in healthcare is that of drug discovery. In April of last year, we sat down with Andrew Radin, co-founder of TwoXAR, to talk about 9 Computational Drug Discovery Startups Using AI. Since then, the number of startups pursuing AI drug development has increased significantly. Just recently one of these companies filed for an IPO – BioXcel Therapeutics.

About BioXcel Therapeutics

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