Work Here?
Formation Bio focuses on speeding up the process of developing new drugs by using its own AI-driven platform. This platform helps the company identify and acquire clinical-stage assets, which are drugs that are already in testing phases. By using flexible financing options, Formation Bio aims to lower the high costs and long timelines usually involved in bringing new medications to market. The company works with pharmaceutical and biotech firms that want to make their drug development processes faster and more efficient. Unlike many competitors, Formation Bio emphasizes the use of advanced AI tools to improve drug selection and development, with the goal of making treatments more accessible and affordable for patients.
Company Stage
Series D
Employees
51-200
Industries
AI & Machine Learning, Biotechnology, Healthcare
Total Funding
$515.8M
Headquarters
New York City, New York
Founded
2013
Help us improve and share your feedback! Did you find this helpful?
Find jobs on Simplify and start your career today