logo
  • menu
  • Markets
  • ETFs
  • Live
  • Spot
  • Futures
  • Bots
  • Learn
  • Sign In
  • Sign Up
  • Downloads
  • English
  • |
  • USD
  • |
Sign Up
Crypto PricesLearnLatest NewsDownloadsMarketsSpotAnnouncements
Home/
Latest News/
Markets

AstraZeneca Joins Forces with AI Firm in Quest for Cancer Cure

By Christopher Smith
Dec 6, 2023
4.7 
★
★
★
★
★
★
★
★
★
★
 315 User Rating
Share

AstraZeneca, a pharmaceutical company actively involved in COVID-19 vaccine development, has announced a collaboration with the US-based artificial intelligence (AI) biologics firm, Absci, to design a cancer antibody.

Reported by the Financial Times on December 3, AstraZeneca is set to invest approximately $247 million in research and development, milestone payments, and upfront costs for Absci. This partnership focuses on leveraging a zero-shot generative artificial intelligence model to create novel cancer antibody therapies and enhance existing ones. While the specifics regarding the types of cancer were not disclosed, Absci's website highlights its AI's ability to screen "billions of cells" weekly, rapidly advancing from antibodies to "laboratory-validated cell candidates" within six weeks. Presently, the company is engaged in 17 active projects. Puja Sapra, Senior Vice President at AstraZeneca, expressed:

“AI not only allows us to improve the success and speed of the biologic discovery process but also enhances the diversity of biologics we discover.”

Absci CEO Sean McClain confirmed the collaboration publicly and highlighted AstraZeneca's role in leveraging their artificial intelligence initiatives, as reported by Reuters.

The healthcare sector increasingly embraces artificial intelligence due to its potential to significantly expedite innovative research and improve data analysis accuracy. In a related development, Hong Kong's Hospital Authority unveiled an artificial intelligence pilot project in November aimed at combating multidrug-resistant microorganisms, known as superbugs. The project utilizes AI to analyze clinical data, determining the necessity of prescribing antibiotics. The overuse of antibiotics has resulted in the proliferation of drug-resistant superbugs in the region, prompting this innovative approach to treatment decision-making.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

Related News

  • AI Stock Selloff Hits Wall Street; Bitcoin Holds $65K Level

    AI Stock Selloff Hits Wall Street; Bitcoin Holds $65K Level

    On Friday, July 24, 2026, Bitcoin maintained a price of $65,400, demonstrating a rare decoupling from a broader $800 billion sell-off in major U.S. technology stocks.
    Sherry Cantwell
    Jul 24, 2026
  • Bybit Unleashes AI Power with 'TradeGPT' for Data-Driven Market Analysis

    Bybit Unleashes AI Power with 'TradeGPT' for Data-Driven Market Analysis

    Dubai-based cryptocurrency exchange Bybit has unveiled TradeGPT, a language-based trading tool that harnesses artificial intelligence (AI
    Christopher Smith
    Feb 2, 2026
  • Elon Musk's xAI Seeks SEC Approval for $1B Sale

    Elon Musk's xAI Seeks SEC Approval for $1B Sale

    Elon Musk's AI modeling firm, xAI, has finalized a private agreement to sell unregistered
    Cornell Rachel
    Feb 13, 2025

Latest News

Industry

Cryptocurrency

Airdrop

Markets

  • Solana Vote Could Slash SOL Supply, Boost Daily Burns

    Solana Vote Could Slash SOL Supply, Boost Daily Burns

    Solana validators began voting on three governance proposals on August 23, 2026, that could reshape the network's monetary policy and transaction fee structure.
    Sherry Cantwell
    Aug 26, 2026
  • TradFi Giants Embrace Crypto, Ending 'Short Bankers' Era

    TradFi Giants Embrace Crypto, Ending 'Short Bankers' Era

    Two major financial institutions managing over $1,000,000,000,000 each approved crypto products during the summer market period.
    Sherry Cantwell
    Aug 17, 2026
  • Brazil’s CVM Launches 60-Day Sprint to Tokenize Securities

    Brazil’s CVM Launches 60-Day Sprint to Tokenize Securities

    The Brazilian Securities and Exchange Commission (CVM) has officially established a dedicated task force to develop an experimental regulatory framework for tokenized securities, providing a fast-tracked timeline for the digital capital market.
    Martha Grizzard
    Jul 21, 2026
  • Hyperliquid Enables Permissionless Markets With HIP-4 Plan

    Hyperliquid Enables Permissionless Markets With HIP-4 Plan

    Hyperliquid has announced a forthcoming enhancement to its HIP-4 upgrade that will allow for the permissionless deployment of decentralized prediction markets.
    Christopher Smith
    Jul 21, 2026
  • DTCC Launches Live Tokenized Asset Trading for Wall Street

    DTCC Launches Live Tokenized Asset Trading for Wall Street

    The DTCC successfully transitioned from pilot testing to live production trades on July 15, 2026, marking the largest-scale institutional tokenization initiative to date.
    Cornell Rachel
    Jul 16, 2026
View more data 
BTCBTC(BTC)
$0
--(Last 24h)
SpotFutures

Top

View more
  1. 1S&P 500 Reclaims 200-Day Moving Average, Bitcoin Gains
  2. 2Trump Softens His Stance on Reciprocal Tariffs, US Stocks and Crypto Markets Rise
  3. 3Vitalik Buterin : The current price of ETH has not been affected by the merger event
  4. 4Vibhu Norby : Solana Spaces store to bring 100K people to Solana per month
  5. 5CZ: compared with the record high nine months ago, the current situation of the industry is much better

Top Gainers

View more
Bitlayer
BitlayerBTR

$0.1322

+299.40%
Ontology Gas
Ontology GasONG

$0.2058

+120.88%
TAC
TACTAC

$0.004592

+79.80%
STONK
STONKSTONK

$0.0132

+56.48%
aura
auraAURASOL

$0.0251

+51.24%

Top Trending

View more
TAC
TACTAC

$0.004588

+79.64%
Bitlayer
BitlayerBTR

$0.1317

+297.80%
Hyperliquid
HyperliquidHYPE

$81.9470

+4.32%
Litecoin
LitecoinLTC

$50.0800

-0.04%
Sandisk
SandiskSNDK

$1,559.87

+4.97%

Recently added

View more
Trump Media & Technology Group
Trump Media & Technology GroupDJTB

$9.4500

0.00%
Pons
PonsPONS

$0.1309

+22.42%
TermMax
TermMaxTMX

$0.1519

+14.73%
Aligned
AlignedALIGN

$0.0116

-8.55%
pipedog
pipedogPIPEDOG

$0.002197

+8.12%

Learn

View more
  1. 1BNB Smart Chain vs. Ethereum: Same Wallet, Different Network?
  2. 2How to Set Up a BNB Chain Wallet: Step-by-Step Guide
  3. 3What Are ARC-20 Tokens? How Do ARC-20 Tokens Work?
  4. 4What Is the Usual Protocol? How Does Its Tokenomics Work?
  5. 5What Are AI Agent Frameworks? How Do They Power Cryptocurrency?
About Us
  • About BitKan
  • Contact Us
  • Announcements
  • VIP Program
  • BitKan Ambassador
  • Institutional Services
Products
  • Spot
  • Futures
  • Crypto Prices
  • Learn
  • News
  • Markets
  • How to Buy Crypto
  • BTC to USD Calculator
  • Reward
Help
  • Help Center
  • Email Us
  • Live Chat
  • Download APP
  • Listing Application
  • Buy Bitcoin
  • Buy Ethereum
  • Buy Dogecoin
  • Buy Altcoins
Terms
  • Terms of Use
  • Privacy Policy
  • Trading Rules
  • Fee
K-Site
English
About Us
+
  • About BitKan
  • Contact Us
  • Announcements
  • VIP Program
  • BitKan Ambassador
  • Institutional Services
Products
+
  • Spot
  • Futures
  • Crypto Prices
  • Learn
  • News
  • Markets
  • How to Buy Crypto
  • BTC to USD Calculator
  • Reward
Help
+
  • Help Center
  • Email Us
  • Live Chat
  • Download APP
  • Listing Application
  • Buy Bitcoin
  • Buy Ethereum
  • Buy Dogecoin
  • Buy Altcoins
Terms
+
  • Terms of Use
  • Privacy Policy
  • Trading Rules
  • Fee
K-Site
+
  • Twitter
  • Facebook
  • Telegram
  • YouTube
  • Instagram
  • Medium
  • Linkedin
@2012-2026 BITKAN.com