07 Jan 2025: PostEra announces expansion to $610M in their AI drug discovery collaboration with Pfizer
PostEra has expanded its partnership with Pfizer to include a new ADC collaboration and extend their $260M AI Lab agreement, building on their previous Generative Chemistry partnership
The teams will use PostEra’s AI platform, Proton, to optimize small molecule therapeutics and ADC payloads
PostEra will receive $12M upfront and be eligible for milestone payments and royalties on approved products
After three years of collaboration on small molecule programs, PostEra and Pfizer will expand their partnership to include additional targets, with PostEra receiving further payments and royalties
This third partnership with Pfizer highlights Proton’s impact on drug discovery
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