MedPath

Molina Healthcare

🇺🇸United States
Ownership
-
Employees
18K
Market Cap
-
Website

MultiOmic Health and Alloy Therapeutics Partner to Develop Precision Kidney Medicines Using AI

• MultiOmic Health and Alloy Therapeutics have signed an agreement to jointly discover and develop first-in-class renal tissue-targeting drugs for chronic kidney conditions using AI-enabled precision medicine approaches. • The collaboration will leverage MultiOmic's ability to identify fast-progressing patient subpopulations and novel drug targets, while Alloy will deploy its bispecific antibody and genetic medicine platforms to engineer kidney-specific therapeutics. • A new asset-centric company, tentatively called "RenalDevCo," will be established through Alloy's venture studio to commercialize the therapies, with both companies receiving equity stakes and milestone payments.
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