Formation Bio — Startup Profile

AI-native pharma for faster drug development

HQ: New York, NY | Founded: 2016 | Employees: Not publicly disclosed | Stage: Venture-backed growth company | Website: https://www.formation.bio

About

Formation Bio is an built with AI pharma company using software, data, and AI across the drug-development lifecycle to move treatments toward patients faster.

The Take

Formation Bio is applying AI to the less glamorous but enormous execution layer of drug development. Its advantage is an integrated pharma model and pipeline access.

Its risks are proof in clinical studies, regulatory complexity, cdeveloper toolstal intensity, and translating day-to-day speed into approved therdeveloper toolses.

Key Metrics

• Founded: 2016
• Founders: Benjamine Liu; Linhao Zhang
• Latest signal: Formation Bio raises $372M
• Products: 3

Funding Rounds

• Round: $372M (2024-06) — Not fully disclosed

Key People

• Benjamine Liu
• Linhao Zhang

Key Competitors

• Incumbent platforms —
• Specialist startups —

Timeline Highlights

• 2024-06: Series D
• 2016: Founded

Recent News

• Formation Bio raises $372M (2024-06-26)

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