Vertex invests in UK-based machine learning specialist
Boston, USA-based Vertex Pharmaceuticals (Nasdaq: VRTX) and the UK’s Genomics have announced a three-year collaboration to use human genetics and machine learning to improve discovery of targets for precision medicines.
Vertex, which has also made a £10.5 ($14 million) equity investment in Genomics, will work with the Oxford-based company to “advance understanding of the clinical impact of human genetic variation and patient stratification in diseases with significant unmet need.”
The equity investment is part of a £25 million series B round, in which investors IP Group, Woodford Investment Management and Oxford Sciences Innovation (OSI) also participated, among others.
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