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Pharma companies historically prefer buying services over software

Sahir Raoof launched his first solo VC fund to invest in startups using AI to automate pharmaceutical drug development and clinical trial analysis.

Field
business and funding
What they did
Investor Sahir Raoof raised $27.5 million for his first VC fund to support startups using AI for drug development.
Why it matters
This could help pharmaceutical companies automate processes like compound synthesis and clinical trial analysis, reducing their reliance on external service providers.
#venture capital#ai#drug development#pharmaceuticals

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