On Thursday, MeiraGTx Holdings plc (NASDAQ:MGTX) announced a broad strategic collaboration with Hologen Limited, a developer of multi-modal generative AI foundation models of real-world clinical data for clinical medicine and pharmaceutical drug development.
MeiraGTx will receive $200 million in upfront cash, and MeiraGTx and Hologen are forming a joint venture, Hologen Neuro AI Ltd.
Additionally, the joint venture, Hologen Neuro AI Ltd, will be funded with capital of up to …