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Gilead Sciences is forming a 3-year partnership with the machine-learning and genomics start-up Insitro to discover drug targets for nonalcoholic steatohepatitis. Insitro will earn $15 million up front and up to $35 million in near-term payments. The start-up could also get up to $200 million for each of five targets the duo pursues. Insitro also disclosed that it raised $100 million in its series A financing.
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