Excelsior Sciences raises $95 million to speed small molecule drug development using AI

URLhttps://www.reuters.com/business/healthcare-pharma
SourceReuters
Date Published12/03/2025
Author NameKamal Choudhury

Additional Reshoring Information:

Company/Division name Excelsior Sciences
Parent companyExcelsior Sciences
Reshoring category:Reshoring
Year reshoring announced:2025
Domestically, the work will be done:In-house
Capital investment ($):95
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredsmall molecules
What domestic positive factors made reshoring more attractive?Government Incentives, Manufacturing/engineering joint innovation (R&D)
Government Incentive dollar amount:25,000,000
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