Who is building AI for drug discovery and development

By David TsaiUpdated Nov 2026

Trial Stack AI (TSAI) follows the companies where AI is changing how medicines are found, tested and approved, from AI-native startups to established pharma using AI in earnest. Built from David's experience advising and talking with founders.

Founders and biotech leaders kept asking how their products stacked up in AI x Bio. Everyone had “a list”. Nobody shared theirs. So I built one.

Finding Drugs
Owning Drugs
Running Trials
AI Technology

Latest moves

Check out the latest news and announcements across the landscape of companies building with AI, from funding rounds and partnerships to acquisitions and shutdowns aka departures. Select a row to see more and dive into the source.

Latest moves

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Arrival: money or a partner coming in. Departure: acquired, sold or shut. Announcement: what a company says its AI will do or did, as Target (a goal), Claimed (said, no data) or Shown (backed by data). Terminal: round, buyer or source. Fare: dollar amount or headline number. Gate: where its AI works, from discovery to clinical, regulatory or end to end. Select a row for the news.

AI x Bio tracker

Every company, in one list

The AI x Bio tracker of all relevant companies operating in this space.

Open the tracker (opens in a new tab)
BigHatScaled4 of 4 validation checks metAI-firstDisc to Ph 1
Tempus AIScaled4 of 4 validation checks metCore productPh 2 to Market
ChaiScaled4 of 4 validation checks metAI-firstDisc to Precl
InsilicoScaled4 of 4 validation checks metAI-firstDisc to Ph 3
RecursionScaled4 of 4 validation checks metAI-firstDisc to Ph 2
SchrödingerScaled4 of 4 validation checks metCore productDisc to Ph 1
OwkinScaled4 of 4 validation checks metCore productDisc to Ph 1
insitroScaled4 of 4 validation checks metAI-firstDisc to Ph 1

Further insights

Additional visualizations to go deeper into the companies: how they got started, amounts raised, who is backing them and what stage of the pipeline they are in now.

Big pharma AI ranking

Lines and stops

Each line is a type of company in the space, and each stop is a step in drug development.

FFOOAARRDiscoveryTranslationalStart-UpConductRegulatoryFinding DrugsOwning DrugsAI TechnologyRunning Trials
  1. DiscoveryBiology, small molecules, and biologics design.
  2. TranslationalPreclinical models, toxicity, and IND preparation.
  3. Start-UpTrial strategy, site activation, and patient enrollment.
  4. ConductEDC, data monitoring, live execution, and CRO services.
  5. RegulatoryRegulatory submissions, pharmacovigilance, quality, and medical writing.
FFOOAARR
  1. DiscoveryBiology, small molecules, and biologics design.
  2. TranslationalPreclinical models, toxicity, and IND preparation.
  3. Start-UpTrial strategy, site activation, and patient enrollment.
  4. ConductEDC, data monitoring, live execution, and CRO services.
  5. RegulatoryRegulatory submissions, pharmacovigilance, quality, and medical writing.

Lines

  • Finding DrugsPure-play AI labs generating or validating candidates for partnerships without taking clinical risk.
  • Owning DrugsBiotechs utilizing internal AI platforms to advance proprietary clinical pipelines.
  • Running TrialsClinical software, patient networks, and AI-native CROs managing trial execution and compliance.
  • AI TechnologyFoundational models, R&D/clinical operating systems, and real-world data networks.

The map is a mini Gulliver's Travels representation of the lines and stops that make up the current AI x Bio landscape. It is not to scale and should not be taken as an actual representation of where companies are located, but it does have some fun surprises to explore and find.

Get in touch

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The future of medicine has never been brighter.

AI is helping scientists find new medicines sooner, run better trials and reach the patients who are waiting for them. The companies on this page are doing that work today, and I hope this tracker helps more people find them and build alongside them.

Let’s leave the world a better place.