TDB signs Rs 86 crore deal with Peptris for AI-driven drug development

New Delhi, Oct 12 (UNI) The Technology Development Board (TDB) under the Department of Science and Technology has signed an agreement with Bengaluru-based Peptris Technologies Private Limited to provide Rs 86 crore in financial support for advancing four artificial intelligence-discovered drug candidates towards clinical development. The project, titled VIGOR (Advancing AI-Discovered Molecules from Bench to Clinic), has a total cost of Rs 172 crore and will receive funding under the government's Research Development and Innovation (RDI) Fund through optionally convertible debt, the ministry of Science and Technology said in a statement. . The three-year programme aims to advance four drug…