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Anthropic Reportedly Buys Coefficient Bio in $400 Million All-Stock Deal

The reported deal signals Anthropic’s push into life sciences ahead of a possible IPO.

Overview

  • Anthropic has reportedly acquired stealth startup Coefficient Bio in an all-stock deal just over $400 million, based on a letter obtained by Newcomer.
  • Neither Anthropic nor Coefficient Bio has given on-the-record comment in response to the reports.
  • Coefficient Bio, founded in September 2025 by ex-Genentech Prescient Design researchers Nathan Frey and Samuel Stanton, builds AI that automates lab work such as drug R&D planning and clinical regulatory strategy.
  • Reports say the team will join Anthropic’s Health Care Life Sciences group led by Eric Kauderer-Abrams.
  • The purchase would be Anthropic’s third known acquisition and aligns with a push toward a possible IPO after a $30 billion Series G that reportedly valued the company at $380 billion.