History
In December 2022, Isomorphic Labs announced its second office location in Lausanne, Switzerland.[7][9]
In January 2024, Isomorphic Labs partnered with Novartis AG and Eli Lilly and Company to work together on AI drug discovery and research.[10]
In May 2024, Google DeepMind and Isomorphic Labs announced the release of AlphaFold 3, an artificial intelligence and foundation model platform. Available for free on the AlphaFold server for non-commercial research, the platform was developed by training it with nearly 100,000 known proteins.[11] AlphaFold 3 can predict how proteins fold and the interactions with molecules typically found in drugs such as ligands or antibodies, which is expected to significantly accelerate drug discovery.[12]
In November 2024, preliminary results of CASP16 showed AlphaFold 3-based models did not significantly outperform older methods for predicting protein-ligand interactions. The top performing models in the CASP16 Pose Prediction for Pharma Targets section were ClusPro[13] and CoDock[14] utilizing AlphaFold 2 based predictions, human visual inspection, and manual adjustments.[15]
In April 2025 Isomorphic Labs raised $600 Million in its first ever external funding round, led by Thrive Capital.[16][17]
In February 2026, the company announced its Drug Design Engine, which doubled the performance of AlphaFold 3 on a protein-ligand structure prediction generalization benchmark, predicts small molecule binding-affinities with higher accuracy than physics-based methods at a small fraction of the time and cost, and identified new binding pockets on target proteins using only the amino acid sequence.[18]