Insights

AI Driven Development Formation Bio's AI-native platforms are designed to accelerate drug development by optimizing trial design, shortening timelines, and improving data quality. This presents opportunities to expand AI-powered R&D software, analytics, and cloud-based services to other biopharma clients seeking faster, more efficient programs.

Strategic Partnerships With Sanofi and OpenAI collaborations and the Muse patient-recruitment tool, the company demonstrates a strong appetite for strategic partnerships and co-development. This creates a path to offer AI-enabled R&D tooling and recruitment solutions for large pharma programs.

Asset Acceleration The asset-first approach, including the Gusacitinib acquisition, signals ongoing demand for integrated AI workflows that speed development across multiple assets. Offer end-to-end AI design, trial optimization, and data integration services to support asset maturation.

Growth Capital A $372M Series D and revenue in the tens of millions position Formation Bio to pursue enterprise-scale deals, multi-program licenses, and broad platform adoption across a growing asset portfolio.

Industry Leadership Awards and leadership appointments, including CNBC Disruptor 50, Fierce 15, Endpoints 11 and the addition of strategic advisor Mikael Dolsten, boost credibility and help accelerate premium AI-enabled R&D partnerships with large buyers.

Similar companies to Formation Bio

Formation Bio Tech Stack

Formation Bio uses 8 technology products and services including Apache Spark, SAS, Open Graph, and more. Explore Formation Bio's tech stack below.

  • Apache Spark
    Big Data Processing
  • SAS
    Business Intelligence
  • Open Graph
    Content Management System
  • Amazon Bedrock
    Data Integration
  • Apple iCloud Mail
    Email
  • Google Sheets
    Office Suites
  • 1Password
    Security
  • KnowBe4
    Security

Media & News

Formation Bio's Email Address Formats

Formation Bio uses at least 3 format(s):
Formation Bio Email FormatsExamplePercentage
First@trialspark.comJohn@trialspark.com
78%
FLast@trialspark.comJDoe@trialspark.com
15%
First.Last@trialspark.comJohn.Doe@trialspark.com
4%
Last@trialspark.comDoe@trialspark.com
3%

Frequently Asked Questions

What is Formation Bio's official website and social media links?

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Formation Bio's official website is www.formation.bio and has social profiles on LinkedInCrunchbase.

What is Formation Bio's SIC code NAICS code?

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Formation Bio's SIC code is 8731 - Commercial Physical and Biological Research NAICS code is 541714 - Research and Development in Biotechnology (except Nanobiotechnology).

How many employees does Formation Bio have currently?

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As of July 2026, Formation Bio has approximately 201 employees across 5 continents, including North AmericaAfricaAsia. Key team members include Associate Director, Real World Data & Data Engineering: A. S.Senior Director, Gmp Qa: N. D.Associate Director Program Management: C. K.. Explore Formation Bio's employee directory with LeadIQ.

What industry does Formation Bio belong to?

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Formation Bio operates in the Biotechnology Research industry.

What technology does Formation Bio use?

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Formation Bio's tech stack includes Apache SparkSASOpen GraphAmazon BedrockApple iCloud MailGoogle Sheets1PasswordKnowBe4.

What is Formation Bio's email format?

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Formation Bio's email format typically follows the pattern of First@trialspark.com. Find more Formation Bio email formats with LeadIQ.

How much funding has Formation Bio raised to date?

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As of July 2026, Formation Bio has raised $528M in funding. The last funding round occurred on Jun 26, 2024 for $372M.

When was Formation Bio founded?

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Formation Bio was founded in 2013.
Formation Bio logo

Formation Bio

Biotechnology ResearchNew York, United States201-500 Employees

Formation Bio operates in the biotechnology sector with an AI-driven approach to drug development. It has built proprietary platforms designed to optimize critical aspects of clinical programs, aiming for faster trial execution and higher-quality data. The company acquires clinical-stage drugs from pharmaceutical and biotech partners to advance assets more quickly and extract greater value per program. Its customers are pharma and biotech organizations seeking to accelerate development timelines and improve outcomes across clinical trials. Based in New York, New York, the business is described as a mid-sized player in biotech research. In 2025, it added Mikael Dolsten as a strategic advisor, reflecting ongoing efforts to strengthen its scientific leadership.

Section iconCompany Overview

SIC Code
8731 - Commercial Physical and Biological Research
NAICS Code
541714 - Research and Development in Biotechnology (except Nanobiotechnology)
Founded
2013
Employees
201-500

Section iconFunding & Financials

  • $528M

    Formation Bio has raised a total of $528M of funding over 4 rounds. Their latest funding round was raised on Jun 26, 2024 in the amount of $372Mas a series_d.

  • $50M$100M

    Formation Bio's revenue is estimated to be in the range of $50M$100M

Section iconFunding & Financials

  • $528M

    Formation Bio has raised a total of $528M of funding over 4 rounds. Their latest funding round was raised on Jun 26, 2024 in the amount of $372Mas a series_d.

  • $50M$100M

    Formation Bio's revenue is estimated to be in the range of $50M$100M

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