Roger Perlmutter, the head of research and development at Merck, is joining the board of Insitro, a firm focused on using artificial intelligence to discover drugs. Insitro, backed with $243 million in venture capital from firms including Casdin Capital and ARCH Venture Partners, was founded by Daphne Koller, known for co-founding Coursera, the online learning firm, and working at Calico, a drug discovery arm of Alphabet. The company has a research partnership with Gilead Sciences. Unlock this article by subscribing to STAT Plus and enjoy your first 30 days free! STAT Plus is STAT's premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis.