Isomorphic Labs, a spinoff from Google DeepMind, aims to revolutionize drug discovery using AI, particularly leveraging the protein-structure prediction capabilities of AlphaFold2. Founded by Colin Murdoch and Demis Hassabis, the startup recently raised $600 million to expand its operations into biologics and enhance its AI capabilities, with partnerships with major pharmaceutical companies indicating strong industry interest. The goal is to significantly reduce the time and cost associated with drug development, potentially leading to breakthroughs in treating diseases like cancer and Alzheimer's.