Insilico Medicine has announced that it has entered into a research collaboration agreement with Astellas Pharma Inc. to utilize Insilico Medicine's novel generative artificial intelligence technology aimed at accelerating development of candidates against a conventionally challenging target family. This collaboration builds on AI platform developed by Insilico Medicine and will apply Astellas' expertise in drug discovery.
"Astellas
is at the forefront of innovation in drug discovery and is seen as a
leader in developing and acquiring new emerging technology. This
collaboration will exploit the capabilities of our entire generative
chemistry platform which experienced exponential increases in
performance and quality over the past few years. We are very happy to
collaborate with some of the most intelligent and sophisticated
scientists in the world on a very interesting target which, has no known
examples to learn from, and our platform utilizing meta learning,
zero-shot generative reinforcement learning, and genetic algorithms,
holds a lot of promise," Alex Zhavoronkov, PhD, founder, and CEO of
Insilico Medicine.
Under
the terms of the agreement, Insilico Medicine will receive an upfront
payment and milestones. Insilico Medicine will closely collaborate with
Astellas, which will synthesize, optimize and characterize the molecules
generated using artificial intelligence.
"We
are excited to collaborate with Astellas' experienced drug discovery
team in applying our state-of-the-art AI technologies in molecular
generation for this high-value previously challenging target family.
Insilico Medicine is a world leader in artificial intelligence for drug
discovery and the original inventor of the many approaches. We believe
that this collaboration with one of the most innovative pharmaceutical
companies will help deliver the much needed drugs to the patients
sooner," said Jimmy Yen-Chu Lin, PhD, CEO of Insilico Medicine Taiwan.
Earlier this year, Insilico Medicine's generative chemistry technology was highlighted by the MIT Technology Review as a breakthrough of 2020, and is actively used to generate novel chemistry for the key SARS-CoV-2 proteins.
About Astellas Pharma Inc
About Insilico Medicine Since
2014 Insilico Medicine is focusing on generative models, reinforcement
learning (RL), and other modern machine learning techniques for the
generation of new molecular structures with the specified parameters,
generation of synthetic biological data, target identification, and
prediction of clinical trials outcomes. Recently, Insilico Medicine secured $37 million in series B funding. Since its inception, Insilico Medicine raised over $52 million, published over 80 peer-reviewed papers, applied for over 25 patents, and received multiple industry awards.
Website http://insilico.com/
No comments:
Post a Comment