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Home » AI

Articles Tagged with ''AI''

I-Mab partners with mRNA and AI-enabled companies to develop pipeline

July 12, 2021
By Doris Yu
I-Mab Biopharma Co. Ltd. announced collaborations with mRNA biotech company Immorna (Hangzhou) Biotechnology Co. Ltd. and AI-enabled R&D company Neox Biotech Co. Ltd., gaining access to transformative technologies to discover and develop oncology therapeutics.
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Silhouette with AI illustration

Having to explain itself makes for better AI decisions

June 11, 2021
By Anette Breindl
Researchers at the University of Washington reported in the May 31, 2021, issue of Nature Medicine that artificial intelligence (AI) algorithms meant to recognize COVID-19 infections based on chest X-rays picked up on confounders, selecting “shortcuts” such as patient age or positioning in the X-ray as a basis for their predictions.
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Pill in immersive interface

Exscientia and BMS expand AI drug discovery deal, with potential $1.2B+ value

May 19, 2021
By Michael Fitzhugh
Building on a deal first struck in 2019, artificial intelligence (AI) specialist Exscientia Ltd. has agreed to take responsibility for a multitarget drug discovery collaboration with Bristol Myers Squibb Co. that could be worth more than $1.2 billion in all. The expanded collaboration, first established with BMS-acquired Celgene Corp., includes $50 million in up-front funding, up to $125 million in near to mid-term potential milestones, plus additional clinical, regulatory and commercial payments. It remains focused on small-molecule drug candidates in areas including oncology and immunology.
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Cumulus headset

Cumulus raises £6M for EEG treatment tracking system

May 7, 2021
By Nuala Moran
LONDON – Cumulus Neuroscience Ltd. has raised £6 million (US$8.3 million) to advance development of its home use wearable headset for tracking response to treatment in clinical trials in psychiatric disorders and neurodegenerative diseases, including Alzheimer’s.
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European Commission headquarters

European Commission floats broad framework for regulation of artificial intelligence

May 6, 2021
By Mark McCarty
The European Commission posted a draft legislative framework for regulation of artificial intelligence, a document that spans all potential uses of such algorithms rather than just medical ones.
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European Commission headquarters

European Commission floats broad framework for regulation of artificial intelligence

May 5, 2021
By Mark McCarty
The European Commission posted a draft legislative framework for regulation of artificial intelligence (AI), a document that spans all potential uses of such algorithms rather than just medical ones. The text seems to suggest that all medical uses of AI will be deemed high-risk uses, but this draft is just the opening salvo in a process that will span a year, perhaps longer, before the legislation will be drafted and finalized.
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Aman Kant, chief business officer, Inveniai

Shionogi bags agreement for Inveniai’s AI drug discovery platform Alphameld

April 29, 2021
By Gina Lee
HONG KONG – Shionogi & Co. Ltd. has inked a multitarget drug discovery collaboration for Inveniai LLC’s artificial intelligence and machine learning platform Alphameld. Inveniai is eligible to receive up to $200 million per program through a combination of up-front payments, development and commercial milestones, and royalties.
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South Korean won

South Korea’s Pharmcadd bags $16M in series B financing, plans 2022 IPO

April 26, 2021
By Gina Lee
HONG KONG – Pharmcadd Co. Ltd., a developer of an artificial intelligence (AI) and physics-based drug discovery platform, bagged ₩17.3 billion (US$15.5 million) in its series B funding. This brings the total funds raised since its establishment to $22 million.
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Exscientia building out AI-derived pipeline with $40M series C extension

March 5, 2021
By Nuala Moran
LONDON – Artificial intelligence (AI) drug design specialist Exscientia Ltd. has completed a sizable extension to its series C, adding a further $40 million to the $60 million raised in May 2020.
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Health professional touching screen, digital/medical icons

Hummingbird taps Tempus’ AI for clinical trial in rare NRG1 fusion patients

Dec. 22, 2020
By David Ho
HONG KONG – Hummingbird Bioscience Pte. Ltd. is collaborating with artificial intelligence (AI) company Tempus Labs Inc. to advance HMBD-001, a differentiated anti-HER3 neutralizing antibody developed using Hummingbird's Rational Antibody Discovery platform, into clinical trials in HER3-driven cancers.
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