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Home » drug development

Articles Tagged with ''drug development''

AI drug developer Aigen Sciences raises ₩12B series A

Oct. 16, 2024
By Marian (YoonJee) Chu
Backed by AI technology, Aigen Sciences Inc. raised ₩12 billion (US$8.8 million) in a series A financing round to further advance its cancer and rare disease drug pipelines.
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Drug capsule and dollar sign

Negotiated Rx prices deserving of the fanfare?

Aug. 15, 2024
By Mari Serebrov
“For us geeks, this is the trailer. This isn’t the movie,” John Stanford told BioWorld as he reacted to the prices the U.S. Centers for Medicare & Medicaid Services announced Aug. 15 for the 10 drugs selected for the first round of negotiations under the Inflation Reduction Act. While the prices are generally in line with what was expected, Stanford said they raise more questions than answers. The rationale for those prices, which must be released by March 1, will be part 1 of the movie as it should provide some insight into the price setting, said Stanford, the executive director of Incubate, a coalition of investors in the early stage life sciences sector.
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pumpkinseed
Patents

Pumpkinseed reveals systems for label-free analyte detection

Aug. 2, 2024
By Simon Kerton
In Pumpkinseed Technologies Inc.’s first public patenting, the company’s co-founders describe their development of new proteomics platform that merges nanotechnology, biochemistry, silicon photonics and machine learning for high-resolution phenotyping to deliver new biological insights.
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Xtalpi lab

China’s AI-powered Quantumpharm raises $126M in Hong Kong IPO

June 18, 2024
By Marian (YoonJee) Chu
Chinese artificial intelligence (AI)-driven drug discovery firm Quantumpharm Inc., also known as Xtalpi, began trading on the Hong Kong stock exchange June 13, listing under a new special technology listing track that lured it away from an IPO in the U.S.
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Xtalpi lab

China’s AI-powered Quantumpharm raises $126M in Hong Kong IPO

June 13, 2024
By Marian (YoonJee) Chu
Chinese artificial intelligence (AI)-driven drug discovery firm Quantumpharm Inc., also known as Xtalpi, began trading on the Hong Kong stock exchange June 13, listing under a new special technology listing track that lured it away from an IPO in the U.S.
Read More
Pill in immersive interface

Bio Korea 2024: AI teeters toward ‘necessity’ in new drug R&D

May 14, 2024
By Marian (YoonJee) Chu
As the average cost of new drug R&D continues to skyrocket, the perception around using artificial intelligence (AI) as a tool to boost drug discovery is changing. “Developing new AI-based drugs is a difficult task, not only for Korea but also for countries with leading AI technology,” Hyeyun Jung, principal researcher of Korea Health Industry Development Institute’s Center for Health Industry Policy, told the audience at the Bio Korea meeting on May 9. “But there is a change in perception; [namely that] applying AI to new drug development is not an option but a necessity.”
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Pill in immersive interface

Bio Korea 2024: AI teeters toward ‘necessity’ in new drug R&D

May 9, 2024
By Marian (YoonJee) Chu
As the average cost of new drug R&D continues to skyrocket, the perception around using artificial intelligence (AI) as a tool to boost drug discovery is changing. “Developing new AI-based drugs is a difficult task, not only for Korea but also for countries with leading AI technology,” Hyeyun Jung, principal researcher of Korea Health Industry Development Institute’s Center for Health Industry Policy, told the audience at the Bio Korea meeting on May 9. “But there is a change in perception; [namely that] applying AI to new drug development is not an option but a necessity.”
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Anvisa pilot program to spur biopharma innovation in Brazil

April 10, 2024
Anvisa launched a pilot program to help Brazilian biopharma startups navigate the regulatory path from the initial phases of product development. In addition to providing regulatory support, the goal of the program is to accelerate the process of drug innovation in the country.
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FDA advises on use of observational studies

March 20, 2024
As part of its required series of guidances on using real-world evidence, the U.S. FDA released a draft guidance in response to sponsors’ growing interest in the potential use of observational studies to contribute to a demonstration of the effectiveness or safety of a drug or biologic.
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Deliberate AIBehavioral Modalities

Deliberate AI anxiety/depression model accepted into ISTAND

Feb. 7, 2024
By Annette Boyle
In a first, the U.S. FDA accepted an artificial intelligence (AI)/machine learning-model into its Innovative Science and Technology Approaches for New Drugs (ISTAND) pilot program for drug development. The program will support use of Deliberate AI Inc.’s anxiety and depression assessment tool, called the AI-generated Clinical Outcome Assessment, as a qualified drug development tool.
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