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PFE Pfizer Inc

27.86
0.16 (0.58%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Pfizer Inc NYSE:PFE NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.16 0.58% 27.86 27.905 27.52 27.86 60,567,753 00:59:06

Insilico enters into research collaboration with Pfizer Inc. to explore novel data and artificial intelligence system for pot...

14/01/2020 1:30pm

PR Newswire (US)


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NEW YORK, Jan. 14, 2020 /PRNewswire/ --  Insilico Medicine is pleased to announce that it has entered into a research collaboration with Pfizer Inc. (NYSE: PFE) to utilize Insilico's machine learning technology and proprietary Pandomics Discovery Platform with the aim of identifying real-world evidence for potential therapeutic targets implicated in a variety of diseases.

Insilico Collaborates with Pfizer on Novel Data and Artificial Intelligence System for Target Discovery.

"Insilico is advancing its latest target identification systems utilizing machine learning, generative biology methods, and synthetic data generation pipelines, and we are pleased to be collaborating with Pfizer on its target identification efforts," said Alex Zhavoronkov, PhD, founder, and CEO of Insilico Medicine.

"We look forward to working with Insilico as Pfizer continues to explore new technologies that may be able to help us identify targets and biomarkers that could assist in our discovery programs, and potentially lead to breakthrough therapeutics for patients with unmet medical needs," said Morten Sogaard, Vice President, Target Sciences, Pfizer.

In September 2019, Insilico Medicine announced a $37 million round led by prominent biotechnology and AI investors.

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 published some of the results in Nature Biotechnology, and secured $37 million in series B funding. Since its inception, Insilico Medicine raised over $52 million, published over 70 peer-reviewed papers, applied for over 20 patents, and received multiple industry awards.

Website http://insilico.com/

Media Contact
For further information, images or interviews, please contact:
ai@insilico.com

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/insilico-enters-into-research-collaboration-with-pfizer-inc-to-explore-novel-data-and-artificial-intelligence-system-for-potential-therapeutic-targets-300986562.html

SOURCE Insilico Medicine

Copyright 2020 PR Newswire

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