
Drug-discovery firm nets $14.5M in Series A funding
X-37 leverages AI technology similar to facial recognition to figure out which small molecules can bind most effectively with targeted enzymes.
X-37 leverages AI technology similar to facial recognition to figure out which small molecules can bind most effectively with targeted enzymes.
The partnership will enable researchers from the Swiss drugmaker to use AI to find insights hidden in large amounts of data while also finding new approaches to personalized medicine in certain diseases and the manufacture of cell and gene therapies.
Notable CEO Matthew De Silva said the company has been able to successfully replicate its automated system, allowing for the export of the company's technology and growth of its commercial use cases.
Last month, it was reported that IBM would stop selling Watson for Drug Discovery, but executives in the field of biopharma artificial intelligence say the field is still going strong.
The partnership with the Massachusetts-based CRO could yield up to $2.4 billion in royalties for Atomwise, if projects are successful.