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Merck launches accelerator programme for AI startups

pharmaphorum

Digital technologies are already helping to enable target identification, lead discovery, preclinical development, and clinical development, said Merck. The hope is that by using AI and ML capabilities, the currently unpredictable process of drug development can become much more predictable, and as a result less expensive.

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Clinical success begins early for small molecule drugs

European Pharmaceutical Review

Solving this before the clinical stage ensures the viability of compounds…” Addressing bioavailability challenges in the first phases of development is essential to help create the most robust product profile and increase the potential for success as small molecule drugs move to the clinic.

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GSK partners LifeMine on fungi-derived medicines

pharmaphorum

GlaxoSmithKline has thrown its financial and drug development weight behind LifeMine Therapeutics, a US startup that aims to find new therapeutics from fungi – widely regarded as an underexplored resource of biologically-active compounds. Image by jggrz from Pixabay .

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Verge Genomics takes AI-sourced drug for ALS into clinic

pharmaphorum

Verge is one of a growing number of companies trying to tap into vast data sets to identify and develop patient response markers and hitherto unaddressed drug targets, with the aim of making drug discovery cheaper and more efficient.

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Can psychedelics provide breakthrough in mental health?

pharmaphorum

The term ‘psychedelic treatments’ incorporates a broad spectrum of different compounds, from LSD, psilocybin and DMT, to MDMA, ibogaine and ketamine. The latter compound has already been approved for treatment-resistance depression as the product Spravato (esketamine), after being developed by Janssen.

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AI and the Big Data paradigm – big ambitions in novel drug discovery

pharmaphorum

The industry now hopes that feeding the same limited experiential data to AI may help tweak existing drug-like compounds slightly faster than before. Unfortunately, using AI in this manner does nothing to help find new drugs for all the diseases we can’t treat today.”. Bucking the compound library trend, and the future.

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Formulation development outsourcing market to be worth over $60bn by 2030

European Pharmaceutical Review

According to a recent report , the global formulation development outsourcing market size should grow to $61.4 billion by 2030, expanding at a compound annual growth rate (CAGR) of 7.2 For instance, in 2020, Merck’s R&D cost was approximately $2.5 percent from its 2022 value of $35.1