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STAT+: Recursion, the AI drug development company, cuts more jobs after finalizing Exscientia merger

STAT

Recursion Pharmaceuticals, one of the most advanced companies using artificial intelligence and machine learning tools to expedite drug development , laid off employees after closing a merger last week. Continue to STAT+ to read the full story…

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STAT+: AI drug developers Recursion, Exscientia to merge

STAT

Two of the leading companies in the AI drug development field, Recursion Pharmaceuticals and Exscientia, said Thursday that they will merge into one company. The new company will continue using the Recursion name and be led by Recursion co-founder and CEO Chris Gibson.

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Digital transformation can accelerate drug development and discovery process

Express Pharma

For example, in February 2020, BenevolentAI, a company specialising in the application of AI and machine learning in drug discovery and development, used its AI drug discovery platform to identify approved drugs that could potentially be used against COVID-19 infection, facilitating faster repurposing of existing drugs.

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STAT+: Eli Lilly, Insitro ink a new kind of AI drug development deal

STAT

Machine-learning drug development company Insitro has inked three agreements with Eli Lilly for new medicines for metabolic diseases.

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FDA issues first recommendations on AI for drug development

European Pharmaceutical Review

FDA has previously published a discussion paper that was produced to inform its guidance on AI in pharmaceutical drug development. The post FDA issues first recommendations on AI for drug development appeared first on European Pharmaceutical Review. Article: Adopting AI for R&D in 2025 what needs to be addressed?

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STAT+: Drug development was once a marathon. New tools and timelines are turning it into a sprint

STAT

Drug development is more of a sprint than a marathon these days, thanks to more and better ways to target underlying biology and a more nuanced interpretation of precision medicine, three biotech leaders said at the STAT Breakthrough Summit East in New York Thursday.

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The Benefits of Integrated CDMO Services: Streamlining Drug Development and Manufacturing

Drug Patent Watch

This shift has led to the emergence of integrated contract development and manufacturing organizations (CDMOs), which provide end-to-end support for drug developers. Reshaping drug development through CRO/CDMO integration. Integrated CDMO and CRO Services Creates Innovation in Early-Stage Drug Development.