BioMotiv, a biopharma company, has collaborated with Atomwise, a company involved in using artificial intelligence for small molecule discovery, to co-develop therapies, it was reported yesterday.
Both firms will establish co-owned, joint development companies (JDCs) that will merge Atomwise's AI technology and BioMotiv's expertise in preclinical and clinical development to translate innovative academic and early-stage research into small molecule therapies.
BioMotiv has raised more than USD340m in collaboration with the Harrington Discovery Institute to move forward its mission – Accelerate Breakthrough Discoveries into Medicines. The partnership is intended to allow both firms to source promising targets, assays and compounds for the JDCs from the Harrington Project, the AIMS program, and research institutions around the world. They say that they will provide the joint development companies with funding, expertise in medicinal chemistry, biology and drug development and access to an established and trusted ecosystem of providers and biopharma partners.
AFYREN ingredient enables global launch of natural propionic acid skincare product
Fresenius acquires remaining stake in mAbxience
Lilly reports positive 48-week Phase 2b resu;ts for EloraTZP
Merck reports positive Phase 2b results for tulisokibart in hidradenitis suppurativa
Genentech's fenebrutinib receives FDA priority review for multiple sclerosis
Takeda reports positive Phase 3 psoriasis results for zasocitinib versus deucravacitinib
Oxurion in talks to acquire Eclevar's MedTech CRO business and assets
DBV Technologies submits FDA application for VIASKIN Peanut Patch in children
AstraZeneca invests USD2bn in Summit Therapeutics to advance ADC and cancer-drug combinations
BRC Therapeutics participates in regulators' workshop advancing botanical drug development
Viking Therapeutics closes offerings of common stock and convertible senior notes
Ascletis reports positive results from ASC50 clinical study for treatment of plaque psoriasis
4basebio announces Phase I cell therapy programme partnership with TriLink