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Accenture Invests in 1910 Genetics for AI-Powered Drug Discovery

The Owner Press by The Owner Press
November 1, 2024
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What You Ought to Know: 

– Accenture has made a strategic funding, by means of Accenture Ventures, in 1910 Genetics, a biotechnology firm revolutionizing drug discovery with its AI-powered platform. Phrases of the funding weren’t disclosed.

– The strategic collaboration will mix Accenture’s experience in scaling AI options with 1910 Genetics’ modern expertise to assist biopharmaceutical corporations speed up drug improvement, cut back prices, and ship simpler therapies to sufferers.

1910 Genetics’ ITO™ Platform: Remodeling Drug Discovery with AI

1910 Genetics’ proprietary Enter-Remodel-Output (ITO™) platform is a complete AI answer designed to reinforce the drug discovery course of throughout varied modalities and therapeutic areas. This multi-AI agent system leverages federated studying and various information streams to:

  • Enhance Goal Identification: Establish promising drug targets with larger precision.
  • Optimize Molecule Design: Design and optimize drug molecules for improved efficacy and security.
  • Conduct Superior Simulations: Simulate drug interactions and predict medical outcomes with larger accuracy.

By facilitating data-driven decision-making, the ITO™ platform will increase the likelihood of medical trial success, shortens improvement timelines, and reduces the general value of drug discovery.

Accenture’s Experience in Scaling AI Options

Accenture’s deep understanding of AI implementation and scaling might be instrumental in serving to biopharmaceutical corporations seamlessly combine 1910 Genetics’ AI platform into their present drug improvement pipelines. This collaboration will allow corporations to:

  • Speed up Drug Improvement: Convey new therapies to market sooner by leveraging AI-powered insights.
  • Cut back Prices: Optimize R&D processes and cut back bills related to conventional drug discovery strategies.
  • Enhance Affected person Outcomes: Develop simpler and reasonably priced therapies for a wider vary of ailments.

“In our discussions with biopharma corporations, the will for AI transformation of their conventional R&D processes is obvious,” stated Jen Nwankwo, PhD, founder and CEO of 1910 Genetics. “It’s additionally clear that 1910’s end-to-end AI platform—from in silico to the moist lab and again—addresses the challenges that biopharma corporations face with level options. By collaborating with Accenture, we intention to deliver 1910’s AI platform to biopharma corporations as an enterprise-wide horizontal infrastructure that breaks down obstacles in information, mannequin, and computing energy to speed up the invention and improvement of each small and huge molecule therapeutics throughout all therapeutic areas.”



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Tags: AccentureAIPoweredDiscoveryDrugGeneticsInvestsThe School of Tech
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