Latest Developments in North America Artificial Intelligence Ai In Drug Discovery Market

back-icon

Back to Report

Request for TOC Request for TOC Speak to Analyst Speak to Analyst Free Sample Report Free Sample Report Inquire Before Buying Inquire Before Buy Now Buy Now

Latest Developments in North America Artificial Intelligence Ai In Drug Discovery Market

  • Healthcare
  • May 2024
  • North America
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

  • In May 2024, Pfizer Inc. announced an expanded partnership with Tempus, a leader in AI and precision medicine, to integrate real-time AI-driven analytics into its oncology clinical trials. This collaboration aims to accelerate patient identification and optimize trial protocols, reinforcing Pfizer’s commitment to AI-enabled drug development and personalized medicine initiatives across the U.S.
  • In April 2024, Insilico Medicine, a U.S.-based biotech company utilizing AI for drug discovery, revealed the initiation of a Phase I clinical trial for a novel AI-designed drug targeting idiopathic pulmonary fibrosis. This milestone marks one of the first AI-generated drug candidates to reach human trials, highlighting the growing maturity and potential of AI platforms in transforming early-stage discovery into viable therapies
  • In February 2024, Atomwise Inc., headquartered in California, entered into a multi-target drug discovery collaboration with Sanofi. This partnership leverages Atomwise’s AI-based structure-based drug design capabilities to identify novel small molecule candidates. The agreement emphasizes the pharmaceutical industry’s increasing reliance on AI to address complex therapeutic targets more efficiently
  • In January 2024, XtalPi Inc., a U.S.-China dual-headquartered AI drug discovery company, announced the launch of its North America Innovation Center in Boston, Massachusetts. The new center will focus on quantum physics-based molecular modeling and generative AI for novel drug design, further positioning Boston as a hub for biotech innovation and expanding XtalPi’s capabilities in AI-powered R&D
  • In December 2023, Recursion Pharmaceuticals, a Salt Lake City-based clinical-stage biotechnology company, secured a partnership with NVIDIA to integrate high-performance computing and AI to accelerate the discovery of therapeutics across rare diseases. This collaboration reflects the convergence of AI, large-scale biology, and computational platforms to unlock faster and more scalable drug discovery pipelines