• HOME
  • NEWS
  • EXPLORE
    • CAREER
      • Companies
      • Jobs
    • EVENTS
    • iGEM
      • News
      • Team
    • PHOTOS
    • VIDEO
    • WIKI
  • BLOG
  • COMMUNITY
    • FACEBOOK
    • INSTAGRAM
    • TWITTER
  • CONTACT US
Thursday, February 2, 2023
BIOENGINEER.ORG
No Result
View All Result
  • Login
  • HOME
  • NEWS
  • EXPLORE
    • CAREER
      • Companies
      • Jobs
        • Lecturer
        • PhD Studentship
        • Postdoc
        • Research Assistant
    • EVENTS
    • iGEM
      • News
      • Team
    • PHOTOS
    • VIDEO
    • WIKI
  • BLOG
  • COMMUNITY
    • FACEBOOK
    • INSTAGRAM
    • TWITTER
  • CONTACT US
  • HOME
  • NEWS
  • EXPLORE
    • CAREER
      • Companies
      • Jobs
        • Lecturer
        • PhD Studentship
        • Postdoc
        • Research Assistant
    • EVENTS
    • iGEM
      • News
      • Team
    • PHOTOS
    • VIDEO
    • WIKI
  • BLOG
  • COMMUNITY
    • FACEBOOK
    • INSTAGRAM
    • TWITTER
  • CONTACT US
No Result
View All Result
Bioengineer.org
No Result
View All Result
Home NEWS Science News Biology

Standigm secures SI investment for expanding its AI-drug development capacity

Bioengineer by Bioengineer
July 12, 2021
in Biology
Reading Time: 2 mins read
0
Share on FacebookShare on TwitterShare on LinkedinShare on RedditShare on Telegram

SK Chemicals-Standigm will collaborate for the development of Standigm’s AI-driven drug candidate

IMAGE

Credit: Standigm

Standigm Inc. (“Standigm”), a leading workflow artificial intelligence (AI) drug discovery company, and SK Chemicals Co., Ltd (“SK Chemicals”), a life science and green chemicals company, announced today that they have signed a strategic partnership contract for collaboration regarding the clinical development of Standigm’s AI-driven drug candidate for non-alcoholic steatohepatitis (“NASH”) and the foundation of Standigm’s Synthesis Research Center within the headquarters of SK Chemicals. This partnership was made in conjunction with SK Chemicals’ participation in Standigm’s pre-IPO round of fundraising.

Under the contract, SK Chemicals will collaborate with Standigm on the clinical development of the NASH drug candidate discovered by Standigm Insight™, an AI-aided drug-repurposing platform, which is expected to enter the clinical stage next year. Moreover, Standigm plans to open its Synthesis Research Center in the headquarters of SK Chemicals next month. Standigm will be able to synthesize its AI-driven drug candidates directly and efficiently.

“We are pleased that Standigm’s AI-driven drug candidate has found an experienced partner to bring it to successful clinical development,” said Jinhan Kim, co-founder and CEO of Standigm, adding, “This partnership will help us to commercialize our AI-driven drug candidates and enhance our ability and expertise in drug development.”

“Since 2019, we have had open innovation collaboration with Standigm, through which we have already experienced Standigm’s advanced technology. Our co-development effort resulted in the patent filing of a repurposed FDA-approved drug for rheumatoid arthritis (RA) last January, said Jeonghoon Kim, head of SK Chemicals research center, adding, “This positive experience convinced us that we could create greater synergy by making a strategic investment into Standigm.”

###

Media Contact
Sang Ah Lee
[email protected]

Original Source

https://www.standigm.com/news/SK_Chemicals_AI-Drug_release/

Tags: BioinformaticsBiomedical/Environmental/Chemical EngineeringBiotechnologycancerClinical TrialsHealth CareHealth Care Systems/ServicesMedicine/HealthPharmaceutical Science
Share12Tweet8Share2ShareShareShare2

Related Posts

cotton microfiber

Looking beyond microplastics, Oregon State researchers find that cotton and synthetic microfibers impact behavior and growth of aquatic organisms

February 1, 2023
Dr. Haroon Mian

UBC Okanagan engineers examine drinking water management strategies

February 1, 2023

Molecular machines could treat fungal infections

February 1, 2023

Researcher takes another step toward discovering how a brain molecule could halt MS

February 1, 2023
Please login to join discussion

POPULAR NEWS

  • Jean du Terrail, Senior Machine Learning Scientist at Owkin

    Nature Medicine publishes breakthrough Owkin research on the first ever use of federated learning to train deep learning models on multiple hospitals’ histopathology data

    65 shares
    Share 26 Tweet 16
  • First made-in-Singapore antibody-drug conjugate (ADC) approved to enter clinical trials

    58 shares
    Share 23 Tweet 15
  • Metal-free batteries raise hope for more sustainable and economical grids

    41 shares
    Share 16 Tweet 10
  • One-pot reaction creates versatile building block for bioactive molecules

    37 shares
    Share 15 Tweet 9

About

We bring you the latest biotechnology news from best research centers and universities around the world. Check our website.

Follow us

Recent News

How do you create buildings that can withstand the most extreme stress loads?

Genes responsible for coronary artery disease, world’s No. 1 killer, identified

Tuberculosis vaccine does not protect elderly against COVID-19

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 42 other subscribers
  • Contact Us

Bioengineer.org © Copyright 2023 All Rights Reserved.

No Result
View All Result
  • Homepages
    • Home Page 1
    • Home Page 2
  • News
  • National
  • Business
  • Health
  • Lifestyle
  • Science

Bioengineer.org © Copyright 2023 All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In