Success rate of innovative new drug growth expected to increase
Establishment of innovative new drug development system based on AI and precision medicine
Secure ‘clinical insight’ beyond existing technology
Yuhan Corporation announced on the 3rd that it signed a extensive joint research cooperation agreement on new drug development using AI models with oncomaster and Huray Positive, companies specializing in artificial intelligence (AI) in the bio field.
According to the contract, Oncomaster and Huray positive plan to cooperate to further increase the success rate of Yuhan Corporation’s innovative new drug pipeline development.Using an AI-based treatment response prediction platform, we support the discovery of new biomarkers, selection of target carcinomas and patient groups, and development of combination therapy. Through this, the plan is to establish a precision medicine-based innovative new drug development system and present a new paradigm for new drug development.
Through this collaboration, Yuhan Corporation will introduce AI and multi-omics-based new drug development methodology in earnest. The plan is to maximize research and development efficiency and secure ‘meaningful clinical insights’ that were arduous to achieve with existing technologies.
“the pharmaceutical industry has entered an era where the convergence of data and innovation is key,” said Cho Wook-je,CEO of Yuhan Corporation. “We expect that the success rate of new drug pipeline development will significantly improve through this collaboration, as Yuhan Corporation’s AI new drug development begins in earnest.” “He said.
Wooyoung Jang, CEO of OncoMaster, said, “OncoMaster has a global leading position in the development of AI that predicts treatment responsiveness based on genome and clinical data,” and added, “We will mobilize all of our capabilities to ensure the success of Yuhan’s innovative new drug development.” .
Kim Min-beom, Donga.com reporter [email protected]
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