An Expert View from Henrietta Bull, business and marketing analyst, and Robert Thong, chief executive, MultiOmic Health.
AI-enabled drug discovery companies (AIDDs) have taken the bioscience world by storm, raising more than $5.2 billion from investors in 2021, while 15 AI-enabled candidate drugs are in clinical trials, plus more than 150 at the preclinical stage1 . With hundreds of AIDDs worldwide, ranging from listed companies to brand new startups, how does one make sense of them? This article suggests some dimensions to help potential pharma collaborators or prospective investors differentiate AIDDs.
AIDDs can first be distinguished by their drug discovery role. “Treatment Concept Generators” determine where and how in the body’s complex system to intervene. Whereas “Intervention Engineers” design or improve the physical interventions. Some AIDDs do combination. Secondly, AIDDs adopt different Commercial Models.
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