Atomwise, Hansoh Pharma Enter Into Up-to-$1.5B AI-Based Drug Discovery Partnership

GEN | September 12, 2019

Atomwise, Hansoh Pharma Enter Into Up-to-$1.5B AI-Based Drug Discovery Partnership
Atomwise and Jiangsu Hansoh Pharmaceutical Group—the Chinese company behind this year’s largest biopharma initial public offering (IPO)—said today they have launched an up-to-$1.5 billion collaboration to design and discover potential drug candidates for up to 11 undisclosed target proteins in cancer and “multiple” other therapeutic areas. The collaboration is intended to combine Atomwise’s AI technology, medicinal chemistry, and protein structure expertise with Hansoh Pharma’s fully integrated R&D, manufacturing, and commercial capabilities, with the aim of accelerating and improving drug discovery and clinical development, Atomwise said. Atomwise uses AI for its structure-based, drug design technology, which is based on convolutional neural networks along the lines of those that recognize faces in a crowd or enable self-driving cars. Atomwise’s AI technology is designed to enable scientists to predict how well a small molecule will bind to a target protein of interest, as well as remove sole reliance on empirical screening. The company says its AtomNet platform is designed to screen billions of compounds, and has demonstrated success using homology-modeled proteins.

Spotlight

Catalent's range of drug delivery technologies helps companies because it constitutes a toolkit. Just like any other toolkit that you would use that allows you to do the most difficult jobs that you have in front of you, a broad drug delivery toolkit that ranges from controlled release and modified release technologies, to softgel, to hot-melt extrusion, allows us to be able to tackle the toughest problems that our customers have with poorly soluble molecules.

Spotlight

Catalent's range of drug delivery technologies helps companies because it constitutes a toolkit. Just like any other toolkit that you would use that allows you to do the most difficult jobs that you have in front of you, a broad drug delivery toolkit that ranges from controlled release and modified release technologies, to softgel, to hot-melt extrusion, allows us to be able to tackle the toughest problems that our customers have with poorly soluble molecules.

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Azurity Pharmaceuticals to Acquire and Merge with Arbor Pharmaceuticals

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Azurity Pharmaceuticals, Inc. and Arbor Pharmaceuticals, Inc. today announced they have entered into a definitive agreement in which Azurity will be acquiring Arbor from existing investors including JW Asset Management and KKR. Following the completion of the transaction, which is subject to regulatory approvals, Azurity and Arbor will merge, creating a leading company offering innovative, high-value products to meet the unique needs of patients with underserved conditions. Financial details of the transaction were not disclosed. “I am proud of the business that our team has built over the last ten years and am confident that the combined entity will enhance our success and provide more treatment options for patients.” “Arbor is excited to be joining forces with Azurity to further our goal of bringing innovative products to the market that improve patients’ lives,” commented Ed Schutter, CEO of Arbor. “I am proud of the business that our team has built over the last ten years and am confident that the combined entity will enhance our success and provide more treatment options for patients.” The combined company, operating as Azurity, will have a portfolio of products serving the unmet needs of patients in the cardiovascular, central nervous system, endocrinological, gastrointestinal, and institutional markets. 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