Daewoong ties up with AI firm to expand new drug indications

Tom Smith

Daewoong Pharmaceutical claimed Monday it has signed a partnership arrangement with AI-based mostly new drug developer, Oncocross. &#13 &#13 Daewoong aims to grow the indications of its new prescription drugs, Enavogliflozin and DWN12088, less than progress by grafting them to Oncocross’s gene expression sample-dependent AI platform, RAPTOR AI.  &#13 &#13 […]

Daewoong Pharmaceutical claimed Monday it has signed a partnership arrangement with AI-based mostly new drug developer, Oncocross.

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Daewoong aims to grow the indications of its new prescription drugs, Enavogliflozin and DWN12088, less than progress by grafting them to Oncocross’s gene expression sample-dependent AI platform, RAPTOR AI. 

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The drugmaker designs to develop the indications of Enavogliflozin, beneath growth as a diabetes remedy, to deal with other signs and symptoms, these kinds of as weight problems, heart sickness, and kidney conditions, it claimed.

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Daewoong Pharmaceutical CEO Jueon Seng-ho (left) and Oncocross CEO Kim Yi-rang signed a partnership deal at Daewoong’s key office in Samsung-dong, southern Seoul, on Monday. (Daewoong)

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Daewoong will also research for the likelihood of an anticancer drug from DWN12088, a polygenic danger rating (PRS) target treatment method for intractable fibrosis transpiring in the lungs, kidney and skin. 

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Making use of Oncocross’s AI system, Daewoong expects to reduce the drug enhancement method sharply, as it can find the exceptional cure combination. 

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“The grafting of new drug progress with AI platform has emerged as a new pattern,” Daewoong CEO Jeon Seng-ho said. “We hope to build a productive pipeline product via an open up collaboration of our new drug acquiring capacity and Oncocross’s bioinformatics-dependent AI platform.”

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Oncocross CEO Kim Yi-rang also explained, “We will attempt to make confident that our AI know-how and Daewoong’s new drug improvement techniques change the existing paradigm of drug improvement. We will broaden the cooperative romance with other pharmaceutical businesses, as well.”
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