UAE-Backed Biotech Company Harnesses AI For New Drug Treatment
Insilico Medicine, a biotech company backed by the UAE, is making waves in the healthcare industry with its novel drug designed using artificial intelligence. The drug aims to treat idiopathic pulmonary fibrosis, a chronic lung disease that causes scarring of the lungs and breathing difficulties. The drug, INS018_055, has just completed its first dose on patients as part of Phase II trials, with plans to recruit an additional 60 people in sites across the US and China. The 12-week trial will evaluate the safety, tolerability and efficacy of the orally-delivered drug.
Feng Ren, chief scientific officer of Insilico Medicine, said, “With demonstrated potential against both fibrosis and inflammation, INS018_055 could offer another option for patients worldwide. The achievement of the first dose for INS018_055 in the Phase II clinical trial is not only an important step for Insilico, but also a milestone for AI-driven drug discovery and development. Together, we are expecting more achievements powered by AI for global unmet medical needs.”
Dr Alex Zhavoronkov, founder and co-chief executive of the health tech enterprise, is optimistic about the potential of AI-powered drug development. He said, “Initiating Phase II trials with this novel inhibitor for IPF represents a major milestone for deep generative reinforcement learning in drug discovery. We are eager to continue to advance this potentially first-in-class therapy forward to help patients in need and show the value of generative AI in drug discovery and development.”
With its state-of-the-art Generative Artificial Intelligence and Quantum Computing Research and Development Centre in the International Renewable Energy Agency headquarters in Masdar City, Abu Dhabi, Insilico Medicine is well-positioned at the forefront of AI-powered healthcare innovation. Its breakthrough drug is a testament to the tremendous promise of AI-driven drug discovery and development in tackling unmet medical needs.
WE SAID THIS: Don’t Miss…UAE To Allow Customers To Import Their Medicines After Obtaining An E-Permit
