Ono Enters into a Research Collaboration Agreement with InveniAI to Identify Novel Therapeutic Targets [Yahoo! Finance]
ONO PHARM CO UNSP/ADR (OPHLY)
NASDAQ:AMEX Investor Relations:
ono.co.jp/eng/investor/index.html
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Source: Yahoo! Finance
it has entered into a research collaboration agreement with InveniAI ® LLC ( Guilford, Connecticut , USA; President and CEO: Krishnan Nandabalan ; "InveniAI"), to identify novel therapeutic targets by leveraging cutting-edge InveniAI's artificial intelligence (AI) and machine learning (ML). Under the terms of the agreement, InveniAI will identify novel therapeutic targets in multiple diseases specified by Ono by leveraging InveniAI's AlphaMeld ® and ChatAlphaMeld TM , its AI drug discovery platforms including cutting-edge technologies, such as powerful AI and ML algorithms and Generative AI tools, and propose drug discovery hypotheses for optimization. Ono will conduct validation studies to confirm the hypotheses for multiple therapeutic target candidates identified based on InveniAI's drug discovery hypotheses. Ono will retain exclusive rights to develop and commercialize drug candidates generated through this collaboration worldwide. "We appreciate InveniAI's proprietary AI and
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