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BenevolentAI Achieved 3rd Milestone in Collaboration with AstraZeneca

Written by : Trishti Pariwal

July 17, 2023

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A continuing partnership between BenevolentAI and AstraZeneca business which specializes in medication discovery and development has reached its third milestone successfully.

The accomplishment represents a significant advancement in the effort to revolutionize drug discovery by utilizing the power of AI. The collaboration of both organizations seeks to use BenevolentAI's cutting-edge AI technology to accelerate the discovery and development of new therapies. BenevolentAI's AI-driven drug discovery platform and AstraZeneca's experience in pharmaceutical research and development will be combined to address the difficult problems associated with getting new medicines to patients.

The third milestone achieved shows how well its AI technology works at finding prospective medication targets and treatments. The company successfully analyzed enormous volumes of data using its advanced algorithms to discover unique insights into disease mechanisms and therapy pathways. These findings have the potential to open up new avenues for the development of innovative treatments for a range of diseases.

"We are delighted to have achieved this important milestone in our collaboration with AstraZeneca," said Joanna Shields, CEO of BenevolentAI. "Our AI platform has once again demonstrated its immense potential in accelerating the discovery of novel drug candidates.'

The pharmaceutical sector has become interested in AI-enabled drug discovery collaboration due to its potential to reduce and possibly even eliminate the current time-consuming and expensive drug development process. The partners hope to speed up the delivery of innovative therapies to patients by utilizing AI to cut down on the time and resources needed to identify and validate prospective drug targets.

Dr. Menelas Pangalos, Executive Vice President, Research and Development, Biopharmaceuticals, AstraZeneca, also expressed enthusiasm about the collaboration, stating, "The progress we have made with BenevolentAI reinforces our belief in the power of AI to drive significant advancements in drug discovery. This collaboration has been marked by a strong synergy between our teams, and we look forward to continuing our work together to bring new medicines to patients in need."

The third milestone has been successfully completed, and BenevolentAI and AstraZeneca will now work closely together to further their drug discovery efforts. Both businesses are still dedicated to using AI to learn new things about illnesses, create more accurate treatments, and enhance patient outcomes.


About Chime India

The College of Healthcare Information Management Executives (CHIME) is an executive organization dedicated to serving senior digital health leaders. CHIME includes more than 5,000 members in 56 countries and two US territories and partners with over 150 healthcare IT businesses and professional services firms. CHIME enables its members and business partners to collaborate, exchange ideas, develop professionally and advocate the effective use of information management to improve the health and care throughout the communities they serve. CHIME's members are chief information officers (CIOs), chief medical information officers (CMIOs), chief nursing information officers (CNIOs), chief innovation officers (CIOs), chief digital officers (CDOs), and other senior healthcare leaders. The CHIME India Chapter became the first international chapter outside North America in 2016 and is now a community of over 70+ members in India. For more information, please visit www.chimecentral.org

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