|[March 14, 2012]
Numerate Forms Drug Discovery Collaboration with Merck to Utilize Numerate's In Silico Drug Design Technology
SAN BRUNO, Calif. --(Business Wire)--
Inc., a technology platform company that is leveraging proprietary
algorithms and the power of cloud computing to transform the drug design
process, announced today that it has entered into a research
collaboration with Merck, through a subsidiary. The collaboration will
utilize Numerate's proprietary in
silico drug design technology to generate novel small molecule
drug leads for an undisclosed cardiovascular disease target.
"We are pleased to add Merck, a recognized leader in drug discovery
innovation, to our growing number of pharmaceutical
collaborators," stated Numerate chief executive officer Guido Lanza.
"This collaboration is focused on increasing the speed, cost-efficiency
and likelihood of generating new small molecule drug leads through the
use of our large-scale computational drug design methods."
Numerate's drug design platform features a set of proprietary
algorithms that provide predictive models for molecular properties
with accuracies comparable to laboratory testing. Used in conjunction
with cloud computing, these algorithms enable Numerate scientists to
search through spaces of billions of compounds to rapidly and
efficiently identify those with the highest probability of activity
against a specific target.
Numerate is a privately held biotechnology company pioneering new
computational methods for making the drug design process more
data-driven, efficient and predictable. Numerate's in silico drug
design platform combines proprietary algorithms and cloud computing with
traditional medicinal chemistry approaches to address, in parallel, the
factors that determine the success and failure of a drug candidate.
Numerate applies this proprietary platform to design and develop small
molecule therapeutics in collaboration with a variety of partners in the
pharmaceutical, biotechnology, and academic fields. For more
information, please visit www.numerate.com
(corporate site) and www.numerati.com
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