Friday, November 22, 2024

Turbine Hits Milestone in Ono Pharmaceutical Deal

Related stories

Deep Instinct Expands Zero-Day Security to Amazon S3

Deep Instinct, the zero-day data security company built on...

Foxit Unveils AI Assistant in Admin Console

Foxit, a leading provider of innovative PDF and eSignature...

Instabase Names Junie Dinda CMO

Instabase, a leading applied artificial intelligence (AI) solution for...
spot_imgspot_img

Turbine has successfully completed the first phase of its oncology target identification and validation collaboration with Ono

Turbine, the biological simulation company using AI to build a digital lab for predictive computational models of human cells and tissue, announced that Ono Pharmaceutical Co., Ltd. has selected multiple targets identified using Turbine’s in silico Simulated Cell™ platform for further development. Turbine will now lead in vitro validation of the identified targets in one of Ono’s priority cancer biology domains, in consultation with Ono.

“Achieving this milestone so quickly speaks to the speed and power of our digital laboratory platform, which models foundational protein signaling logic to target disease and position therapeutic assets for clinical success,” said Szabolcs Nagy, Turbine’s co-founder and Chief Executive Officer. “All within just a year, we built, trained, and tested the optimal avatars to identify targets within Ono’s priority domain, screened for all relevant perturbations, then filtered and translated millions of in silico experiments to find key hypotheses ready for validation in our wet lab. Our insights included causal factors for each target’s mechanism of action, which should simplify and speed up validation. We’re looking forward to working with our colleagues at Ono to advance this important work.”

Also Read: Noetik Joins 2024 AWS Generative AI Accelerator

Under the terms of the collaboration, which was announced in October 2023, Turbine will receive a milestone payment for completing this phase of the research program. As Turbine leads in vitro validation studies of the selected targets in its state-of-the-art wet laboratory facilities, it will consult with Ono’s experts on plans and expected outcomes. Turbine will be eligible for additional payments related to the validation process, as well as for progress of drug development and commercialization by Ono.

“Ono is committed to innovating transformative therapies that improve outcomes for cancer patients, and identifying novel targets with robust scientific support is essential for achieving this goal,” said Seishi Katsumata, Corporate Officer/Executive Director, Discovery & Research of Ono. “Turbine has provided multiple targets that have first-in-class potential, along with the biology-driven insights necessary to rapidly validate this potential. We’re excited to move these targets forward and expect that the collaboration will consequently lead to providing a new therapeutic option to cancer patients as soon as possible.”

Source: Businesswire

Subscribe

- Never miss a story with notifications


    Latest stories

    spot_img