Exscientia outline robot and AI use in drug discovery workflow [Yahoo! Finance]
Exscientia Plc - American Depositary Shares (EXAI)
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Source: Yahoo! Finance
AI-driven pharma tech company Exscientia detailed how robotics and AI can be used to automate its entire end-to-end drug discovery workflow, at the ELRIG Drug Discovery 2024 meeting in London, UK, on 2 to 3 October. Redhead detailed that the number of AI-designed molecules entering clinical trials has been increasing at an exponential rate since 2016, according to a publication by the Boston Consulting Group. Additionally, early data shows an 80% Phase I success rate for AI-designed molecules compared to a 15% industry average. The Oxford-headquartered company's automated system focuses on flexibility to run a variety of assays, rather than high-throughput screening (HTS). This allows the system to rapidly test and understand complex targets and mechanisms. “Traditional assaying automation is focused on HTS, and that means a human will look after the stocks and take them out of freezers. A human will prepare them on the bench. A human will load up the robot, and the robot will
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News
- Recursion: No News Isn't Good News When It Comes To Vanilla Pipeline [Seeking Alpha]Seeking Alpha
- Recursion and Exscientia, two leaders in the AI drug discovery space, have officially combined to advance the industrialization of drug discovery [Yahoo! Finance]Yahoo! Finance
- AI in Healthcare Market to Grow by USD 20.34 Billion (2024-2028), Driven by Healthcare Digitization, AI-Powered Report Highlights Market Transformation - TechnavioPR Newswire
- Recursion and Exscientia Shareholders Approve the Proposed Combination [Yahoo! Finance]Yahoo! Finance
- Artificial Intelligence in Drug Discovery Market to Hit USD 6.89 Billion by 2029 with 29.9% CAGR | MarketsandMarkets™PR Newswire
EXAI
Earnings
- 8/15/24 - Miss
EXAI
Sec Filings
- 11/20/24 - Form S-8
- 11/20/24 - Form S-8
- 11/20/24 - Form 6-K
- EXAI's page on the SEC website