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0.000108885017421591 0.000108885017421591 0.00696864111498254 0.0127395470383275 0.00718641114982572 0.0190548780487804 0.0108885017421603 0.00261324041811842
Stock impact report

IBN Coverage: D-Wave (NYSE: QBTS), Japan Tobacco Announce Partnership to Leverage Quantum Computing in Drug Discovery [Yahoo! Finance]

D-Wave Quantum Inc. Common Shares (QBTS) 
Company Research Source: Yahoo! Finance
LOS ANGELES, CA - ( NewMediaWire ) - October 3, 2024 - D-Wave Quantum Inc. (NYSE: QBTS) ("D-Wave"), a leader in quantum computing systems, software and services, and the pharmaceutical division of Japan Tobacco Inc. ("JT") announced plans to partner on a joint proof-of-concept project to explore the use of quantum computing technology and artificial intelligence ("AI") to accelerate the speed and quality of the drug discovery process, i.e., "Quantum AI-driven Drug Discovery." The project aims to pioneer a new process for discovering first-in-class' pharmaceutical small compounds. Upon completion of the proof-of-concept project, JT's pharmaceutical division intends to further advance the developed Quantum AI-driven Drug Discovery analysis systems and eventually apply the quantum computing technology in production operations. "Pharmaceutical companies need to maintain competitiveness while addressing the challenges of difficulty, uncertainty, and duration in new drug development, cre Show less Read more
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