Our business and technology momentum continues to grow, as evidenced by our new collaboration with Boehringer Ingelheim (Canada). Under the agreement, we plan to speed the process of delivering active lead compounds against an important infectious disease target
Numerate and Boehringer Ingelheim (Canada) Form Research Collaboration Based on In Silico Drug Design Technology; Drug Discovery Research to Focus on Infectious Disease Target
SAN BRUNO, CA – December 6, 2011 – Numerate, Inc., a technology platform company that is leveraging the power of cloud computing and novel computational methods to transform the drug design process, announced today that it has entered into a research collaboration with Boehringer Ingelheim (Canada) Ltd. The collaboration will utilize Numerate’s proprietary in silico drug design technology to generate novel small molecule drug leads for an undisclosed infectious disease target.
“Using our large-scale computational drug design methods, we expect to greatly reduce the time and cost of delivering new lead-stage, small molecule drug candidates in this important program for Boehringer Ingelheim,” stated Numerate chief executive officer Guido Lanza. “This collaboration is the latest in our growing number of partnerships with pharmaceutical companies that are looking to Numerate’s comprehensive in silico drug design technology to help them increase their success rate in generating novel, patentable small molecule leads.”
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.