PostEra enters a multi-year strategic partnership with Pfizer Inc. to advance machine learning for Drug Discovery
PR87085
SAN FRANCISCO, Dec. 8, 2020 /PRNewswire=KYODO JBN/ --
PostEra (https://c212.net/c/link/?t=0&l=en&o=3004173-1&h=522007963&u=https%3A%2F%2Fpostera.ai%2F&a=PostEra ), a biotechnology
company specializing in machine learning solutions for preclinical drug discovery,
today announced a strategic partnership with Pfizer Inc. (NYSE: PFE) with the goal of
accelerating small molecule drug discovery by developing a platform technology based
on generative chemistry.
PostEra's machine learning technology is intended to accelerate the drug
discovery process by designing novel molecular structures with optimised
potency and drug-like properties. PostEra's approaches take chemical synthesis
into account, as well as incorporate design hypotheses of medicinal chemists.
Through the collaboration, the companies will leverage Pfizer's extensive data
and expertise with PostEra's technology capabilities to advance the science of
generative chemistry to produce state-of-the-art, scalable models that could
potentially be deployed across in-house, preclinical drug discovery efforts.
PostEra will receive an upfront payment and is eligible to receive additional
payments as the project progresses. PostEra will also retain ownership rights
to all algorithms developed during the collaboration.
"PostEra is delighted to be working with Pfizer to solve some of the key pain
points in preclinical drug discovery," said Aaron Morris, CEO of PostEra. "As a
team we are proud to be entering this collaboration and will be leveraging
PostEra's many advances in machine learning to help Pfizer accelerate progress
toward novel therapeutics."
"We believe that our investments in machine learning technologies could
potentially help us expedite preclinical drug discovery. PostEra's technology
complements this effort, and we look forward to seeing the results of the
collaboration," said Charlotte Allerton, Head of Medicine Design, Pfizer.
About PostEra
PostEra was founded in 2019 and its technology is built on pioneering academic
research done at the University of Cambridge. The technology addresses some of
the key challenges in drug discovery R&D by integrating molecular design with
chemical synthesis. PostEra partners with drug hunters to help expedite their
preclinical programs while also offering some of its synthesis technology via
its Manifold (https://c212.net/c/link/?t=0&l=en&o=3004173-1&h=2318415732&u=https%3A%2F%2Fpostera.ai%2Fmanifold&a=Manifold )
web platform. PostEra also launched and now helps lead the world's largest
open-science drug discovery effort; COVID Moonshot.
SOURCE PostEra
CONTACT: Aaron Morris, aaron.morris@postera.ai
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