Business · Companies · 13 hrs ago

Swiss startup Atlas Bio raises $12.5 million for AI drug trials

Swiss startup Atlas Bio raises $12.5 million for AI drug trials

Swiss startup Atlas Bio launched with $12.5 million in funding to develop AI tools for drug development.

The company says its model learns from about two million RNA readouts from human tissue to simulate how drugs may affect different patients.

Its virtual trials aim to identify which patients and diseases may benefit before drugmakers design a Phase II trial.

These trials are a costly stage of testing, and the company says about 70% of drugs fail there.

Atlas Bio says simulations can take 12 weeks and could help improve trial design while reducing reliance on animal studies.

In 2022, the FDA Modernization Act 2.0 removed the legal requirement for animal testing before human trials in the United States.

Atlas Bio is working with a top 10 global pharma company and is in talks with several others, but the company has not said what comes next for those discussions.

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What people are saying

Simon RomanskiAtlas Bio CEO and co-founder
Both are now becoming outdated. Human biology is finally legible to AI - and that changes the economics of this entire industry.
via Tech.eu
Atlas Bio is the end of Phase II as we know it, and the end of animal testing as the price of progress.
via Tech.eu