Palo Alto, CA – June 22, 2023 – After several years of stealth development, SandboxAQ today formally announced its biopharma molecular simulation division, AQBioSim, and some of its customers. The division is helping biopharma and research institutions achieve breakthroughs in treatments for cancer, Alzheimer’s, Parkinson’s, and other conditions. The company is currently working with a range of biopharma companies and university research labs, including AstraZeneca, Sanofi and UC San Francisco. Paul Hudson, CEO of Sanofi said, “We are very interested in the work SandboxAQ is doing to revolutionize drug discovery and development via in-silico simulation of molecular interactions using AI and quantum technologies. SandboxAQ’s leapfrog technology could significantly impact both preclinical and clinical development of drugs, and we look forward to seeing how it could support us in delivering life-changing treatments to patients worldwide, faster.” “SandboxAQ is at the forefront of combining AI and quantum techniques to address large, enterprise challenges. SandboxAQ’s technology is revolutionizing the drug discovery and development process,” said Eric Schmidt, Chairman of the Board of SandboxAQ. “Through collaboration with Sanofi, UCSF and others, SandboxAQ is reducing the time and cost of bringing life-saving treatments to the clinic. This is just the beginning of the applications of AQ technology across our economy.” SandboxAQ improves upon existing methods by delivering faster time-to-solution, while retaining accuracy. Initial customer milestones show that these technologies can decrease the time and cost of developing new therapies, and de-risk drug portfolios before entering preclinical and clinical stages. "Our AQ-powered solutions accelerate the drug discovery and development process, mitigating its slow, complex, and error-prone nature," said Nadia Harhen, leader of the AQBioSim division. "By shortening the discovery funnel, de-risking portfolios, and uncovering winning formulas earlier, we empower bio-pharma companies and research institutions to prioritize promising compounds, accelerate therapy development, extend patent lifetimes, drive revenue growth, and get cures to patients faster." The technologies were leveraged through a collaboration with UCSF’s Institute for Neurodegenerative Diseases in an effort to apply AI-powered simulation to rapidly identify potential therapies for neurodegenerative disorders. As part of the development, the researchers used SandboxAQ’s proprietary Absolute Free Energy Perturbation (AQ-FEPTM) software to generate thousands of predictions of molecular interactions, leading to some exciting new compounds… Read the full press release here.
News
Press Release: SandboxAQ Announces Biopharma Molecular Simulation Division to Speed Life-Saving Drugs to Patients Through AI and Quantum SolutionsBy Jenny Reed
Palo Alto, CA – June 22, 2023 – After several years of stealth development, SandboxAJune 22, 2023