The American company will be paying millions to CytoReason for its unparalleled models.
CytoReason, the Israel based machine learning company, that is credited for developing immune system cell-centered models that necessarily aid in drug discovery, recently entered a collaboration with American pharmaceutical corporation, Pfizer Inc.
Though the amount Pfizer is paying CytoReason has not been disclosed, it is reported that the amount will be equal to low double-digit millions of U.S. dollars that will be paid as technology access fees, success-based payments and payment as research support. Arguably, the company will earn over $10 million for the immune system cell-centered models.
The platform aids in rebuilding cellular information from gene expression data and links genes to specific cells. The information is the combined with other omics and literature data that help in creating cell-based model of the immune response that is under trial. CytoReason disease model integration empowers study analytics and aids the model in learning and improving, leading to string target discovery, indication selection and drug response biomarkers.
David Harel, CEO, CytoReason has been reported to say that collaborating with Pfizer will help in strengthening CytoReason’s models that deal in core therapeutic areas. This is reportedly the fifth major partnership for CytoReason and Harel said that he believes this partnership will help CytoReason’s models to be unmatched in accuracy for assets across the pipeline. Apparently, the model brings thousands of samples together on a cell-protein-gene level which allows accurate and rapid insights.
CSO, Inflammation & Immunology at Pfizer, Michael Vincent, has been reported to say that CytoReason’s when applied to Pfizer’s research into the human immune system can offer valuable insights. He added that taking advantage of such technologies can help Pfizer to comprehend disease and prioritize targets to bring innovative therapies to patients who require them.
