Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the pharma industry. This time, you get to discover five hand-picked artificial intelligence (AI) startups impacting the pharma industry.
Out of 903, the Global Startup Heat Map highlights 5 Top AI Startups impacting the Pharma Industry
The insights of this data-driven analysis are derived from the Big Data and Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering 2 093 000+ startups and scaleups globally. The platform gives you an exhaustive overview of emerging technologies and relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 903 exemplary startups and scaleups we analyzed for this research. Further, it highlights five AI startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these five startups and scaleups in this report. For insights on the other 898 AI solutions impacting pharma, get in touch with us.
BioXcel Therapeutics enables AI-based Drug Discovery
Founding Year: 2017
Location: New Haven, USA
Partner with the startup for Low-cost Therapeutic Development
US-based startup BioXcel Therapeutics speeds up drug discovery for neuroscience and immuno-oncology related diseases. The traditional drug discovery process is expensive, inefficient, and has a low probability of success. The startup’s platform mitigates these issues by evaluating existing data using big data and machine learning algorithms to identify new therapeutic indices. This improves the probability of clinical and regulatory success as well as reduces therapeutic costs.
Medicinovo provides a Personalized Medication System
Founding Year: 2017
Location: Beijing, China
Collaborate with Medicinovo for Comprehensive Drug Clinical Evaluation
Chinese startup Medicinovo offers an AI-based personalized medication system. The startup’s solution, iPharma, assists physicians and pharmacists in effectively administering drugs to patients based on individualized drug models. iPharma also provides data support for management decision-making and improves drug management for hospitals. By facilitating meta-analysis and systematic review, the startup’s solution improves the quality of the evidence in clinical trials, enabling efficient evaluation of drugs.
Axom optimizes Visual Inspections
Founding Year: 2019
Location: Basel, Switzerland
Innovate with Axom for Inspection Automation
Axom is a Swiss startup that provides automated visual inspection systems for pharma companies. The startup’s solution combines proprietary software and standardized hardware components. It integrates into semi-autonomous inspection systems to automate counting and defect detection. Moreover, it identifies faults in products such as vials, blisters, capsules, and syringes. This allows pharma manufacturers to avoid mix-ups during counting, reduce inspection periods, and ensure product quality.
Iktos enables Novel Drug Design
Founding Year: 2016
Location: Paris, France
Partner with Itkos for Structure-based Drug Designing
French startup Iktos advances novel drug design with AI. The startup’s solution constructs high-performance predictors to automatically select optimal drug molecules based on defined parameters. Moreover, it leverages deep generative models to enable multi-parametric optimization of drug structures. This allows pharma companies to improve ligand- and structure-based drug design.
Rapid Bio-Labs simplifies Cell Counting
Founding Year: 2018
Location: Tallinn, Estonia
Reach out to the startup to Accelerate Research & Development
Rapid Bio-Labs is an Estonian startup that provides a cloud-based solution for cell counting. It uses image processing to process, classify, and calculate cells from microscopy images. The process determines cell viability and behavior as well as tests the efficacy of active compounds on cell lines. This allows pharmaceutical companies to efficiently perform cell counting and improve the viability of cultured cell lines. Other than pharma, the startup’s solution finds applications in the BioTech industry.
Discover more Pharma Startups
Pharma startups such as the examples highlighted in this report focus on AI-powered solutions for drug discovery, bioinformatics, personalized medicine, and vision-based analytics. While all of these technologies play a major role in advancing the pharma industry, they only represent the tip of the iceberg. To explore pharma technologies in more detail, simply let us look into your areas of interest. For a more general overview, download our free Pharma Innovation Report to save your time and improve strategic decision-making.
