View all newsletters
Receive our newsletter – data, insights and analysis delivered to you

BenevolentAI acquires research centre in Cambridge

BenevolentAI combines scientist expertise with AI to quicken the development process of drugs programmes.

By April Slattery

BenevolentAI has announced it has acquired a drug discovery and development facility in Cambridge, to quicken its programme developments with AI.

The acquisition will allow the company to create an AI-enabled research centre, which aims to significantly reduce the amount of time it takes for drug candidates to being clinical testing as well as delivering much higher success rates in treating or curing diseases.

By acquiring the development facility it will allow BenevolentAI to work across the full drug development process, end-to-end for the first time from drug discovery to late stage clinical development. The acquisition will see the company and scientists at the centre working together using AI to develop its drug programmes into a clinic more quickly at a much greater scale.

“The acquisition has expanded our scale and capability overnight and created something that previously did not exist – an AI company truly integrated across every stage of the drug development process,” Ken Mulvany, Founder and Chairman of BenevolentAI, said.

BenevolentAI acquires research centre in Cambridge

The centre aims to quicken the development of drug programmes.

BenevolentAI has already expanded its research to 19 programmes and the acquisition intends to expand its current capabilities, to enable more efficient and accurate results. Furthermore, the use of AI will allow the company to discover more medicines that it hasn’t yet found and increase cures for untreatable illnesses.

The facility that has been acquired already has a large scientific team, therefore this will allow BenevolentAI to utilise the expertise of the workers there already to develop programmes. Scientists at the facility will aid development in areas such as pharmacokinetics, pharmacology and clinical developments.

Using Artificial Intelligence makes a business more likely to succeed
Google robot makes life changing developments in healthcare
Tech Time Travel: Alan Turing

“We have built an artificial intelligence technology that can read and understand the world’s biomedical information, then perform complex reasoning, to tell us things about disease never understood before.  This enables us to discover new medicines like no other organisation and drive cures for diseases that were previously untreatable.”

Content from our partners
Harnessing the power of low code and no code development
Signs your accounting software is no longer fit for your growing business
Incumbent banks must transform at speed, or miss the benefits of open banking

The acquisition has been confirmed, but the amount has not been disclosed.

Topics in this article: , ,
Websites in our network
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
I consent to New Statesman Media Group collecting my details provided via this form in accordance with the Privacy Policy