Nov 29, 2024

Nov 29, 2024

Nov 29, 2024

Model Medicines Makes GEN's List of Top AI Drug Discovery Companies to Watch

Model Medicines has been recognized as one of the ten leading companies in AI-based drug discovery by Genetic Engineering & Biotechnology News (GEN).

Model Medicines has been recognized as one of the ten leading companies in AI-based drug discovery by Genetic Engineering & Biotechnology News (GEN). The company stands out for having one of the largest disclosed pipelines in the AI drug discovery space, with 192 compounds targeting 26 therapeutic areas.

Pipeline Highlights

The company's impressive portfolio has been discovered through their proprietary GALILEO™ platform, which analyzes "constellations" of interacting atoms within 3D protein structures. Two compounds have already advanced to Phase I clinical trials:

  • MDL-001: A potential broad-spectrum nonnucleoside antiviral drug candidate

  • MDL-4101: Targeting bromodomain-containing protein 4 for thyroid cancer treatment

Recent Scientific Breakthrough

In a significant development this year, Model Medicines and its research partners identified the RdRp Thumb-1 site, a potentially druggable family of targets across positive-sense, single-stranded RNA viruses. This discovery could lead to the development of a single broad-spectrum antiviral drug capable of targeting multiple viruses.

Industry Context

Model Medicines' recognition comes at a time when AI drug discovery has seen cumulative investments of $60 billion. The company's inclusion in GEN's list alongside established players like Insilico Medicine and Recursion Pharmaceuticals highlights its growing influence in the field.

Read the Full Article

Read the full article featuring Model Medicines and other leading AI drug discovery companies in GEN's November 29, 2024 coverage.

Details

Date

Nov 29, 2024

Category

Press

Reading

2 Mins

Author

Patrick ONeill

Investor Relations

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