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Frontier IP Group - Exscientia and SRI International collaborate

RNS Number : 1823M
Frontier IP Group plc
07 May 2020
 

RNS Reach

AIM: FIPP

07 May 2020

 

 

Frontier IP Group plc

("Frontier IP" or the "Group")

 

Portfolio news - Exscientia and SRI International enter collaboration to accelerate drug discovery through automation and artificial intelligence

 

Frontier IP, a specialist in commercialising intellectual property, notes that  portfolio company Exscientia ("Exscientia" or the "Company"), a world leader in AI-driven drug discovery, has entered into a collaboration with US research centre SRI International ("SRI") to expedite discovery of selective molecules for a high value oncology target.

 

The collaboration will see the two companies implement a new approach to drug discovery by integrating SRI's fully automated synthetic-chemistry system with Exscientia's Centaur ChemistTM system.

 

Frontier IP's holds a 3.3 per cent equity stake in Exscientia.

 

Exscientia statement in full:

 

 

SRI International and Exscientia Enter Collaboration to Accelerate Drug Discovery Through Automation and Artificial Intelligence.

 

Companies will combine SynFini and Centaur Chemist platforms to focus on small-molecule oncology target

 

MENLO PARK, Calif. and OXFORD, United Kingdom.

 

Exscientia, a clinical-stage Artificial Intelligence (AI) drug-discovery company and SRI International (SRI), a research center headquartered in Menlo Park, California announced today that the companies have entered into a drug-discovery collaboration agreement to implement a new approach to drug discovery by integrating AI design with automated compound synthesis.

 

Through the collaboration, the companies will combine SRI's fully automated SynFini™ synthetic-chemistry system with Exscientia's Centaur Chemist™ AI platform to expedite discovery of selective molecules for a high value oncology target.

 

"Both the SynFini and Centaur Chemist platforms have demonstrated ability to overcome key drug discovery challenges," said Nathan Collins, Ph.D., chief strategy officer of SRI's Biosciences Division and head of the SynFini program. "We believe there is tremendous potential to further accelerate the oncology drug-discovery process by combining these novel and proven technologies."

 

SRI's end-to-end SynFini platform automates the design, reaction screening and optimization (RSO), and production of target molecules. It was developed to bring new drugs to the clinic more quickly and affordably by accelerating chemical discovery and development. The SynFini closed-loop system comprises three components that work seamlessly together: a software platform (SynRoute™), a reaction screening platform (SynJet™), and a multi-step flow chemistry automation and development platform (AutoSyn™).

 

Exscientia is the first company to successfully apply AI technologies to design small molecule compounds that have reached the clinic. Molecules generated by Exscientia's Centaur ChemistTM platform are highly opitimised to satisfy the multiple pharmacology criteria required to enter a compound into the clinic and to achieve these goals in a revolutionary time scale. Centaur Chemist transforms drug discovery into a formalized set of moves whilst also allowing the system to learn strategy from human experts.

 

Andrew Hopkins, CEO of Exscientia said, "The opportunity to apply AI drug design through our Centaur Chemist system with SynFini automated chemistry offers an exciting opportunity to accelerate drug discovery timelines through scientific innovation and automation."

 

Exscientia statement ends

 

 

ENQUIRIES

 

Frontier IP Group Plc

T: 020 7332 2338

Neil Crabb, Chief Executive

Andrew Johnson, Communications & Investor Relations

Company website: www.frontierip.co.uk

[email protected]

M: 07464 546 025

Allenby Capital Limited (Nominated Adviser)

T: 0203 328 5656

Nick Athanas / Nicholas Chambers


Exscientia Limited  

Mark Swindells, chief commercial officer 

 

[email protected]

Edelman PR

[email protected]

Anitra Sprauten  

+44(0) 78 9685 9386

[email protected]

 

NOTES FOR EDITORS

 

About Exscientia

 

Exscientia is a global Artificial Intelligence (AI)-driven drug discovery company and the first to have novel chemical molecules assessed in a clinical setting. Fusing the power of the original AI-design with the experience of seasoned drug hunters, Exscientia's Centaur Chemist™ platform enables the discovery of exquisitely optimised molecules with breakthrough productivity.

 

In tandem, Exscientia's Centaur Biologist™ platform drives the flexible analysis and prioritisation of discovery targets across all pharmaceutically relevant disease space. For more information visit us on www.exscientia.ai or follow us on Twitter @exscientialtd.

ABOUT SRI INTERNATIONAL

SRI International, a non-profit research institute founded in 1946 and headquartered in Menlo Park, California, creates world-changing solutions to make people safer, healthier, and more productive. SRI Biosciences, a division of SRI International, integrates basic biomedical research with drug and diagnostics discovery, and preclinical and clinical development.

SRI Biosciences has produced several marketed drugs and advanced more than 100 drugs to clinical trials. The division is focused on novel platforms and programs in a variety of therapeutic areas targeting high unmet medical needs. SRI Biosciences collaborates with a broad range of partners from small and virtual biotechnology companies to top 10 pharmaceutical companies and other leading industry partners. More information is available at www.sri.com.

ABOUT FRONTIER IP

Frontier IP unites science and commerce by identifying strong intellectual property and accelerating its development through a range of commercialisation services. A critical part of the Group's work is involving relevant industry partners at an early stage of development to ensure technology meets real world demands and needs.

The Group looks to build and grow a portfolio of equity stakes and licence income by taking an active involvement in spin-out companies, including support for fund raising and collaboration with relevant industry partners at an early stage of development.

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