Daewoong Pharmaceutical digitizes DB of 800 mn chemical compounds
It built a drug development system DAISY that combines a molecular model DB with an AI-targeted substance discovery system
By Feb 19, 2024 (Gmt+09:00)
LG Chem to sell water filter business to Glenwood PE for $692 million


KT&G eyes overseas M&A after rejecting activist fund's offer


Kyobo Life poised to buy Japan’s SBI Group-owned savings bank


StockX in merger talks with Naver’s online reseller Kream


Meritz backs half of ex-manager’s $210 mn hedge fund



South Korea's Daewoong Pharmaceutical announced on Monday that it has established a drug development system Daewoong AI System (DAISY) which combines an 800 million-compound molecular model database with an artificial intelligence (AI) target substance discovery system.
According to the company, DAISY is an AI drug development portal that enables the discovery of compound substances and rapid prediction of drug properties.
The globally available open-source compound substance data requires preprocessing to separate and remove unnecessary information. DAVID undergoes this process, creating a processed database of 800 million compounds that AI can utilize, explained Daewoong Pharmaceutical.
Similar to the biblical story where David defeated Goliath, DAVID signifies Daewoong's intention to compete head-on with global pharmaceutical companies in AI-driven drug development.
AIVS is a system based on 3D modeling that uses AI to discover active substances targeting specific proteins.
Daewoong reported a significant reduction in development time by utilizing the AI drug development system to discover active substances acting on two target proteins and applying them to the optimization phase.
The company plans to expand the use of AI drug development systems to various stages of drug development, including pre-clinical, clinical, and post-marketing phases.
Write to Ji-Hyun Lee at bluesky@hankyung.com
-
Bio & PharmaDaewoong gets stem cell facility license in Indonesia
Feb 13, 2024 (Gmt+09:00)
1 Min read -
Bio & PharmaDaewoong exports $92.4 mn Depot injection tech to UAE
Dec 11, 2023 (Gmt+09:00)
1 Min read -
Bio & PharmaDaewoong Pharm set to export Envlo Tab to Russia, CIS
Dec 01, 2023 (Gmt+09:00)
1 Min read -
Bio & PharmaDaewoong Pharma, Merck team up for AI tech for new drug
Oct 31, 2023 (Gmt+09:00)
1 Min read -
Bio & PharmaDaewoong Pharma's GER drug gets product OK from Mexico
Oct 19, 2023 (Gmt+09:00)
1 Min read