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AI: Persist AI adopts Scispot to operate as a digital biotech company
Submitted by Sara Collinson; posted on Monday, June 26, 2023
Scispot, the creator of the best tech stack for modern biotech, announces that Persist AI, an AI-driven biotech company specializing in the creation of long-acting microsphere formulations, has selected them to provide a robust digital infrastructure. This partnership aims to automate Persist AI's research workflows and scale its AI capabilities. Persist AI is currently utilizing Scispot as its primary data and workflow management platform, effectively gathering and integrating data from diverse sources, thereby optimizing its use in machine learning and artificial intelligence processes.
Persist AI is committed to slashing drug formulation development time by around 50% to just 2 years through the power of AI-driven automation. Traditional methods would typically see pharmaceutical companies investing approximately five years to develop long-lasting drug formulations. However, with Persist AI's integration of advanced AI automation, the process is accelerated, targeting a 50% reduction in overall development time. Using Scispot's flexible platform, Persist AI is geared towards designing packages for subcutaneous injections that allow for slow drug release over prolonged periods. The AI models, trained using patterns extrapolated from a range of experiments, predict drug release rates and enhance formulation efficiency. This game-changing approach is set to revolutionize patient experience and adherence to treatments.
ABOUT SCISPOT
Scispot is a Y Combinator-backed life science informatics company based in the Kitchener-Waterloo and Seattle area. Scispot has created the best tech stack to help modern biotechs evolve into efficient, scalable TechBio companies. Scispot's toolkit makes biotech R&D templatizable and programmable, enabling companies to automate lab management, centralize data, establish repeatable workflows, and comply with regulatory guidelines. To learn more, please visit http://www.scispot.com.
ABOUT PERSIST AI
Persist AI is a pioneering biotech company using artificial intelligence and machine learning to drastically expedite the development of long-acting, extended-release drug formulations. With a commitment to reducing traditional development time by approximately 50%, Persist AI equips pharmaceutical manufacturers with optimized drug loading, morphology, and distribution, delivering solutions in weeks instead of years. Persist AI's innovative approach is revolutionizing the treatment of chronic conditions such as cancer and diabetes by significantly accelerating the drug formulation process. To learn more, please visit http://www.persist-ai.com
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