Country for PR: United Kingdom
Contributor: PR Newswire Europe
Friday, March 15 2019 - 01:08
AsiaNet
Merck Announces Collaboration With Iktos for Generative Artificial Intelligence (AI) Technology
DARMSTADT, Germany, March 15, 2019 /PRNewswire-AsiaNet/ --

Not intended for US, Canada and UK-based media

- Collaboration agreement enables Merck access to Iktos AI technology across 
three drug discovery projects 
- Generative modelling AI technology enables rapid and cost-effective design of 
novel drugs 
- Agreement is part of Merck's R&D strategy to advance drug discovery with 
strategic technology-focused collaborations

Merck, a leading science and technology company, today announced a 
collaboration agreement with Iktos, for the use of its generative modelling 
artificial intelligence (AI) technology, in order to facilitate the rapid and 
cost-effective discovery and design of promising new compounds. 

"This agreement is another illustration of how we aim to enrich our discovery 
engine with strategic technology-focused collaborations," said Belén Garijo, 
Member of the Executive Board and CEO Healthcare, Merck. "Artificial 
intelligence is emerging as a pillar in the biopharmaceutical R&D model, giving 
us exponential opportunity to complement our existing expertise with further 
speed and better precision. For patients, this could mean faster access to 
novel treatment options."

Iktos' AI technology, which is based on deep generative models, helps bring 
speed and efficiency to the drug discovery process, by automatically designing 
virtual novel molecules that have desired activities for treating a given 
disease. This tackles one of the key challenges in drug design: rapid 
identification of molecules which simultaneously satisfy multiple drug-like 
criteria for clinical testing. The technology is already successfully 
established in other fields, such as image processing and automatic 
translation, but has only recently been applied to chemistry. 

"We are thrilled that Merck is collaborating with Iktos to further accelerate 
its drug discovery capabilities," commented Yann Gaston-Mathé, President and 
CEO of Iktos. "In a short space of time, our technology has successfully 
enabled huge progress and we are eager to apply the enormous possibilities it 
holds to help Merck with the successful design of new therapeutic options." 

Merck continues to leverage machine learning and artificial intelligence to 
drive transformative approaches. This follows the announcement, in December 
2018, of a year-long licencing agreement with Cyclica Inc. for the use of its 
AI-augmented proteome screening platform, Ligand Express®. Merck also recently 
announced that it has been granted a U.S. Patent for a novel combination of AI 
and Blockchain Technology, aimed at providing a solution for the secure 
integration of physical products into the digital world.

About Iktos

Incorporated in October 2016, Iktos is a French start-up company specialized in 
the development of artificial intelligence solutions applied to chemical 
research, more specifically medicinal chemistry and new drug design. Iktos is 
developing a proprietary and innovative solution based on deep learning 
generative models, which enables, using existing data, to design molecules that 
are optimized in silico to meet all the success criteria of a small molecule 
discovery project. The use of Iktos technology enables major productivity gains 
in upstream pharmaceutical R&D. Iktos offers its technology both as 
professional services and as a SaaS software platform, Makya™. 

More information on: www.iktos.ai  

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About Merck

Merck, a leading science and technology company, operates across healthcare, 
life science and performance materials. Around 52,000 employees work to make a 
positive difference to millions of people's lives every day by creating more 
joyful and sustainable ways to live. From advancing gene editing technologies 
and discovering unique ways to treat the most challenging diseases to enabling 
the intelligence of devices – the company is everywhere. In 2018, Merck 
generated sales of € 14.8 billion in 66 countries.

Scientific exploration and responsible entrepreneurship have been key to 
Merck's technological and scientific advances. This is how Merck has thrived 
since its founding in 1668. The founding family remains the majority owner of 
the publicly listed company. Merck holds the global rights to the Merck name 
and brand. The only exceptions are the United States and Canada, where the 
business sectors of Merck operate as EMD Serono in healthcare, MilliporeSigma 
in life science, and EMD Performance Materials.

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SOURCE: Merck