NEWSWEEK Feature Article:  "AI Tool to Slash Pharma Development Costs by Predicting Drug Trial Outcomes"

DATE

Jan 24, 2025

CATEGORY

Company

IRVINE, CA, USA – January 24, 2025 – GATC Health's disruptive technology was featured in the recent Newsweek article, "AI Tool to Slash Pharma Development Costs by Predicting Drug Trial Outcomes," by investigative reporter Valerie Bauman.

The article highlights the company’s unique ability to predict safety and efficacy outcomes for drug candidates with 87 percent accuracy, noting: "The AI platform is so accurate that Medical and Commercial International Limited (MCI), a syndicate of the Lloyd’s of London insurance marketplace, is partnering with GATC to offer funding and insurance coverage for trials of drugs that the technology predicts will be successful."

Excerpted from the story:

The new AI platform is expected to radically cut the cost of developing new drugs and dramatically increase how many of them succeed and make it to market, said William Vincent Padula, a professor of pharmaceutical and health economics at the University of Southern California.

"It is a game changer," said Padula, who is not linked to GATC or the AI platform.

"It takes the risk out of running clinical trials," he added. "It means that more investors are going to be certain that if they put money into a biotech company to develop a new technology, that their money is not going to be wasted...Knowing that there is a safety net and using AI means that money is going to be more safely invested."

Read the full story

About GATC Health

GATC Health Corp is a technology company revolutionizing drug discovery and development through its transformative AI platform and approach. The company’s validated and proprietary Multiomics Advanced Technology™ (MAT) simulates human biochemistry’s billions of interactions to rapidly create novel therapeutics, identify and confirm targets, accelerate development, and de-risk drug pipelines by predicting efficacy, safety, and off-target effects.

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© 2024 GATC Health Corp. All rights reserved.

© 2024 GATC Health Corp. All rights reserved.

© 2024 GATC Health Corp. All rights reserved.