Gov. Justice: West Virginia partners with GATC to launch in-state program to accelerate drug discovery using transformative AI platform

DATE

Mar 26, 2024

CATEGORY

Company

Investment into GATC will anchor state as a world leader in development of safer, more effective therapeutics using GATC’s drug discovery AI platform. 

CHARLESTON, WV - Gov. Jim Justice announced today that West Virginia is partnering with GATC West Virginia, Inc., a wholly owned subsidiary of GATC Health, to initiate a groundbreaking program using GATC's artificial intelligence (Al) platform to accelerate the discovery of safer and more effective drugs.

The West Virginia Economic Development Authority and West Virginia Jobs Investment Trust board of directors approved a $5 million strategic investment into GATC that will expand GATC's state-of-the-art research and development lab in the West Virginia University Innovation Center, positioning the state to be at the forefront of advanced pharmaceutical research using GATC's transformative Al technology.

LINK TO THE PRESS RELEASE ISSUED BY WEST VIRGINIA GOVERNER JIM JUSTICE
 

About West Virginia Jobs Investment Trust (WVJIT)

West Virginia Jobs Investment Trust (JIT) is a public venture capital fund created to develop, promote and expand West Virginia’s economy by making investment funds available to eligible businesses, thus stimulating economic growth and providing or retaining jobs within the State.

About GATC West Virginia, Inc.

GATC West Virginia is a wholly-owned subsidiary of GATC Health Corp, a technology company revolutionizing disease prediction and drug discovery and development through its transformative AI platform and approach, which de- risks drug pipelines and accelerates new therapies to treat disease with accuracy, efficiency and speed never before achieved in medical science.

The company’s validated and proprietary Multiomics Advanced Technology(tm) (MAT) platform simulates human biochemistry’s billions of interactions for accurate and rapid disease prediction, novel target identification, and drug discovery and development. GATC envisions the future of medicine now, where health is protected, disease is reversed and every person’s unique biology is treated with precision.

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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.