Charles River Laboratories announced an agreement with H. Lundbeck o utilize Logica to progress critical brain disease research. “We are excited to partner with Lundbeck as they work toward the discovery of novel treatments for neurodegenerative disease,” said Professor Julie Frearson, Ph.D., Senior Vice President and Chief Scientific Officer, Charles River. “Logica’s integrated, AI-augmented process allows us to be an agile partner, and combined with Lundbeck’s industry-leading neurology expertise, we look forward to a successful collaboration.” Logica is an Artificial Intelligence powered end-to-end drug discovery solution that translates biological insights into optimized preclinical candidates by leveraging the integration of Valo Health’s AI-powered Opal Computational Platform(TM) and Charles River’s leading expertise in drug discovery and preclinical development. Through the agreement, Lundbeck will deploy Logica with the aim of creating optimized small molecules that lead to novel therapies for neurological research.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRL:
- Charles River downgraded to Neutral at BofA on biopharma concerns
- Charles River downgraded to Neutral from Buy at BofA
- Charles River downgraded to Sell from Neutral at Citi
- Charles River price target lowered to $190 from $191 at Baird
- Charles River announces collaboration with DanubeNeuro acceleration program