- POAI’s planned acquisition of Quantitative Medicine (QM) will revolutionize the way precision therapies are developed
- QM’s CoRE platform predicts main effects of drugs on target molecules that mediate disease
- Synergies created by acquisition support POAI’s efforts to accelerate the commercialization of its AI-driven predictive model services
Predictive Oncology Inc. (NASDAQ: POAI) has announced the latest development in its mission to become the leader in the cancer precision-medicine field. In line with its focus on applying artificial intelligence (AI) to personalized medicine and drug discovery, POAI has signed a signed a Letter of Intent to acquire Quantitative Medicine (QM), a leading biomedical analytics and computational biology company (http://nnw.fm/svTl8).
Founded by Drs. Robert Murphy and Joshua Kangas, both of Carnegie Mellon University, QM has developed a novel, computational drug-discovery platform called CoRE. This innovative platform predicts the main effects of drugs on target molecules that mediate disease, thereby dramatically reducing the time, cost and financial risk of…
NOTE TO INVESTORS: The latest news and updates relating to POAI are available in the company’s newsroom at http://nnw.fm/POAI
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