AI Therapeutics

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AI Drug Discovery?
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AI Drug Discovery & Development
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AI Therapeutics (formerly LAM Therapeutics) is a biotechnology company that has developed an artificial intelligence (AI) drug development platform to find therapeutics. Its AI and deep learning platform, Guardian Angel, use public and proprietary data on drugs and diseases to find new drug candidates.

AI Therapeutics has advanced four drugs into clinical trials targeting a rare lung disease, a rare neurological disease, cancer in the lymphatic system, acute myeloid leukemia (a type of blood cancer), and facial angiofibroma. Its platform identified that out of these, one drug candidate can also be used for Covid-19, which is currently at the clinical trial Phase II stage. The company is seeking collaboration partners to commercialize these drugs. AI Therapeutics, a part of 4Catalyzer (a startup accelerator), closed USD 58 million in Series C financing in March 2017.

HQ location:
530 Old Whitfield Street Guilford CT USA
Founded year:
2013
Employees:
101-250
IPO status:
Private
Total funding:
USD 98.0 mn
Last Funding:
USD 58.0 mn (Series C; Mar 2017)
Last valuation:
USD 118.0 mn (Mar 2017)
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