May 12, 2022 -- VeriSim Life has acquired Molomics Biotech, a privately held drug discovery company that uses artificial intelligence (AI) technology to design more efficacious and safer therapeutics for an undisclosed amount.
The Barcelona-based firm incorporates AI with human collective intelligence to determine novel chemical structures with high therapeutic activity on diseases such as Parkinson's and levodopa-induced dyskinesia. The technology will integrate into VeriSim's virtual drug development engine, BioiSim, to further improve the success rates for the discovery, development, and approval of new drugs, the firms said.