eClinical Technology and Industy News

VeriSIM Life Secures a Federal Grant to Create a Drug Combinatorial Platform Against COVID-19

Excerpt from the Press Release:

SAN FRANCISCO–(BUSINESS WIRE)–VeriSIM Life has been awarded a National Science Foundation (NSF) Small Business Innovation Research (SBIR)grant for $255,908 to conduct research and development (R&D) work onrapid repurposing and translation of approved and investigational drugs for COVID-19 using its patented artificial intelligence (AI) driven biosimulation platform, BIOiSIM.

VeriSIM Life has developed a whole-body biosimulation platform driven by AI and machine learning (ML), that accurately predicts the clinical efficacy of new drugs before human trials. We are delivering strategic insights from our platform to translate, scale, and accelerate drug development to advance human health. With support from NSF, we will be working toward our mission and addressing the rapid escalation of the COVID-19 pandemic by optimizing combinations and dosing strategies of FDA approved drugs as a repurposed, multi-targeted approach against COVID-19. Vaccination and single therapies continue to scale around the world but we strongly believe our approach has a stronger potential to be more efficacious than a single drug target due to the multifactored-polygenic infectious nature of the virus, and the new variants that are emerging rapidly around the globe. The SBIR grant will help us continue to expand the capabilities of our biosimulation platform, to enable successful selection and deployment of drug combinations in a variety of diseases and conditions that are either rare or have the potential to be epidemic in nature.

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