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Drug discovery startup Pepper Bio hopes to challenge Eroom's law with new funding - Vimarsana News

Drug discovery startup Pepper Bio hopes to challenge Eroom's law with new funding

While the world keeps getting better at churning semiconductors, we are still struggling to find new drugs to treat resistant diseases, and the process isn't getting cheaper. "Today, drug development still takes on average 10-15 years of R&D with a cost of production (around $2.5 billion) that has increased dramatically over the last decade despite improvements in technology: this is the concept of Eroom's law (Moore’s law spelled backwards)," deep tech VC Florian Denis wrote in a recent Medium post. While AI could help uncover new drugs, "the AI analysis...

Source: yahoo.com
Drug discovery startup Pepper Bio hopes to challenge Eroom's law with new funding - Vimarsana News

Drug discovery startup Pepper Bio hopes to challenge Eroom's law with new funding

The biotech startup's $6.5 million seed round is led by VC firm NFX but it is perhaps equally noteworthy to see that Merck is also participating in the round.

Pepper Bio, the 'Google Maps for Drug Discovery', Secures $6.5M to Streamline R&D - Vimarsana News

Pepper Bio, the 'Google Maps for Drug Discovery', Secures $6.5M to Streamline R&D

Pepper Bio, the “Google Maps for drug discovery,” today announced an oversubscribed $6.5 million…

Drug discovery startup Pepper Bio hopes to challenge Eroom's law with new funding - Vimarsana News

Drug discovery startup Pepper Bio hopes to challenge Eroom's law with new funding

While the world keeps getting better at churning semiconductors, we are still struggling to find new drugs to treat resistant diseases, and the process isn't getting cheaper. "Today, drug development still takes on average 10-15 years of R&D with a cost of production (around $2.5 billion) that has increased dramatically over the last decade despite improvements in technology: this is the concept of Eroom's law (Moore’s law spelled backwards)," deep tech VC Florian Denis wrote in a recent Medium post. While AI could help uncover new drugs, "the AI analysis...

Source: yahoo.com
NFX & Merck Back Pepper Bio, the 'Google Maps for Drug Discovery,' with $6.5M to Streamline R&D - Vimarsana News

NFX & Merck Back Pepper Bio, the 'Google Maps for Drug Discovery,' with $6.5M to Streamline R&D

BioPharma