Global Computational Biology Market - Regional Analysis
Among region, North America is estimated to hold a dominant position in the global computational biology market over the forecast period, owing to increasing clinical trials using computational biology tools of different formulations. For instance, on January 5, 2021, AsclepiX Therapeutics, Inc., U.S.-based biotechnology company, announced that the first patient was given a dose in phase 1/2a CONGO clinical trial to evaluate safety and bioactivity of AXT107 in patients with Diabetic Macular Edema. AXT107 is an investigational drug candidate that inhibits VEGF-A and VEGF-C and activates Tie2. AsclepiX Therapeutics, Inc. used computational biology to identify potent peptide regulators of vascular and cellular homeostatis.
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