Global Life Science Products Market: Key Developments
On February 15, 2023, Lantern Pharma Inc., a clinical-stage biopharmaceutical company using its proprietary RADR artificial intelligence ("AI") and machine learning (“ML”) platform to transform the cost, pace, and timeline of oncology drug discovery and development, announced expansions and updates to RADR’s product roadmap, which will further enhance its oncology drug discovery capabilities. These RADR advancements will focus on additional innovative AI and ML approaches to develop Antibody Drug Conjugates (ADCs), which are highly specific cancer-targeted antibodies linked to potent anti-tumor small molecules and designed for the treatment of cancer.
In May 2022, Novotech, a clinical CRO, announced the acquisition of NCGS, a U.S.-based CRO, as part of a service expansion program for its global base of clients.
In August 2022, Amgen Inc, a pharmaceutical company, announced the acquisition of ChemoCentryx, Inc., a pharmaceutical company, to treat autoimmune diseases, inflammatory disorders, and cancer.
In September 2021, Aviva Systems Biology, one of the companies engaged in manufacturing and developing antibodies, immunoassay kits, and recombinant proteins for life science research, launched its new protein-on-demand, semi-custom recombinant protein portfolio for life scientists conducting basic research and preclinical studies
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