Aladdin Healthcare Technologies SE

  • WKN: A12ULL
  • ISIN: DE000A12ULL2
  • Land: Deutschland

Nachricht vom 21.09.2020 | 09:00

Aladdin Healthcare Technologies completes Biomedical Knowledge Graph for Commercial use In Drug Development

DGAP-News: Aladdin Healthcare Technologies SE / Key word(s): Product Launch
21.09.2020 / 09:00
The issuer is solely responsible for the content of this announcement.


Aladdin Healthcare Technologies completes Biomedical Knowledge Graph for Commercial use In Drug Development

- Proprietary Knowledge Graph 'PharmaKG' released as Software As A Service (SAAS)

- PharmaKG makes key findings of potential drug candidates visible

- PharmaKG identifies target molecules, pathological causalities and new fields of application for drugs

- Great interest from customers in the USA, China and Norway

BERLIN/LONDON, September 21, 2020 - Aladdin Healthcare Technologies SE ("Aladdin", ISIN: DE000A12ULL2), a leading developer of Artificial Intelligence (AI) based healthcare diagnostics and drug discovery applications, has successfully released its proprietary biomedical knowledge graph 'PharmaKG' as SAAS ( Software As A Service).

PharmaKG has been used by Aladdin and its partners to process biomedical knowledge and reasoning, to accelerate the discovery of artificial intelligence (AI) drugs. The PharmaKG allows to uncover key findings, mechanisms of action and potential drug candidates by revealing essential relationships between diseases, genes, chemical compounds or drugs. The Pharma Knowledge Graph offers key functions such as the identification of target molecules, the discovery of pathological causalities, the analysis of mechanisms and the repurposing of drugs to new fields of application.

Wade Menpes-Smith comments: "Aladdin's knowledge graphs help to discover new disease patterns and viral mechanisms to accelerate drug development in collaboration with pharmaceutical companies. Customers from China, the USA and Norway are already showing strong interest in the PharmaKG".
A knowledge graph is a graph-structured knowledge database, where facts are represented in the form of relationships between and from different data providers. In a knowledge graph, entities (nodes) are related to each other by means of the so-called edges and are contextualized thematically. Aladdin's AI team, through the use of advanced text mining techniques, was able to extract biomedical knowledge from over 30 million research articles and to construct a large scale knowledge graph with more than 800 thousand entities and over 10 million edges among diseases, targets, compounds, biomarkers and genes.

About Aladdin Healthcare Technologies SE
Aladdin Healthcare Technologies SE (and its wholly owned subsidiary Aladdin Healthcare Technologies Ltd.) is a leading developer of AI healthcare diagnostics and drug discovery applications that can accelerate both early stage disease diagnosis and the end-to-end drug discovery process. Aladdin targets age-related diseases including a significant focus on Alzheimer's disease. Aladdin accomplishes this by collaborating with numerous partners within the global healthcare ecosystem to confidentially and securely gather targeted data including, genome, tabular, MRI, PET, cognition and other lifestyle data. These datasets are then analysed by our award-winning AI team and used to develop proprietary AI tools that can assist healthcare professionals to more accurately and efficiently diagnose age-related diseases. This new diagnostic process will save significant time and costs for healthcare professionals. Additionally, our AI drug discovery platform will be used by pharmaceutical Companies to speed up drug development, clinical trials and predict outcomes more accurately.

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For further information:

Aladdin Healthcare Technologies Ltd.
24-26 Baltic Street West
London EC1Y 0UR
Phone +44 7714 719696

Contact Press
CROSS ALLIANCE communication GmbH
Sara Pinto
Phone +49 89 1250 90330

21.09.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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