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Algorae Pharmaceuticals (ASX: 1AI)

Algorae is a pharmaceutical research firm that specialises in the exploration and creation of innovative therapies for medical conditions with unmet healthcare requirements. The company has a skilled in-house scientific team and partnerships with prestigious universities, both of which contribute to its mission. Among its current drug candidates are NTCELL, designed for Parkinson’s disease treatment, and the AI-116 combination drug candidate aimed at addressing dementia. Algorae plans to leverage artificial intelligence more extensively in its scientific and business endeavours, such as employing AI to generate drug targets.

Here are the latest articles on Algorae Pharmaceuticals (ASX: 1AI)

How Algorae is using AI and supercomputers to transform medicine

The conversations surrounding artificial intelligence (AI) and its scope to transform the pharma industry have been underway for a while now. In fact, reports suggest that the global health-related AI market is set to be worth $284bn by 2030.  Pharmaceutical development company Algorae (ASX: 1AI) is one of the companies at the forefront of this

Algorae Pharmaceuticals collaborates with UNSW for AI biopharmaceutical prediction platform for dementia and heart diseases

As of 2023, over 400,000 Australians live with dementia, with over a million people assigned to their care. It is the second leading cause of death in the country overall and the leading cause of death in women. What’s worse, Australia’s growing ageing population makes this statistic all the more worrying.  In a bid to

Algorae debuts new name with AI modelling partnership with the UNSW

In a promising new chapter, Algorae Pharmaceuticals (ASX: 1AI), formerly known as Living Cell Technologies (ASX: LCT), has debuted its new name in a Memorandum of Understanding (MoU) with the University of New South Wales (UNSW).  The MoU outlines a framework for a Master Services Research Agreement (MSRA) between both parties to develop an Artificial

Living Cell Technologies latest project targets dementia with cannabinoid-based drug

As of 2022, Australia is witnessing nearly 400,000 individuals grappling with dementia. Dementia is the second leading cause of death in Australia, and if the trend continues, it might just claim the top spot as the leading cause. But that’s not all – two out of three people with dementia are not hiding away in

Why pigs on this remote Auckland island may be the key to treating Parkinson’s disease

Of all the places in the world where you thought a cure for Parkinson’s disease might be found, the remote sub-Antarctic Auckland Islands might not have been your first choice but that’s exactly where biotech company Living Cell Technologies (ASX: LCT) will obtain tissue for their clinical trials.  Specifically, Living Cell Technologies has secured a