Public Release: 

Insilico to present on advances in AI at the third annual Africa Health Business Symposium

InSilico Medicine, Inc.

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IMAGE: Iraneus Ogu, Insilico Medicine's Head of Africa Artificial Intelligence for Healthcare Initiative is going to present at the third annual Africa Health Business Symposium. view more 

Credit: Insilico Medicine

Thursday, September 6, 2018, 2018, Rockville, MD - Insilico Medicine, a Rockville-based company specializing in the application of next-generation artificial intelligence for drug discovery, biomarker development and aging research, is pleased to announce the lecture of its Head of Africa Artificial Intelligence for Healthcare Initiative, Iraneus Ogu, at The Third Annual Africa Health Business Symposium.

Ogu's talk "How can AI, big data and blockchain create better health for all?" on the 8th of October, 2018 will be devoted to the recent advances in AI tending to become a growth engine for African biopharmaceutical industry and transform the R&D in local pharmaceutical companies. The talk will also focus on the challenges of African pharmaceutical sector and educational opportunities for building the strong local teams interested in the application of AI in the Healthcare sector.

"Thinking about global developments, it seems we now have a window of opportunity to utilize current advances in tech globally to help transform Africa. From the way things are going, it would be very disappointing if we can't take advantage of tech developments to move Africa forward in meaningful ways especially in healthcare" said Iraneus Ogu.

"We are very happy to present our work at the third annual Africa Health Business Symposium, which brings together the many African Ministers of Health and industry champions. The topics of Longevity and Artificial Intelligence for pharma R&D is rapidly gaining popularity and we are happy to be at the leading edge of research and one of the innovation drivers in this area", said Alex Zhavoronkov, PhD, the founder and CEO of Insilico Medicine, Inc.

Africa Health Business, powered by the Africa Healthcare Federation, announced the third annual Africa Health Business Symposium, to be held on 8th-9th October in Johannesburg, South Africa. The symposium themed "Achieving UHC in Africa: Stronger Together" will be focused on understanding the roles of the different sectors toward achieving UHC, including how to frame priorities, capitalize on public-private partnerships, and use innovative approaches to address challenges. These two days will give delegates the opportunity to hear from experts in the field, collaborate with public and private health sector partners, and work towards solutions that will improve healthcare outcomes and stimulate the business of healthcare in Africa.

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Insilico Medicine is regularly publishing research papers in peer-reviewed journals. The company was first to apply the generative adversarial networks (GANs) to generation of the new molecular structures with the specified parameters and published a seminal peer-reviewed paper submitted in June 2016. The concept was further extended and augmented with advanced memory and reinforcement learning. The paper published in Molecular Pharmaceutics in 2016 demonstrated the first proof of concept of the application of deep neural networks for predicting the therapeutic class of the molecule using the transcriptional response data, received the American Chemical Society Editors' Choice Award. One of the latest paper published in the Journals of Gerontology demonstrated the application of the deep neural networks to assessing the biological age of the patients.

For further information, images or interviews, please contact:

Contact: Qingsong Zhu, PhD

zhu@insilico.com

Website: http://www.insilico.com

Official Symposium Website: http://www.africahealthbusiness.com

About Insilico Medicine, Inc

Insilico Medicine is an artificial intelligence company headquartered at in Rockville, with R&D and management resources in Belgium, Russia, UK, Taiwan and Korea sourced through hackathons and competitions. The company and its scientists is dedicated to extending human productive longevity and transforming every step of the drug discovery and drug development process through excellence in biomarker discovery, drug development, digital medicine and aging research.

Insilico pioneered the applications of the generative adversarial networks (GANs) and reinforcement learning for generation of novel molecular structures for the diseases with a known target and with no known targets. In addition to working collaborations with the large pharmaceutical companies, the company is pursuing internal drug discovery programs in cancer, dermatological diseases, fibrosis, Parkinson's Disease, Alzheimer's Disease, ALS, diabetes, sarcopenia, and aging. Through a partnership with LifeExtension.com the company launched a range of nutraceutical products compounded using the advanced bioinformatics techniques and deep learning approaches. It also provides a range of consumer-facing applications including Young.AI.

In 2017, NVIDIA selected Insilico Medicine as one of the Top 5 AI companies in its potential for social impact. In 2018, the company was named one of the global top 100 AI companies by CB Insights. In 2018 it received the Frost & Sullivan 2018 North American Artificial Intelligence for Aging Research and Drug Development Award accompanied with the industry brief. Brief company video: https://www.youtube.com/watch?v=l62jlwgL3v8. http://www.insilico.com

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