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Innoplexus AG Frankfurter Strasse 27 65760 Eschborn, Germany http://www.innoplexus.com
Contact Ms Silke Otte
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Innoplexus AG

New Blockchain and AI-based Platform to Revolutionize Drug Discovery

Innoplexus aims to democratize drug development with launch of new iPlexus

(PresseBox) (Eschborn, )
Innoplexus AG announced today a groundbreaking update coming soon to their iPlexus platform that will leverage the power of blockchain technology and artificial intelligence to resolve inefficiencies in early-stage drug discovery.

With an expected launch date of June 30, 2018, the new iPlexus will revolutionize the sharing of research work in preclinical life science research and drug discovery by giving researchers a secure, blockchain-and-AI-based platform for publishing and extending license to use unpublished data from successful and failed experiments. IP will be secured on the blockchain with an immutable timestamp, and AI will analyze all uploaded data to determine its value for ongoing drug development research.

All unpublished data will be searchable alongside the published data available on the current iPlexus platform, which Innoplexus launched in 2016. iPlexus currently uses AI to normalize unstructured published data from over 27 million publications, 1 million dissertations, 375 thousand clinical trials, 127 thousand drug profiles, and more.

Co-founder and CEO of Innoplexus AG, Gunjan Bhardwaj, explained more about their vision for the new iPlexus, “Our mission at Innoplexus is to democratize the drug discovery process. We believe that cutting-edge technologies like AI and blockchain are the key to making this possible. After over 6 months of research, we believe that the new iPlexus is a major step forward for the preclinical trial industry and will solve many of the problems that are slowing the industry down. By overcoming these challenges, we will make drug discovery more efficient and bring down the consumer price of drugs.”

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Innoplexus AG

Innoplexus AG offers Data as a Service and Continuous Analytics as a Service products and solutions helping organisations move towards continuous decision-making by generating insights from structured and unstructured private and public data leveraging cutting edge Artificial Intelligence and Deep Learning technologies. Founded in 2011, INNOPLEXUS AG is headquartered in Eschborn, Germany with offices in Pune, India, and Hoboken, USA.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.