Insilico Medicine advances Middle East push with UAE AI drug discovery deal

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Insilico Medicine, a Hong Kong-listed AI drug discovery company, has partnered with the United Arab Emirates’ drug regulator to promote the use of its AI tools in pharmaceutical research across the Middle East. The cooperation agreement was signed in Dubai during the World Health Expo in February. The partnership aims to utilize AI platforms, including generative models and reinforcement learning algorithms, to analyze biological, chemical, and clinical data. This collaboration occurred despite escalating geopolitical tensions in the region, which have impacted the Hang Seng Index. News of the deal initially boosted Insilico's stock price, outperforming the benchmark index.
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