Friday, 09 June 2023

Standigm signs MOU with Merck Korea for AI drug discovery research

02 June 2022 | News

Merck's retrosynthesis AI software SYNTHIA accelerates Standigm's synthesis capability

Image credit: prnewswire

Image credit: prnewswire

South Korea-based startup Standigm Inc. has announced the signing of a Memorandum of Understanding (MoU) with Merck Korea, for artificial intelligence (AI)-based drug discovery research. The MOU signing took place at the headquarters of Standigm, attended by Sojeong Yun, CEO of Standigm, and Stephen Namkoo Lee, the Head of Science and Lab Solutions, Life Science business sector of Merck Korea.

Under the MOU, Standigm will accelerate its drug discovery research by adopting Merck's AI software SYNTHIA. which can help Standigm's novel compound synthesis. SYNTHIA is a computer-aided retrosynthetic design tool and unites network theory, modern high-power computing, and expert chemical knowledge to rapidly design synthetic pathways.

"Applying AI to the drug discovery process can dramatically reduce time in discovering novel drug candidates and finding optimized synthesis paths," said Sojeong Yun, co-founder and CEO of Standigm. 

"Candidate chemical discovery using AI technology for new drug development is playing a crucial role in the growth of local bioindustry," said Stephen Nam-Koo Lee, Head of Science and Lab Solutions for South Korea, Life Science business sector, Merck Korea.

As a leading workflow AI drug discovery company, Standigm has actively conducted research on AI technology in organic synthesis at its own Synthetic Research Center, established last year.

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