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Smart Tech Bayer Partners with Iambic Therapeutics to Advance Drug Discovery with AI

Source: Press release Bayer 2 min Reading Time

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Bayer has collaborated with Iambic Therapeutics to discover new medicines using Iambic’s AI-driven platform. With this move, Bayer aims to identify novel drug entry points and differentiated molecules to address otherwise hard-to-drug targets.

Bayer and Iambic Therapeutics recently announced a drug discovery collaboration. (Source:  Bayer)
Bayer and Iambic Therapeutics recently announced a drug discovery collaboration.
(Source: Bayer)

Berlin/Germany – Bayer and Iambic Therapeutics, a clinical-stage life science and technology company developing novel medicines using its AI-driven platform, recently announced a drug discovery collaboration in which Bayer will discover new medicines using Iambic’s AI-driven platform. The collaboration is focused on small molecule discovery.

The collaboration will leverage Iambic’s AI-driven drug discovery platform, including its flagship AI technologies, Enchant & Neuralplexer, to identify novel drug entry points and differentiated molecules to address otherwise hard-to-drug targets that will enhance Bayer’s early portfolio.

“This collaboration exemplifies our shared ambition to harness AI as a strategic driver of innovation in drug discovery and our focus on building high-impact collaborations that translate cutting-edge technology into patient value,” said Juergen Eckhardt, M.D., Head of Business Development and Licensing at Bayer Pharmaceuticals. “By collaborating with Iambic, we bring together complementary capabilities to accelerate scientific insights and improve decision-making across the R&D value chain.”

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Traditional drug discovery takes 10-15 years and costs around 2.6 billion dollars, yet more than 90 percent of candidates fail in clinical trials. By using AI-based molecular optimization, the collaboration aims to identify differentiated hit molecules, accelerate optimization timelines, and strengthen Bayer's pipeline ahead of the next decade.

“Iambic is proving that better technology leads to better medicines, both in our own hands and with visionary partners like Bayer,” said Tom Miller, PhD, Co-Founder and CEO, Iambic. “Through this collaboration, Bayer secures access to industry-leading technology, including Iambic’s frontier AI models Enchant and Neuralplexer, and together we expand the universe of potential life-saving medicines.”

Under terms of the agreement Iambic will receive an upfront payment as well as milestone and royalty payments.

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