Sanofi, Formation Bio, and OpenAI have announced a groundbreaking collaboration to accelerate drug development through advanced AI-powered software. This partnership aims to streamline the drug development process, making it more efficient and effective, and ultimately bringing new medicines to patients faster.
Sanofi, one of the world’s leading biopharmaceutical companies, will leverage its proprietary data to develop AI models in partnership with OpenAI and Formation Bio. This collaboration marks a significant milestone in Sanofi’s journey to become the first biopharma company powered by AI at scale.
Paul Hudson, CEO of Sanofi, emphasized the transformative potential of this partnership: “This unique collaboration is the next significant step in our journey to becoming a pharmaceutical company substantially powered by AI. Next generation, first-of-its-kind AI model customizations will be an important foundation in our efforts to shape the future of drug development for pharma and for the many patients waiting for innovative treatments.”
Today, hours from the opening of #VivaTech, we’re excited to announce our collaboration with @FormationBio & @OpenAI to build first-in-class AI-powered software. Join us at VivaTech for more on our AI innovations. ⤵️
— Sanofi (@sanofi) May 21, 2024
OpenAI, a global leader in AI technology, will provide cutting-edge AI capabilities, including fine-tuning models and offering deep AI expertise. The company will contribute dedicated resources and thought partnership to ensure the successful integration and application of AI technologies in drug development.
“There is massive potential for AI to accelerate drug development,” said Brad Lightcap, COO of OpenAI. “We are excited to collaborate with Sanofi and Formation Bio to help patients and their families by bringing new medicines to market.”
Formation Bio, an AI and tech-driven drug developer, will bring its extensive engineering resources and experience in merging pharma and AI to the table. The company’s tech-driven development platform will play a crucial role in designing, developing, and deploying AI technologies across all stages of the pharma lifecycle.
Benjamine Liu, Co-Founder and CEO of Formation Bio, shared his enthusiasm for the collaboration: “I firmly believe that by combining our strengths, Sanofi, OpenAI, and Formation Bio can reimagine drug development in the pharma industry. By creating and implementing customized AI agents and models designed for our industry, companies like Sanofi and Formation Bio can begin to scale with unprecedented productivity and transform the pace at which we bring new medicines to patients.”
The collaboration between Sanofi, Formation Bio, and OpenAI holds tremendous promise for patients awaiting new treatments. By leading the way in AI-driven drug development, these companies aim to set new standards in the industry, enhancing the efficiency and speed of bringing innovative medicines to market.
As the pharmaceutical landscape evolves, this partnership represents a significant leap forward, underscoring the critical role of AI in shaping the future of healthcare.