Predictive Oncology launches ACE program to partner with academic and research institutions to advance their drug discovery initiatives
21 Febbraio 2023 - 2:30PM
Predictive Oncology Inc. (NASDAQ: POAI) today announced the
launch of ACE (Accelerating Compound Exploration), a program to
advance the oncology drug development initiatives with academic and
research institutions.
Predictive Oncology created ACE to grant early-stage academic
drug development groups and technology transfer offices access to
the company’s PEDAL platform. PEDAL pairs active machine learning
with an extensive biobank of 150K privately held tumor samples and
in vitro assay results to help evaluate drug compounds and enable
more informed selection of drug-tumor type combinations.
“We designed the program to give researchers the opportunity to
explore an otherwise unreachable experimental space. Our goal
is to help shorten the time necessary to identify impactful drug
candidates and circumvent the funding limitations that might
prevent those drugs from reaching the clinic,” noted Arlette
Uihlein, MD, Senior Vice President of Drug Discovery Operations,
Predictive Oncology. “We can additionally help them re-evaluate
small molecules that would not have had sufficient traction to
reach the market.”
PEDAL helps efficiently address tumor heterogeneity earlier in
development and offers researchers the ability to strengthen the
data package for preclinical drug compounds in areas of licensing,
increased likelihood of transferring the technology, de-risking the
transaction, the chance to lead at the cutting edge of
discovery and the opportunity to help biopharma advance their
drug development efforts.
Compounds selected for the ACE program will be included in PEDAL
campaigns with shared non-exclusive rights to the resultant tumor
response data. Participation will be provided at no up-front cost
to the investigator or institution. Applications are being accepted
at https://predictive-oncology.com/ace/ through March 31 for the
first phase of the ACE program. Additional information about
Predictive Oncology’s technology and the submission process can be
found at
https://predictive-oncology.com/wp-content/uploads/2023/02/ACE-Program_Invitation.pdf
About Predictive OncologyAs a science-driven
company on the leading edge of oncology drug discovery, Predictive
Oncology (NASDAQ: POAI) offers an unrivaled suite of solutions for
the biopharma industry. Through the integration of scientific rigor
and machine learning, the company has developed the ability to
advance molecules into medicine more confidently by introducing
human diversity earlier into the discovery process with the pairing
of artificial intelligence and the world’s largest privately held
biobank of over 150K tumor samples. Predictive Oncology’s solutions
additionally include tumor models, biologics development,
formulation design, a GMP facility, a CLIA laboratory and
substantial scientific domain expertise.
Public Relations Contact:Predictive
OncologyTheresa Ferguson(630)
566-2003tferguson@predictive-oncology.com
Investor Relations Contact:Landon Capital Keith
Pinder(404) 995-6671kpinder@landoncapital.net
Forward-Looking Statements:Certain matters
discussed in this release contain forward-looking statements. These
forward-looking statements reflect our current expectations and
projections about future events and are subject to substantial
risks, uncertainties and assumptions about our operations and the
investments we make. All statements, other than statements of
historical facts, included in this press release regarding our
strategy, future operations, future financial position, future
revenue and financial performance, projected costs, prospects,
changes in management, plans and objectives of management are
forward-looking statements. The words “anticipate,” “believe,”
“estimate,” “expect,” “intend,” “may,” “plan,” “would,” “target”
and similar expressions are intended to identify forward-looking
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materially differ from that contemplated by the forward-looking
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other things, factors discussed under the heading “Risk Factors” in
our filings with the SEC. Except as expressly required by law,
the Company disclaims any intent or obligation to update these
forward-looking statements.
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