Press Release
Alchemite™ will enable e-Therapeutics to generate improved predictions, correct errors and fill in gaps in the large-scale biological and chemical information respositories housed in the company’s proprietary databases
Cambridge, UK February 2018
The potential of Intellegens’ Alchemite™ artificial intelligence (AI) technology has been demonstrated with the recent announcement of a commercial collaboration between the Cambridge-based company and e-Therapeutics; the Oxford-based pioneer of Network-Driven Drug Discovery (NDD).
In its first commercial application, Alchemite™ will enable e-Therapeutics to generate improved predictions, correct errors and fill in gaps in the large-scale biological and chemical information respositories housed in the company’s proprietary databases.
Alchemite™ is the result of intensive research by Dr Gareth Conduit, CTO and Intellegens co-founder. Working at the world-famous Cavendish Laboratories in Cambridge, Dr Conduit discovered a new method of analysing sparsely populated matrices using deep neural networks and novel machine learning approaches.
Commenting on the deal with e-Therapeutics, Ben Pellegrini, CEO and Intellegens co-founder, said:
“There is an increasing realisation that there is a huge amount of value locked in the massive databases that underpin most commercial organisations. Through Intellegens, these companies now have a way to extract that value, using a proven method that is scalable, objective and meaningful. We believe our technology can help e-Therapeutics in its search for better and more potent drug candidates”
Dr Jonny Wray, Head of Discovery Informatics at e-Therapeutics, added:
“We already utilise machine learning heavily in our discovery platform to augment empirical biological and chemical data. Our partnership with Intellegens will enhance and extend our internal capabilities at the cutting edge of AI research and application.”
Intellegens was incorporated as a spin-out from the University of Cambridge in November 2017 and has recently moved into the city’s Eagle Labs technology incubator. In order to further the company’s research, and enhance its delivery capabilities, Dr Tom Whitehouse, also from the Cavendish Laboratory, recently joined the team.
Concluding, Dr Conduit said:
“Alchemite™ is the first in a series of application specific AI modules that we are developing at Intellegens. These will be designed to address specific, high value, data analysis bottlenecks that we are uncovering through our discussions with existing and potential customers. With these new modules, we intend to pursue new business opportunities in both the Life Sciences and other sectors”
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About Intellegens
Intellegens is a spin-out from the University of Cambridge with a unique Artificial Intelligence (AI) toolset that can train deep neural networks from sparse or noisy data. The technique, created at the Cavendish Laboratory, is encapsulated in Intellegens first commercial product, Alchemite™. The innovative deep learning algorithms that Alchemite™ is based on can see correlations between all available parameters, both inputs and outputs, in fragmented, unstructured, corrupt or even noisy datasets. The result is accurate models that can predict missing values, find errors and optimise target properties. Capable of working with data that is as little as 0.05% complete, Alchemite™ can unravel data problems that are not accessible to traditional deep learning approaches. Suitable for deployment across any kind of numeric dataset, Alchemite™ is delivering ground breaking solutions in drug discovery, advanced materials, patient analytics and predictive maintenance – enabling organisations to break through data analysis bottlenecks, reduce the amount of time and money spent on research, and support better, faster decision-making. For more information contact us here.