Printer Friendly
The Free Library
14,559,952 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Applied InSilico Ltd. Announces its First Top Five Pharmaceutical Customer; GlaxoSmithKline Licenses ELE(tm) Evolutionary Learning Environment.


CHIPPENHAM, United Kingdom -- Applied InSilico, a provider of analytical solutions for drug discovery and development, today announced that GlaxoSmithKline (GSK GSK GlaxoSmithKline plc (pharmaceutical company)
GSK Glycogen Synthase Kinase
GSK Gruppentraining Sozialer Kompetenzen (Germany)
GSK Greenland Shark (FAO fish species code) 
) has signed a multi-year agreement for its ELE ELE

equine leukoencephalomalacia.
(tm) (Evolutionary Learning Environment) software platform. Financial details were not disclosed.

ELE(tm) is an advanced evolutionary learning and computation Computation is a general term for any type of information processing that can be represented mathematically. This includes phenomena ranging from simple calculations to human thinking.  system that helps scientists in their quest to find new insights into complex diseases. It uses a true parallel distributed architecture to allow detailed analysis of very large and complex datasets and higher throughput of smaller problem datasets.

GSK will integrate ELE(tm) into a new global decision support environment for library design, model building and selection of drug candidates. ELE(tm) will provide advanced and automated data analysis and modelling capabilities and will be able to instantly deploy predictive models to scientists throughout the organization through its web services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term.  and third-party applications.

Jay Perrett, CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey.  of Applied InSilico said, "ELE(tm) is capable of simultaneously analyzing complex life science data to provide insight into derived models. The resulting models are rapidly deployed and updated in a simple point and click environment. My team is extremely pleased to have the opportunity to work closely with GSK and their collaborators as we integrate ELE(tm) into their systems."

Clive Briant, VP Business Development of Applied InSilico commented, "This is a major order that came after working closely with GSK scientists and developers during an extensive evaluation. Their decision represents a significant step forward for Applied InSilico, and further validates how our in silico modelling platform fits into a large pharmaceutical environment."

About Applied InSilico

Founded in 2003, Applied InSilico dramatically reduces time and resources during drug discovery and development by providing uncompromised insight into complex disease data. Their ELE(tm) technology reveals verifiable relationships in the most complex of datasets in such areas as ADMET ADMET Acyclic Diene Metathesis
ADMET Absorption, Distribution, Metabolism, Excretion, and Toxicity (drug properties) 
, genomics, proteomics, metabolomics research, and provides a holistic approach holistic approach A term used in alternative health for a philosophical approach to health care, in which the entire Pt is evaluated and treated. See Alternative medicine, Holistic medicine.  across the complete drug discovery pipeline. For more information, visit www.appliedinsilico.com.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Nov 2, 2005
Words:324
Previous Article:SiteScape Rolls Out Forum ZX for Integrated Collaboration; Merges presence detection, instant messaging and web/audio conferencing with traditional...
Next Article:Fiserv Opens Vermont Item Processing Center to Meet Client Merchants Bank's Needs.



Related Articles
ARGENTA/AMEDIS FORM DRUG DISCOVERY COLLABORATION.
454 LIFE SCIENCES GETS GENOME LICENSE FROM PYROSEQUENCING.
Cognia Releases Cognia Molecular v1.6, an Innovative Biological Information Management Solution.
Research and Markets: Pharmaceutical Alliances, Licensing and Deal-Making.
Applied InSilico Launches its Evolutionary Learning Environment, ELE.
Applied InSilico and Inpharmatica: Two Companies with One Common Goal - Capturing Knowledge to Guide Drug Discovery.
Company Profile for Applied InSilico.
Teva Announces Settlement of Lamictal Litigation with GlaxoSmithKline.
Top Pharmaceutical and Biotechnology Dealmakers Present the Best Alliances and Acquisitions of 2005 at Pharmaceutical Strategic Outlook Conference:...
EVOGENIX GRANTED US PATENT.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles