tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

IRLAB partners with Denmark’s Biomia to apply AI-driven ISP platform to CNS drug candidates

Story Highlights
  • IRLAB Therapeutics will apply its AI-enabled Integrative Screening Process to characterize Biomia’s CNS drug candidates.
  • The Biomia collaboration showcases IRLAB’s ISP platform as a specialized CNS discovery tool, potentially broadening its industry reach.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
IRLAB partners with Denmark’s Biomia to apply AI-driven ISP platform to CNS drug candidates

Claim 50% Off TipRanks Premium

An update from IRLAB Therapeutics AB Class A ( ($SE:IRLAB.A) ) is now available.

IRLAB Therapeutics has entered a collaboration with Danish biotech firm Biomia ApS to apply IRLAB’s Integrative Screening Process (ISP) platform to Biomia’s small-molecule drug candidates targeting undisclosed central nervous system indications. Under the agreement, IRLAB will use its ML/AI-supported ISP technology to provide phenotypic characterization, indication prediction, and differentiation versus existing treatments for Biomia’s novel chemistries, while Biomia supplies the compounds and funds the studies, reinforcing IRLAB’s position as a specialist CNS discovery partner and potentially expanding the commercial reach and validation of its ISP platform within the broader biotech ecosystem.

The most recent analyst rating on ($SE:IRLAB.A) stock is a Sell with a SEK2.00 price target. To see the full list of analyst forecasts on IRLAB Therapeutics AB Class A stock, see the SE:IRLAB.A Stock Forecast page.

More about IRLAB Therapeutics AB Class A

IRLAB Therapeutics AB is a Swedish biopharmaceutical company focused on discovering and developing transformative treatments for all stages of Parkinson’s disease and other central nervous system disorders. Originating from Nobel Laureate Arvid Carlsson’s research on neurotransmitter imbalances, the company’s pipeline includes Mesdopetam, which has completed Phase IIb and is being prepared for Phase III in levodopa-induced dyskinesias, Pirepemat in Phase IIb for reducing fall frequency in Parkinson’s patients, IRL757 in Phase I for apathy in neurodegenerative diseases, and two preclinical programs, IRL942 and IRL1117. Its drug candidates are generated through its proprietary systems biology-based discovery platform, the Integrative Screening Process (ISP), and the company is listed on Nasdaq Stockholm.

YTD Price Performance: 1.52%

Average Trading Volume: 192,168

Technical Sentiment Signal: Sell

Current Market Cap: SEK169.9M

Find detailed analytics on IRLAB.A stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1