We recently held an event with BioIDEA: Biotech vs COVID-19. During the event, our CEO, Andrew Satz, was asked the value of computational drug discovery beyond just speed. Andrew explained that while speed is important, it can also be dangerous, and is certainly not the only reason we’ve chosen a computational approach to drug discovery.
In addition to speed, computational technologies can aid in de-risking by creating models or simulations of lab outcomes. This leads to computer failure instead of lab failure, or, de-risking of the drug discovery and development process. Because of this decreased risk, we should expect a significant reduction in cost. This is beneficial for companies, but more importantly, it increases availability and reduces financial hardship for those in need of healing. Watch the clip below.