Hi! I am Andrii Buvailo, and this is my weekly newsletter, ‘Where Tech Meets Bio,’ where I talk about technologies, breakthroughs, and great companies moving the industry forward.
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Now, let’s get to this week’s topics!
Weekly tech+bio highlights
Let’s have a look at some of the most important tech news in the pharma, biotech, and medtech spaces over the last couple of weeks:
🔬 Profluent introduces OpenCRISPR-1, an AI-designed, open-source gene editor freely available for ethical research and commercial use. This innovative tool, designed to edit human DNA with high precision and minimal off-target effects, marks a significant advancement in gene editing technology, potentially accelerating the development of new treatments for genetic disorders.
The 'ChatGPT for CRISPR' utilizes AI to innovate gene-editing tools, crafting systems potentially more adaptable than natural ones, and enabling precise genetic alterations with newly designed proteins and guide RNAs, as demonstrated in laboratory tests.
🚀 Xaira Therapeutics launches with over $1 billion in funding, spearheaded by Marc Tessier-Lavigne and supported by major venture capitalists. The new biotech startup aims to revolutionize drug R&D by leveraging AI to speed up drug discovery, with a focus on generating new proteins and running clinical trials.
(I wrote about this news in more detail in the last newsletter).
🔬 Lonza introduces its AI-enabled Route Scouting Service, designed to enhance synthetic route identification for complex small molecule APIs by integrating Lonza's chemical supply chain expertise with AI technology from Elsevier (Reaxys), aiming to optimize synthesis efficiency and supply chain resilience.
🔬 Boehringer Ingelheim partners with Ochre Bio in a deal worth over $1 billion to develop regenerative treatments for liver diseases, including late-stage metabolic dysfunction-associated steatohepatitis (MASH) cirrhosis. This collaboration aims to discover therapies that can reverse or slow disease progression in patients with advanced liver disease, focusing on RNA therapies and regenerative target validation.
🏛 The FDA approves Pfizer's Beqvez, its first gene therapy for adults with moderate to severe hemophilia B in the U.S., expected to transform patient care with its one-time $3.5 million treatment designed to enable patients to produce the blood clotting factor IX themselves.
🚀 Insilico Medicine relocates its headquarters from New York to Cambridge, Massachusetts, positioning itself in a biotech hub to enhance its AI-driven drug discovery operations. The move is part of Insilico's growth strategy, reflecting its progress in AI-generated drug development, including a Phase II clinical trial for an AI-discovered drug.
🔬 VantAI collaborates with Google Cloud to utilize NVIDIA H100 GPUs for advancing protein interaction predictions, aiming to increase the accuracy and speed of training all-atom protein interaction foundation models.
🔬 Deciphex collaborates with Novartis to develop AI-based tools for preclinical pathology assessments in drug discovery, aiming to enhance lesion detection across multiple species and secure regulatory acceptance.
🚀 Takeda, Astellas, and Sumitomo Mitsui Banking Corporation announce a joint venture to incubate early drug discovery programs, aiming to bridge the "valley of death" in drug development. Based in Shonan Health Innovation Park, Japan, this venture will focus on advancing innovative therapeutics from Japan to global markets, with an initial capital of approximately 600 million yen.
💰 Bristol Myers Squibb and Cellares announce a $380M global agreement to enhance the manufacture of CAR T cell therapies using Cellares’ automated Cell Shuttle platform. This collaboration aims to expand manufacturing capacity and improve the delivery of cell therapies to patients worldwide, leveraging facilities across the U.S., EU, and Japan.
💰 Rubedo Life Sciences secures $40M in Series A funding led by Khosla Ventures and Ahren Innovation Capital to advance clinical trials of its novel senolytic drug, RLS-1496, for treating chronic dermatological conditions like atopic dermatitis and psoriasis. This investment supports their ALEMBIC™ AI platform's development of therapies targeting senescent cells to potentially reverse age-related diseases.
🚀 Moonwalk Biosciences, newly launched, taps into epigenome editing with its innovative EpiRead and EpiWrite technologies, aiming to revert cells to healthier states by manipulating gene expression without altering the DNA sequence, demonstrating significant potential in precision medicine.
🔬 Scientists at UNC Chapel Hill have developed artificial cells with programmable peptide-DNA cytoskeletons, capable of dynamically changing shape and function, opening new possibilities for drug delivery, diagnostics, and regenerative medicine, as detailed in Nature Chemistry.
🔬 Valence Labs introduced MolGPS, a 1B parameter foundational model based on Graph Neural Network (GNN), designed for molecular property prediction, showcasing superior performance on multiple benchmarks like TDC, MoleculeNet, and Polaris.
Next, I’ve decided to republish part of my most read post in this newsletter, originally published in October 2023, and more relevant today than it was half a year ago:
AI Foundation Models in Biotech: New Paradigm
What are AI foundation models anyway, and why is there all the buzz lately? And most importantly, why should we care about this in the life sciences?
As you know, deep learning models have been trending ever since 2012, after a famous ImageNet competition where a deep convolutional neural network, AlexNet, achieved outstanding performance for image classification tasks, marking the beginning of the deep learning revolution in computer vision, with convolutional neural nets (CNNs) playing a key role.
While CNNs are great for grid-like data structures, such as images and video frames, they are not good for sequential data, like time series. So, recurrent neural nets (RNNs) and LSTMs have joined the leaderboards of deep learning popularity quite soon, in particular in biology research.
CNNs, RNNs, and other deep learning architectures were quite popular in drug discovery, with lots of startups being founded during 2013–2017 exploiting the idea of AI-driven drug design. Some of these companies are now unicorns with AI-inspired molecules already in clinical development—Exscientia, Insilico Medicine, BenevolentAI, and Relay Tx, to name a few.
Notably, machine learning strategies of those years were primarily focused on supervised learning based on a properly laballed dataset, and datasets were relatively small (up to millions or hundreds of millions of parameters at best). Most importantly, the AI models of this period are specific to a certain narrow task. For instance, modeling target-ligand interaction or de-novo generation of small molecules biased towards desired properties, etc.
A really remarkable development occurred in 2017, a pivotal year for the AI field. Google engineers introduced a so-called transformer architecture for neural nets and a mathematical algorithm of attention in a seminal paper, ‘Attention is all you need.‘
This changed completely the playing field of deep learning and marked a paradigm-shifting rise of larger and more generalizable models. The most famous series of models includes the GPT-X family, with GPT-3 and GPT-4 being the foundations of ChatGPT, a recent phenomenon that I am sure you know well enough without my explanations.
What are foundation models?
A foundation model represents an AI neural network extensively trained on vast amounts of unprocessed data through unsupervised (self-supervised) learning, enabling its adaptability to a wide array of tasks.
Two key concepts underpin this overarching category: the simplification of data collection and the expansive range of opportunities it presents. Foundation models primarily learn from unlabeled datasets, eliminating the need for manual data labeling.
In contrast to earlier neural networks, which were narrowly specialized for specific tasks, foundation models can easily transition to various roles with minor adjustments, from text translation to medical image analysis.
Finally, foundation models can be fine-tuned towards domain-specific tasks, like chemistry, biology, mathematics, and so on. This is done by additional training of a foundation model, pre-trained on non-domain-specific data, on a domain-specific dataset.
Now, a crucial aspect of what makes foundation models so unique and different from previous eras of AI is the concept of ‘emergent abilities’. With the increasing number of parameters for training, the models start spontaneously acquiring novel and expanding capacities in various areas—pretty much like a child who first learns many different patterns and then suddenly gets visibly better at everything at once.
Understandably, emergent abilities may give rise to unexpected and very valuable properties of foundation models trained on biology data, which is already being proved experimentally by such companies as Recursion Pharmaceuticals.
The great filter
With all the paradigm-shifting promise of foundation models in drug discovery and biotech, it seems like this technology is further increasing the market entry barrier for new life science startups. In order to achieve technological advantage, you may need to build foundation models for your R&D task, but in order to build a domain-specific foundation model, you need a lot of domain-specific data in a certain area. This is a real challenge for the overwhelming majority of companies, except for several of those possessing unique experimental data generation capabilities, such as high-throughput experimentation facilities.
As Chris Gibson, co-founder and CEO at Recursion Pharmaceuticals, writes in his LinkedIn post:
‘To build broad foundational models in biology, you are going to need a lot of high-quality data. Aside from a few problems (e.g., protein folding), that data doesn't currently exist in the public domain. The winners of TechBio will have access to high-quality talent, deep compute resources, AND the ability to iteratively generate rich biological data at scale...
One day we will move wet-lab biology to confirmation and validation of in silico hypotheses only, but only those who can generate data at scale and quality today will get to that point for most drug discovery and development problems...’
There are several companies that possess unique data generation abilities via in-house resources. Let’s review how they are building foundation models and what they are planning to do with them.
Three companies building AI foundation models in biology
Deep Genomics
Deep Genomics has just announced the launch of BigRNA, a transformative AI foundation model for uncovering RNA disease mechanisms and candidate therapeutics. This first-of-its-kind transformer neural network is trained on a colossal dataset, enabling accurate predictions of RNA expression and regulatory mechanisms, protein and microRNA binding sites, and the effects of variants and therapeutic candidates. BigRNA's wide-ranging and generalized outputs stand apart from existing models, highlighting its potential to discover novel biological mechanisms and RNA therapeutic candidates that traditional approaches might miss.
Key Points:
Technology: Utilizes nearly two billion tunable parameters trained on thousands of datasets with one trillion genomic signals.
Capabilities: Predicts tissue-specific regulatory mechanisms of RNA expression, binding sites of proteins and microRNAs, and the effects of variants and candidate therapeutics.
Performance: In a study of 14 genes, BigRNA consistently designed highly effective steric-blocking oligonucleotides acting in a tissue-specific manner.
Applications: Helps in the design of various types of RNA-based therapeutics, including steric blocking oligonucleotides, with high specificity and accuracy.
Outcomes: Successfully alters RNA processing and reverses the effects of pathogenic variants in numerous cases, demonstrating substantial performance improvements over existing technologies.
Insight Generation: Provides valuable insights into pathogenic variants and their molecular mechanisms, aiding in the detection and understanding of various diseases, including Wilson disease and spinal muscular atrophy.
Practical Implications: Beyond discovery, BigRNA aids in designing molecules that counteract the effects of pathogenic genetic variants, revolutionizing therapeutic interventions.
Comparative Advantage: Outperforms existing models in predicting the binding sites of proteins and micro-RNAs and detecting known pathogenic variants.
Ginkgo Bioworks
Ginkgo Bioworks and Google Cloud have embarked on a five-year strategic partnership to enhance biological engineering and biosecurity using cutting-edge AI and cloud computing technologies. Ginkgo will create large language models for biological applications on Google Cloud's Vertex AI platform, focusing on areas such as genomics, protein function, and synthetic biology. This alliance, which includes funding from Google Cloud, underscores Google's support in developing foundational models in the life sciences sector, positioning Ginkgo as a crucial partner. The partnership aims to accelerate innovation in various fields including drug discovery, agriculture, and biosecurity, propelling the understanding and engineering of biology to new heights.
Key Points:
Technology: Utilizes Google Cloud’s Vertex AI platform for developing large language models, aiming to build a foundational model for proteins.
Capabilities: Leverages advanced infrastructure, including Tensor Processing Units (TPUs) for the creation of efficient and innovative biological engineering models.
Performance: Ensures high-level security and control over Ginkgo's proprietary data and intellectual property, offering a robust platform for biological data processing and analysis.
Applications: Applies Google Cloud's Enterprise Search technology to enhance data retrieval and utilization from Ginkgo’s extensive Codebase, bolstering new program development.
Outcomes: Establishes Ginkgo as the largest private contributor of SARS-CoV-2 genetic sequences to GISAID in the US, enhancing global biosecurity infrastructure.
Insight Generation: Utilizes Google Cloud’s BigQuery technology for secure and comprehensive data analysis, enabling superior insight extraction for biotechnological research and development.
Practical Implications: Plans for further contribution to and organization of public databases, strengthening global pathogen detection, and biosecurity infrastructure development.
Recursion Pharmaceticals
Recursion Pharmaceuticals is pioneering a foundation model for phenomics. The company has just released a paper, ‘Masked autoencoders are scalable learners of cellular morphology‘, where they evaluate the efficacy of deep vision models in discerning biological relationships from cellular images, specifically in high-content microscopy screens.
Weakly supervised and self-supervised deep learning models, including CNN and vision transformer (ViT)-based masked autoencoders, were tested on extensive datasets. The research reveals that these autoencoders significantly surpass their weakly supervised counterparts, with a ViT-L/8 model trained on over 3.5 billion unique crops from 95 million microscopy images showing up to a 28% relative improvement in deducing known biological relationships.
Key Points:
Technology: Employs both CNN and ViT-based masked autoencoders for inferring biological relationships from extensive cellular image datasets.
Capabilities: Demonstrates the ability of deep learning models to capture biological signals more efficiently compared to hand-crafted features, improving the inference of known biological relationships.
Performance: ViT-L/8, trained on a substantial dataset of over 3.5 billion unique crops from 95 million images, shows up to a 28% enhancement over weakly supervised models in determining biological relationships.
Applications: Applied in high-content microscopy screens for analyzing cellular phenotypes and understanding biological relationships.
Outcomes: Affirms the superior performance of self-supervised deep learning approaches in analyzing cellular images and inferring biological connections.
Insight Generation: Offers enhanced insights into cellular morphology and biological relationships by leveraging large-scale image datasets and advanced deep learning models.
Practical Implications: Indicates potential for further scaling of model and training set sizes for more comprehensive and accurate analysis in biological research.
Bonus insight: NVIDIA
In September 2022, Nvidia unveiled its BioNeMo Large Language Model (LLM) service.
This new platform is designed to assist researchers in developing innovative artificial intelligence (AI) models specifically tailored for biological studies, with the ability to fine-tune pre-trained models on small datasets (even several hundred parameters). This framework is specifically designed for training and deploying large biomolecular language models at a supercomputing scale. It’s a part of the NVIDIA Clara Discovery collection, which is a series of frameworks, applications, and AI models used for drug discovery.
Why It’s Important:
The announcement is significant because BioNeMo will revolutionize the way scientists conduct research on diseases and potential therapies. By using BioNeMo, scientists can now work with large language models that support various biological data formats including chemistry, protein, DNA, and RNA, enabling them to make better predictions and uncover new insights in biological sequences. This deeper understanding can accelerate the drug discovery process and lead to more targeted and effective treatments for various health conditions.
How It’s Valuable for Companies:
Enhanced Research Quality: Companies can utilize BioNeMo to handle diverse and massive biological datasets, which were previously hard to manage and analyze. It can lead to more accurate and meaningful insights, enhancing the overall quality of research.
Efficient Drug Discovery: BioNeMo facilitates faster and more efficient drug discovery by providing scientists with advanced tools and models for analyzing complex biological data. This efficiency can save companies significant time and resources.
Access to Pretrained AI Models: The framework provides access to a growing list of pretrained AI models, which can assist researchers in making more informed and accurate decisions, without having to build models from scratch.
Customization and Fine-Tuning: Companies can tailor the large language models to meet their specific research needs, even with limited datasets. This adaptability ensures more focused and relevant research outcomes.
Collaborative Opportunities: By using BioNeMo, companies also get the opportunity to collaborate with leading institutions and organizations, amplifying their research capabilities and resources.



