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Cosmos Health Inc. ("Cosmos Health" or the "Company'') (NASDAQ:COSM), a diversified, vertically integrated global healthcare group engaged in innovative R&D, owner of proprietary pharmaceutical and nutraceutical brands, manufacturer and distributor of healthcare products, and operator of a telehealth platform, announced today the initiation of the development of Cloudscreen 2.0, the new iteration of its groundbreaking Artificial Intelligence (AI) drug repurposing platform.
As previously announced, on January 23, 2024, Cosmos Health completed the acquisition of Cloudscreen. Building on the success of its predecessor, Cloudscreen 2.0 represents a significant leap forward in computational predictions for drug repurposing, aiming to unlock unknown actions of existing drugs on the market.
With the integration of cutting-edge AI and machine learning technologies, Cloudscreen 2.0 builds on successful drug-protein interaction prediction algorithms, using advanced deep learning models and graph embedding techniques. It aims to predict interactions across the human proteome's complete structural landscape. Furthermore, mutagenesis data for specific populations or diseases will be integrated, along with prediction tools for disordered proteins, which have emerged as significant players in several disease phenotypes.
Significant improvements in prediction methods are expected to result from utilizing datasets of chemical and biological data that are over 100 times larger than those used in the original platform, with the goal of creating more robust predictions and achieving higher confidence scores. The updated planned infrastructure, in addition to Graphics Processing Unit (GPU) cloud services, will enable the scaling up to such amounts of data with updated prediction capabilities, setting a new standard for AI approaches in drug repurposing.
The integration of AI not only accelerates the identification of new therapeutic uses for existing drugs, but also enhances our current comprehension of the molecular underpinnings of drug action and disease mechanisms.
Greg Siokas, Chief Executive Officer of Cosmos Health, stated: "We are extremely excited to launch Cloudscreen 2.0, which elevates our R&D efforts to new heights. By integrating AI and machine learning technologies with drug repurposing, we are confident that we possess the necessary tools to maximize the likelihood of success in new discoveries, patents, and product launches. Consequently, positive outcomes from Cloudscreen 2.0 could have a game-changing impact on Cosmos."
Posted In: COSM
