Artificial intelligence (AI) is revolutionizing the pharmaceutical industry, particularly in the realm of drug discovery. AI can analyze vast amounts of biological data to identify promising drug candidates, accelerating the development of new treatments.
Cardiovascular diseases (CVD) are the leading cause of death globally, claiming 17.9 million lives annually. Ischemic heart disease alone accounts for 13% of global deaths. CardiaTec aims to combat this epidemic by utilizing AI to decode the complexities of heart disease.
CardiaTec leverages AI to analyze extensive "multi-omics" datasets, integrating information from genetics, epigenetics, gene expression, and protein function to understand the intricate mechanisms driving heart disease.
To fuel its AI models, CardiaTec has partnered with 65 hospitals across the UK and the US. These partnerships provide access to human heart tissue, which is crucial for building the company's "largest human heart tissue-multi-omics dataset."
The pharmaceutical industry faces significant hurdles in developing new drugs, with an average cost of $2.2 billion per drug candidate and a high failure rate. AI drug discovery offers a promising solution to these challenges, but it's still a relatively new field.
CardiaTec's recent seed round was led by Montage Ventures and included participation from Continuum Health Ventures, Laidlaw Ventures, Apex Ventures, and angel investors. The funding will enable CardiaTec to progress its research and begin identifying and testing actual drug candidates.
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