Artificial intelligence is a technological advancement that is transforming entire industries and hence, it is no surprise that more and more industries are now trying to harness its power. For instance, the biotech sector, which has always been known for its innovation, is now leaning heavily into artificial intelligence for drug discoveries and to make the process of detecting the promise of a drug at the early stages easier.
One of the companies which emerged as a path-breaking player in this space is ImmunoPrecise Antibodies Ltd (NASDAQ:IPA). It is a Biotherapeutic research and technology company, which is driven by artificial intelligence. The company specializes in using the power of artificial intelligence to understand complex biological data in a better way and then speed up the development and discovery of unique antibodies.
This has placed the company right at the forefront of a cutting-edge industry and that is one of the reasons why many investors are now taking notice of ImmunoPrecise Antibodies. The core business of the company is involved with providing cutting-edge technologies for the purpose of comprehensive therapeutic antibody discovery and development. Another important thing to keep in mind with regard to the company is that ImmunoPrecise Antibodies’ team is made up of highly accomplished and experienced scientists and researchers with considerable knowledge of their own domains in the therapeutic antibody discovery space.
At this point in time, the operations of the company are primarily in Europe and North America, which allows ImmunoPrecise Antibodies to serve a global client base and also take care of a wide range of therapeutic antibody needs in a number of markets. The company owns its own proprietary antibody discovery platforms, which allows the company to deliver diversified and highly specific libraries of therapeutic antibodies to its client.
The company is committed to deep innovation and seeks to continuously improve its services. Its subsidiary BioStrand and IPA Canada recently collaborated to come up with a transformative AI-driven rapid therapeutic screening platform. The platform would help in accelerating the early stages of drug discovery by eliminating the less-than-promising candidates early. That would save a lot of time, money, and effort.
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