Computer-Aided Drug Discovery Market

1. Computer-Aided Drug Discovery Market Current Status, In-depth Analysis and Forecast Outlook 2023-2029 The global computer aided drug discovery market is anticipated to grow at a CAGR of 11.5% during the forecast period. Rising drug discovery and development activities owing to the rising prevalence of infectious and chronic diseases is contributing to the growth of the global computer-aided drug discovery market. Several partnerships for drug discovery and development have been witnessed over the years, which in turn, is boosting the market growth. To Request a Sample of our Report onComputer-Aided Drug Discovery Market https://www.omrglobal.com/request-sample/computer-aided-drug-discovery-market September 2021- Huadong Medicine and Insilico Medicine entered into a co-development agreement to accelerate the discovery of breakthrough small-molecule therapeutics by leveraging an innovative approach in the oncology field. Under the collaboration, Insilico and Huadong Medicines launched a new drug discovery project involving the R&D team of both parties. The collaboration will leverage Huadong Medicine’s advanced innovative drug discovery in combination with Insilico’s end-to-end AI-driven rug discovery platform. The project leads to hit undruggable targets that regulate tumor growth. May 2022- SOM biotech announced that it has signed a licensing agreement with the Ministry of Minnesota. With this collaboration, the University of Minnesota conducted a series of in vitro studies on potential pre-clinical product candidates for Duchenne and Becker muscular dystrophy identified using SOM Biotech’s exclusive platform, SOMAIPRO. Somaipro assists in identifying drugs effective for the treatment of a specific disease, discovering new mechanisms of action and new applications for a drug, and predicting the toxicity of the compounds, as well as the molecular scaffolds for compounds active on a given target. While other AI- based approaches use methods based on data mining, structural similarity, or the target structure, SOMAIPRO uses molecular fields, allowing for an increased rate of success, with results achieved in the shortest possible time and considerably reducing the costs associated with drug discovery. A full Report of Computer-Aided Drug Discovery Market https://www.omrglobal.com/industry-reports/computer-aided-drug-discovery-market Market Coverage       The market number available for – 2021-2028 Base year- 2021 Forecast period- 2023-2029 Segment Covered- by type, by therapeutic area, by end user Regions Covered- North America, Europe, Asia-Pacific, Rest of the World Competitive Landscape- F-Hoffman-La Roche Ltd., Bayer AG, Charles River Laboratories International Inc., Laboratory Corporation of America Holdings (Labcorp), and Schrödinger, Inc. Key questions addressed by the report           What is the market growth rate? Which segment/region dominates the market in the base year? Which segment/region will project the fastest growth in the market? How has COVID-19 impacted the market? Recovery Timeline Deviation from the pre-COVID forecast Most affected region/segment Who is the leader in the market? How players are addressing challenges to sustain growth? Where is the investment opportunity? Global Computer-Aided Drug Discovery Market Report by Segment By Type    Structure-Based Drug Design Ligand-Based Drug Design Sequence-Based Approaches By Therapeutic Area      Oncology Neurology Cardiovascular Disease Respiratory Disease Diabetes By End-User    Pharmaceutical Companies Biotechnology Companies Research Laboratories

2. For More Customized Data, Request for Report Customization https://www.omrglobal.com/report-customization/computer-aided-drug-discovery-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. Media Contact Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404