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GSK, Tempus enter into expanded collaboration in precision medicine to accelerate RnD
London: GSK plc and Tempus, a US-based precision medicine company, have entered into a three-year collaboration agreement that provides GSK with access to Tempus' AI-enabled platform, including its library of de-identified patient data. Through its leading Artificial Intelligence and Machine Learning (AI/ML) capability, GSK will work together with Tempus to improve clinical trial design, speed up enrolment and identify drug targets.
The new collaboration builds from the existing relationship between the companies that began in 2020 on clinical trial enrolment of patients with certain types of cancer. It will now expand GSK's access to de-identified patient data bringing greater scale and detail. Tempus' dataset draws from its work with over 40% of oncologists in the U.S. at academic medical centres and community hospitals.
Tony Wood, Chief Scientific Officer, GSK, said: "This collaboration will provide GSK with unique insights to discover better medicines and transform drug discovery. Tempus complements the work our team is already doing at the intersection of genomics and machine learning across both early discovery and clinical trials."
Eric Lefkofsky, Founder and CEO, Tempus, said: "GSK's data-first approach to therapeutic research aligns with our own, and we believe that Tempus has the resources and capabilities to complement GSK's dedication to data science, in a way others can't given the breadth and depth of our platform. We both share a commitment to providing patients with more personalised therapeutic options to help them live longer and healthier lives."
GSK and Tempus currently collaborate on an open-label phase II study, which applies an innovative, data-driven approach designed to accelerate and streamline study timelines. This includes expediting the protocol development and intelligent site selection in under 60 days and enrolling its initial patients within three months of the study launch.
The expanded collaboration has a minimum financial commitment over three years, for which GSK made a $70 million initial payment. GSK then has the option to extend for two additional years.
Read also: USFDA nod to GSK Menveo in new single-vial presentation to prevent invasive meningococcal disease
Ruchika Sharma joined Medical Dialogue as an Correspondent for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751