Every year, the pharmaceutical industry invests €31.5 billion in R&D just in Europe, generating over 118,000 direct jobs. However, the competitiveness of the R&D process in this industry has been steadily declining during the past two decades, increasing the costs of new drug development from €1 billion in 2000 to €2.58 billion in 2015. The increase is due to several factors, including a stricter regulatory landscape, a lower investment in public R&D and the difficulty to find original molecules (New Molecular Entities – NME) subject to be patented.
Early drug discovery stages (where computers are employed) have a deep impact on deciding which molecules are fed into a drug discovery pipeline and on the overall drug development costs in consequence. Pharmacelera aims at creating a new computing standard for Computer-Aided Drug Design (CADD) through a machine learning platform that enables accurate prediction of molecular properties of candidate molecules and enables a holistic view of all relevant molecular interactions.