Owkin

Owkin

AI-powered diagnostics and drug development

About Owkin

Simplify's Rating
Why Owkin is rated
A-
Rated A on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

AI & Machine Learning

Biotechnology

Healthcare

Company Size

201-500

Company Stage

Series B

Total Funding

$335M

Headquarters

Paris, France

Founded

2016

Overview

Owkin specializes in using artificial intelligence to improve diagnostics and drug development in healthcare. Their technology employs machine learning and biological data to make clinical trials more efficient and less risky, which helps speed up the process of bringing new drugs to market. Owkin works with major biopharma companies and academic institutions, providing AI solutions that fit into existing digital pathology systems for better diagnosis. Unlike many competitors, Owkin focuses on creating tailored AI models and using various types of patient data to improve clinical trial recruitment and results. The company's goal is to enhance the precision of medicine, particularly in oncology and other serious diseases, through strategic partnerships and collaborations.

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Simplify's Take

What believers are saying

  • Owkin's AI discovery program accelerates medical breakthroughs and drug development.
  • Partnerships with companies like Absci enhance Owkin's drug discovery capabilities.
  • AI-driven diagnostics improve precision medicine and patient outcomes in oncology.

What critics are saying

  • Increased AI competition may impact Owkin's market share and pricing power.
  • Reliance on partnerships exposes Owkin to risks if collaborations underperform.
  • Complex clinical trials for OKN4395 carry risks of failure or delays.

What makes Owkin unique

  • Owkin uses AI to streamline and de-risk clinical trials in drug development.
  • Owkin's K1.0 Operating System aids in novel cancer therapy development, like OKN4395.
  • Owkin's AI models integrate into digital pathology workflows for accurate diagnostics.

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Funding

Total Funding

$335M

Above

Industry Average

Funded Over

5 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$65M
Substack
$80M
Owkin
$100M
ClickUp

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

1%

2 year growth

3%
Scientific Computing
Mar 4th, 2025
Owkin launches AI discovery program for medical breakthroughs

Owkin launches AI discovery program for medical breakthroughs.

XRP Health Magazine
Feb 28th, 2025
Owkin launches AI-powered program to unify biomedical data

Owkin launches AI-powered program to unify biomedical data.

Hit Consultant
Jan 31st, 2025
Owkin Doses First Patient In Phase I Trial Of Ai-Optimized Cancer Therapy Okn4395

What You Should Know:– Owkin, an AI-powered biotech company, today announced the dosing of the first patient in its Phase I clinical trial of OKN4395, a novel cancer therapy designed to restore immune function in patients with advanced solid tumors.– OKN4395 represents a novel approach to cancer treatment by targeting multiple immunosuppressive pathways simultaneously.OKN4395 BackgroundOKN4395 is a first-in-class asset that selectively inhibits three immunosuppressive receptors: EP2, EP4, and DP1. These receptors are known to play a role in tumor progression and resistance to immunotherapy. By blocking these pathways, OKN4395 aims to unleash the power of the immune system to fight cancer.The INVOKE Study (OKN-4395-121)The Phase Ia/1b clinical trial, known as INVOKE, is a global, multicenter, open-label study evaluating OKN4395 in patients with advanced solid tumors.Phase Ia: Assesses the safety and tolerability of OKN4395 as a monotherapy and in combination with pembrolizumab (an immunotherapy drug).Assesses the safety and tolerability of OKN4395 as a monotherapy and in combination with pembrolizumab (an immunotherapy drug). Phase Ib: Expands into four cohorts to evaluate preliminary anti-tumor activity, safety, and conduct extensive exploratory analyses.Owkin’s proprietary K1.0 Operating System played a crucial role in the development of OKN4395, from asset selection to clinical trial design. The AI platform was used to:Gain a deeper understanding of the target pathways: Analyze complex biological data to identify and validate the EP2/EP4/DP1 targets.Analyze complex biological data to identify and validate the EP2/EP4/DP1 targets. Optimize indication selection: Identify the most promising cancer types for OKN4395 treatment.Identify the most promising cancer types for OKN4395 treatment

FMAI Hub
Jan 14th, 2025
Owkin K1.0 Turbigo- Foundations for AGI in Biology?

Owkin, an end-to-end AI-biotech has announced Owkin K1.0 - a proprietary operating system (OS) for discovering new disease biology with the goal to become the first Artificial General Intelligence (AGI) for biology.

GlobeNewswire
Jan 10th, 2025
Absci And Owkin Synergize Leading Techbio Platforms To Advance Generative Ai Drug Discovery

VANCOUVER, Wash. and PARIS, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Absci Corporation (NASDAQ: ABSI), a data-first generative AI drug creation company, and Owkin, a TechBio that uses agentic AI to unlock complex targets for drug discovery, development, and diagnostics, today announced a partnership bringing together two leading AI platforms to rapidly discover and design novel therapeutics for patients. “At Absci, we’re constantly pushing the boundaries of innovation to bring better biologics to patients faster,” said Sean McClain, Founder and CEO of Absci. “By combining Absci’s AI de novo design expertise with Owkin’s world-class predictive AI target discovery technology, we have a unique opportunity to design first-in-class and potentially transformative therapeutics for patients in need.” Through this strategic partnership, Absci and Owkin will co-develop therapeutic candidates addressing novel targets in immuno-oncology and other indications, such as immunology and inflammation. Owkin’s predictive AI models will optimize target selection and validate therapeutic hypotheses using extensive biomedical datasets and patient-derived organoids

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