Work Here?
Industries
AI & Machine Learning
Biotechnology
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$474.2M
Headquarters
Boston, Massachusetts
Founded
2019
Valo Health focuses on drug discovery and development in the biopharmaceutical sector. The company uses its Opal Computational platform, which integrates machine learning, tissue biology, and patient data, to create tools that enhance the drug development process. This platform allows Valo Health to identify potential drug candidates more quickly and accurately than traditional methods. Unlike many competitors, Valo Health combines technology with life sciences, which helps it tackle significant challenges in the industry. The company's goal is to improve health outcomes for patients worldwide by delivering effective solutions through partnerships with pharmaceutical companies and research institutions.
Help us improve and share your feedback! Did you find this helpful?
Total Funding
$474.2M
Above
Industry Average
Funded Over
8 Rounds
Valo is a new type of technology company, uniting human and machine intelligence aiming to accelerate the creation of life-changing cures.
Novo Nordisk on Wednesday announced that it will expand a 2023 contract with Boston biotech Valo Health to develop novel treatments for obesity, type 2 diabetes and other cardiometabolic conditions.The expanded deal’s initial consideration involves a total of $190 million in an upfront payment, equity investment and milestones. The partners will be able to work collaboratively on up to 20 drug programs for which milestone payments could reach around $4.6 billion, in addition to R&D funding and potential royalties.Novo and Valo first entered into their partnership in September 2023. At the time, the obesity leader paid $60 million upfront and pledged up to $2.7 billion for the opportunity to collaborate on 11 cardiometabolic programs. At the center of the collaboration is Valo’s AI-enabled preclinical capabilities, which allow the biotech to identify and validate druggable targets, as well as design and screen potentially therapeutic molecules against these targets.Valo says its preclinical edge comes from its proprietary computational platform Opal, which leverages AI models built using high-quality human data. What the biotech calls its “integrated approach” to drug discovery and development generates and uses data at every stage of the process—from disease and target discovery through regulatory approval—producing a “self-reinforcing, active learning system” that improves its performance with each experiment, the company says on its website.Valo claims its human-centric data library is “the largest and densest in the world,” and that models developed using these data can help Valo and its partners predict disease progression “and how a drug will perform before it even touches a person.”For Novo, Valo’s approach appears to be working well. Pharma CSO Marcus Schindler said in a statement on Wednesday that the company is “very pleased with the progress” it has seen under the Valo partnership, leading to its decision to expand the agreement
Novo Nordisk's collaboration with artificial intelligence startup Valo Health has focused on developing new drugs for cardiovascular disease.
Jan 8 (Reuters) - Danish drugmaker Novo Nordisk (NOVOb.CO) and U.S. tech firm Valo Health said on Wednesday they were expanding their 2023 agreement to develop new treatments for cardiometabolic diseases using human data and artificial intelligence (AI).
If the programs hit their milestones, Valo could receive $4.6 billion from Novo plus R&D funding and potential royalty payments.
Find jobs on Simplify and start your career today
Industries
AI & Machine Learning
Biotechnology
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$474.2M
Headquarters
Boston, Massachusetts
Founded
2019
Find jobs on Simplify and start your career today