Full-Time
Posted on 6/18/2024
AI-driven platform for pre-clinical drug discovery
No salary listed
Senior, Expert
Company Does Not Provide H1B Sponsorship
Boston, MA, USA + 1 more
More locations: New York, NY, USA
TandemAI focuses on improving the drug discovery process for researchers, pharmaceutical companies, and academic institutions. Their main product, TandemViz, is a web-based platform that uses advanced computational tools and AI to simulate and visualize how drugs interact with proteins at the molecular level. This allows users to see drug-protein interactions in real-time through dynamic physics-based simulations. Unlike many competitors, TandemAI operates on a "Discovery as a Service" model, providing their tools and expertise through subscription fees and service contracts, making it easier for researchers to access these advanced technologies. The company's goal is to enhance the efficiency and success rate of pre-clinical drug candidates, ultimately leading to better treatment options for patients.
Company Size
11-50
Company Stage
Series A
Total Funding
$60M
Headquarters
New York City, New York
Founded
2021
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TandemAI today announced the release of TandemViz ™1.0, the company’s proprietary web-based platform that provides its growing roster of drug discovery clients with a user-friendly and collaborative graphical interface to TandemAI’s suite of computational tools.
SAN DIEGO & NEW YORK & SUZHOU & SHANGHAI--(BUSINESS WIRE)--TandemAI, a technology company focused on transforming drug discovery infrastructure, today announced the appointment of Alessandro Monge, PhD, as Chief Business Officer. Dr. Monge has more than 20 years of experience in developing and deploying marketing strategies for computational technologies at established companies such as Schrödinger, as well as emerging companies, most recently at Iktos, where he was Senior Vice President and Head of US Operations.“Alessandro brings unique insights into how AI and computational tools can impact drug discovery and a wealth of experience in dealmaking with pharmaceutical and biotechnology companies,” said Jeff He, MBA, co-founder, and CEO of TandemAI. “In the CBO role, he will build on our success to date and drive TandemAI’s commercialization strategy.” He noted that TandemAI, founded in October, 2021, now has 200 employees in both the US and China, and currently serves more than 30 clients globally.“TandemAI’s integration of the most advanced computational technologies with medicinal chemistry and biology has great potential to bring unique value in drug discovery,” said Dr. Monge. “The company’s vision to dramatically lower the barrier to the world’s most advanced computational tools is inspiring and creates enormous opportunities for biotechnology and pharmaceutical partners to enhance and accelerate drug discovery through a streamlined, big data-driven process of ideation and testing.”Dr
He noted that since TandemAI was established in late 2021 with $25M venture funding from OrbiMed and Chengwei Capital, the company has built a client roster of two dozen biotech companies.
TandemAI today announced it has raised $25 million in Seed and pre-Series A financing to advance its proprietary computational platform and expansion of its wet lab operations.