AIToday

Nxera Pharma joins OpenFold AI research consortium to advance drug discovery using open-source AI tools

Yahoo Finance AI19h ago2 min read
Nxera Pharma joins OpenFold AI research consortium to advance drug discovery using open-source AI tools

Summaries like this, in your inbox every morning.

Sign up free →

3 Key Points

  1. 1

    Nxera Pharma announced on 10 June 2026 that it has joined OpenFold, a non-profit AI research consortium that develops open-source AI software tools for biology and drug discovery. The consortium includes technology companies (Amazon Web Services, Microsoft, NVIDIA) and pharmaceutical companies (Bristol Myers Squibb, Novo Nordisk, Bayer, Roche).

  2. 2

    Nxera participates as a user of OpenFold's open-source tools and is not required to contribute proprietary data or intellectual property. The company aims to evaluate state-of-the-art structural prediction models, conduct GPCR target-focused performance evaluations, and integrate consortium tools with its proprietary NxWave™ platform, which combines GPCR structure-based drug discovery, computational chemistry, and AI approaches.

  3. 3

    Nxera's participation aligns with the company's policy to enhance R&D productivity through AI technologies, as presented at its 36th Ordinary General Meeting of Shareholders held on 25 March 2026. The initiative supports the company's strategy to accelerate progress from target validation to clinical development with optimized drug candidates.

Discussion

No comments yet. Be the first to share your thoughts!

Log in to join the discussion

Related Articles

Stay ahead with AI news

Get curated AI news from 200+ sources delivered daily to your inbox. Free to use.

Get Started Free

Free · takes 30 seconds · unsubscribe anytime

5 minutes a day. The AI essentials.

200+ sources · Email / LINE / Slack

Get it free →