| News
Novartis works with Microsoft on artificial intelligence
02.10.2019
Novartis has selected Microsoft as its new strategic artificial intelligence (AI) and data science partner. With the collaboration, the Basel pharmaceutical giant aims to bolster its AI capacities and promote the development of transformative medicines.

Novartis Campus. (Img: Novartis)
Novartis has founded the Novartis AI Innovation Lab, announced a statement. In a strategic partnership, the Basel pharmaceutical company will work with Microsoft on research and development with two core objectives. Firstly, it will empower every Novartis employee to apply and use AI applications. Secondly, it will use AI to tackle existing challenges in life sciences.
To achieve these aims, Novartis and Microsoft will develop AI platforms to support future programs, while investing in projects, experts, technologies and tools. Novartis wants to continue evolving into a focused medicines company powered by advanced therapy platforms and data science, according to CEO Vas Narasimhan in the statement. “Pairing our deep knowledge of human biology and medicine with Microsoft’s leading expertise in AI could transform the way we discover and develop medicines for the world,” he said.
Satya Nadella, CEO of Microsoft, explained that the strategic alliance would address some of the biggest challenges facing the life sciences industry today and could help discover new medicines and reduce patient costs.
Share this article
Sign up to receive our newsletter in your inbox.
You might also be interested in
Space Pharmaceuticals establishes presence in Basel
Space Pharmaceuticals AG is strengthening the life sciences cluster in the Basel Area. At its research lab, the cheminformatics company...
Read MoreNextImmune to benefit from Venture Kick financing
The startup accelerator Venture Kick is supporting NextImmune with financing in the amount of 150,000 Swiss francs. The spin-off from...
Read MoreOECD impressed by the canton of Jura’s innovation system
The OECD has examined the innovation systems in place in rural areas of its member states, including the canton of...
Read Moreti&m opens branch in Basel
ti&m now has an office in Basel. With this action, the company specializing in digitization, security and innovation projects is...
Read MoreWhat can artificial intelligence do for health?
Algorithms help diagnose and treat diseases, discover new drugs and personalize prevention. Thus, the potential of artificial intelligence has been...
Read MoreEconomic promotion agency creates 55 new jobs in Jura
The economic promotion agency of the canton of Jura supported a total of 26 companies in founding, establishing a presence...
Read MoreInvestors top up capital of BioVersys
BioVersys has raised 24.2 million Swiss francs in a series C funding round. The Basel-based pharmaceutical company plans to use...
Read MoreSwiss made software label awarded to 1000th company
Swiss made software GmbH has now awarded its seal of quality to its 1,000th member firm. The “swiss made software”...
Read MoreEvokAI to acquire Advancience
EvokAI Creative Labs Inc. has agreed a deal to acquire Advancience. The diagnosis profiles enhanced by Artificial Intelligence (AI) developed...
Read MoreBeiGene opens European headquarters in Basel
BeiGene has opened its new European headquarters in Basel. The global biotech specializing in innovative cancer treatments intends to build...
Read More