Drug discovery AI
Nostrum AI Awarded Multimillion Dollar R&D Datalake Contract with Roche
Drug discovery AI - Pharmaceutical heavyweight Roche has finalised a five-year to NostrumAI outsourcing contract with Scientific Data lake- a deal that could deliver the start-up a multi million in revenue over its life.
Negotiations between the two parties began in early January after Roche selected NostrumAI as its preferred services supplier for R&D Datalake after a close-fought contest.
A Roche spokeswoman yesterday confirmed the deal with whichNostrum will take over the management of Scientific Datalake software systems from the incumbent . She declined to reveal the value of the deal.
The contract, first flagged by Bloomberg on October 1st, covers three global Systems- Instruments, Genomics, QA/QC including two existing platforms.
