India, Oct. 12 -- The Technology Development Board (TDB), under the Department of Science and Technology (DST), Government of India, has signed an agreement with Bengaluru-based Peptris Technologies Private Limited to provide Rs 86 crore in financial support under the Research Development and Innovation (RDI) Fund for accelerating AI-driven drug discovery and development.
The project, titled VIGOR: Advancing AI-Discovered Molecules from Bench to Clinic, has a total cost of Rs 172 crore and aims to advance four drug candidates from Technology Readiness Level (TRL)-4 to TRL-6 through preclinical development, validation and clinical trial preparation. The financial assistance will be provided through optionally convertible debt (OCD).
The pr...