On October 22, 2019 Systems Oncology, LLC ("SO") and The Pritzker Organization, LLC ("TPO") reported that Pritzker Family Business Interests advised by TPO have invested in the first closing of SO’s Series B round (Press release, Systems Oncology, OCT 22, 2019, View Source [SID1234542419]). The funding will be used to invest in both discovery research and pre-clinical development to evolve SO’s rapidly expanding pipeline of innovative cancer therapeutics.
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Systems Oncology leverages big data and AI to discover novel scientific insights into cancer biology. These therapeutic insights are then applied to build therapeutic programs. Specifically, SO’s ExpansiveAI discovery engine allows scientists to integrate and translate big data from hundreds of scientific sources into intelligently linked scientific knowledge, making it possible to uncover truly unique therapeutic opportunities. This cognitive computing platform integrates and connects multiple different kinds of data into multidimensional models, which in turn allows for unprecedented scale and efficiency in applying machine learning to mine trillions of biomedical relationships. This engine enables SO to explore a massive universe of therapeutic opportunities many orders of magnitude more expansive than the human mind can imagine.
"We are honored by the investment from The Pritzker Organization and look forward to them joining us with a seat on our Board of Directors," said Dr. Spyro Mousses, CEO of Systems Oncology. "TPO’s investment is a prestigious recognition for the potential SO has to transform drug discovery and development with AI. They bring a wealth of experience investing in and growing companies and will help us continue to grow for years to come and fulfill our commitment to bring forward breakthrough oncology therapeutics for unmet patient needs."
"We are very excited about the potential for Systems Oncology’s combination of leading-edge AI and outstanding clinical expertise to produce novel cancer therapies," said Joseph Gleberman, TPO Managing Director.