August 25, 2020
“It’s time to take healthcare development into the digital age. We are excited about the opportunity to make a positive contribution to the work of the Avicenna Alliance, which offers the prospect of more affordable, effective, and efficient delivery of new diagnostics, medicines, and medical devices,” says James Scapa, founder and chief executive officer of Altair.
As a result of the work done by Altair and other members of the Avicenna Alliance, the ethical and logistical challenges of testing experimental drugs on large numbers of people are minimized or eliminated.
Established in 2016, the alliance brings together stakeholders in industry, government and academia to promote the benefits of “in silico” medicine to overcome the prohibitive costs and delays often associated with conventional pharmaceutical trials, testing and medical device development.
Altair will bring its expertise and experience in advanced simulation and data analytics to the work of the Avicenna Alliance. This includes promoting governments worldwide to recognize and support “in silico” medicine, and seeking to establish a common, standardized framework for this approach to health care delivery.
“The need for faster development of innovative healthcare solutions has never been more apparent. We warmly welcome Altair as a new member of the Avicenna Alliance,” says Thierry Marchal, secretary general of the Avicenna Alliance. “In particular, we look forward to the valuable insight Altair can offer in terms of applying advanced simulation and data analytics to rapidly resolve the most complex scientific challenges.”
Sources: Press materials received from the company and additional information gleaned from the company’s website.