BIOTECh

Biotechnology and Artificial Intelligence

The biotechnology sector

Biotechnology is a science that studies technologies applied to biology, often to improve the quality of life. The best known part of biotechnology is drug development.

Drug research and development is a time-consuming, extremely expensive and high-risk process. Because of the high dropout rate, few drugs actually go to market.

Adopting artificial intelligence in biotechnology

Artificial Intelligence is the ability of a machine to perform functions and reasoning typical of the human mind. Building on their definitions, it is clear that the relationship between AI and biotechnology is extremely delicate and bound to touch on deeply important issues such as the identity and nature of the human being. Alan Advantage is aware of this balance.

The benefits of adopting AI in biotechnology

The combination of AI and biotechnology provides many benefits, for example in precision medicine, patient stratification, and new drug discovery. By overcoming the difficulties of data quality, data management, and data governance, which are inherent barriers to AI adoption, the application of AI to genetics, genomics, and bioinformatics could make biotechnology one of the pillars of the next industrial revolution.

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We provide innovative technology services to help you reinvent your business as an intelligent enterprise: A.I., IoT, Biotech, Blockchain, Big Data, Cybersecurity.

Alan Advantage, AI and biotech

The artificial intelligence of Alan Advantage for biotechnology.

Alan Advantage applies a holistic method, for AI adoption. The principle is based on the fact that AI adoption is not only technical process, but also cultural process. In this process there are different components of technology and data level, and also ethical, strategic, human and economic level. Without this process, innovation risks not being sustainable.

Currently, the pharmaceutical industry requires a greater focus on data aggregation and sharing. This is precisely where the Alan Advantage network has a chance to stand out.

Just a couple of examples:

  • With our colleagues at myBiros, we can address the problem of data trapped in paper or pdfs. If the data is trapped, it can neither be aggregated nor shared. myBiros applies a form of AI, called NLP, to extract and structure data and then prepare it for analysis.
  • Pharma companies also look for data in the real world, the “real world.” KPI6 listens to social media in real time. Thus it can find temporal or geographic information of conversations about a drug. This data enriches the data that pharma already has.

Want to know more?

Discover the combination of AI and biotechnology

Alan Advantage at a glance

The Alan Advantage is an Operational Venture that provides strategic business acceleration support and capital to start-ups. Inspired by the paradigm of open innovation, we put our experience and the skills of our startups at the service of innovation

4

Worldwide main sites

+400

Network employees

+28M€

Total network revenues

+20

Startup and techs in our portfolio

200K€

Yearly Average Invested Amount

+1,2 Mil.€

direct (cash)
investment

+2 Mil.€

Influenced (cash)
investment

OUR AREAS OF FOCUS

Alan Advantage is a Consulting Firm very active in the world of innovative startups, both as a Business Angel and as a Startup Studio, to offer its customers strategic advice in innovation processes.
Its approach to the Market is based on the cultural foundations of the “Re: Humanism” program which always places human beings and society at the center of progress based on the adoption of technologies.

OUR NETWORK

Book an appointment with dr. Remco Foppen

Remco is a business executive with more than 20 years’ experience in the international life sciences industry. He has served in leadership positions across disciplines. While working at Thermo Fisher Scientific he gained a broad market knowledge from DNA – to cellular analysis, with responsibility over product, bespoke services and capital equipment. Particularly the capital equipment drove him to data, as these instruments produce large volumes of data. The result was leadership over informatics, software, database management products, and AI analysis. Developing business from scratch is his passion and he enjoys combining cutting edge science and business in the international arena.