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On Wed, 19 Feb, 8:04 AM UTC
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Shift Bioscience Establishes North American Facilities to Advance AI-Powered Rejuvenation Research
The expansion aligns with Shift Bioscience's AI-driven growth strategy following a USD 16 million seed funding round. Shift Bioscience, a biotech company leveraging AI-powered virtual cells to combat age-related diseases, announced on Tuesday, February 18, the establishment of a new North American team and facilities. This expansion aims to advance the development of the Company's platform for discovering rejuvenation gene targets by tapping into Toronto's AI ecosystem. Also Read: AI-Driven Medicine Could Offer Hope for Snakebite Treatment "By expanding into this AI hub, the company gains access to top machine learning talent, enabling it to further strengthen its IP portfolio and develop new capabilities for its virtual cell platform," the official release said. The biotech company noted that North America is a global hotspot for AI and Machine learning scientists, with a projected 32.92 percent market share in 2024. The move follows the company's USD 16 million seed funding round in October 2024, aligning with its AI-focused growth strategy. Also Read: Nvidia and Partners Develop AI Model to Predict Future Glucose Levels in Individuals Leading the initiative is Lucas Camillo, Head of Machine Learning, who will relocate to Toronto, Canada to oversee the platform's development. AI and computational biology expert, Bo Wang, has been appointed as Senior Advisor to guide the company's technology advancements. Together, they will lead the team at this global AI hub to accelerate the growth of the IP portfolio and progress toward key technical milestones, the company noted. "North America boasts some of the world's most successful AI companies, and the importance of being able to access the region's extensive talent pool cannot be understated," commented Lucas Camillo, Head of Machine Learning, Shift Bioscience. He continued: "I look forward to working closely with Bo to build out a world-class team of machine learning scientists, and to continue development of our virtual cell platform as an invaluable tool to unlock new gene targets that could potentially treat even the most debilitating of age-related diseases." Also Read: Nvidia Accelerates AI Integration in Medical Imaging with MONAI Professor Bo Wang, Senior Advisor, Shift Bioscience, added: "Embracing the transformative power of AI is crucial to developing innovative treatments that can transform patient care. Shift Bioscience's virtual cell technology is doing just that, unlocking new gene targets that have the potential to address the growing burden of age-related diseases."
[2]
Shift Bioscience establishes North American facilities to expand capabilities of AI-powered virtual cell technology
Shift BioscienceFeb 18 2025 Shift Bioscience, a biotech company using an AI powered virtual cell to fight age-related diseases, today announced the establishment of a new North American team and facilities to advance development of the Company's platform for discovery of rejuvenation gene targets. Based in Toronto, Canada, the team will be led by Lucas Camillo, Head of Machine Learning, with Professor Bo Wang appointed as Senior Advisor. By expanding into this AI hub, the Company gains access to top machine learning talent, enabling it to further strengthen its IP portfolio and develop new capabilities for its virtual cell platform. With an estimated 2024 market share of 32.92%, North America is a global hotspot for AI and machine learning scientists. Following the close of the Company's $16 M Seed funding round in October 2024, establishing a presence in this region forms a key part of the Company's AI-focused strategy. Lucas Camillo, Head of Machine Learning, will be relocating to Toronto, Canada, to oversee the further development of the Company's virtual cell platform, leveraging the team's expertise to explore novel capabilities for the platform, and identify new rejuvenation gene targets. As Senior Advisor, Professor Bo Wang will work closely with Lucas to guide ongoing development of the Company's technology. Bo is a renowned expert in the field of AI and computational biology, specializing in AI-powered virtual cells. He is currently Assistant Professor at the University of Toronto, where his lab develops machine learning algorithms for a breadth of applications, including clinical tools for personalized patient care, and cell simulation. In addition, Bo is Chief AI Scientist for the University Health Network, Canada's leading research hospital, and holds a Canada CIFAR AI Chair from the Vector Institute. Bo has published multiple first-author papers in high-profile journals including Nature Methods and Nature Communications. "North America boasts some of the world's most successful AI companies, and the importance of being able to access the region's extensive talent pool cannot be understated," commented Lucas Camillo, Head of Machine Learning, Shift Bioscience. He continued: "I look forward to working closely with Bo to build out a world-class team of machine learning scientists, and to continue development of our virtual cell platform as an invaluable tool to unlock new gene targets that could potentially treat even the most debilitating of age-related diseases." Embracing the transformative power of AI is crucial to developing innovative treatments that can transform patient care. Shift Bioscience's virtual cell technology is doing just that, unlocking new gene targets that have the potential to address the growing burden of age-related diseases. I'm pleased to be joining the team, and to draw on my experience in cell simulation to accelerate the development of the Company's powerful virtual cell platform." Professor Bo Wang, Senior Advisor, Shift Bioscience Shift Bioscience
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Shift Bioscience, a biotech company using AI-powered virtual cells to combat age-related diseases, establishes new facilities in Toronto, Canada. This expansion aims to leverage the region's AI talent pool and advance their platform for discovering rejuvenation gene targets.
Shift Bioscience, a biotech company leveraging AI-powered virtual cells to combat age-related diseases, has announced the establishment of new facilities in North America. The company's expansion, revealed on February 18, 2025, focuses on setting up a team and facilities in Toronto, Canada, to advance the development of its platform for discovering rejuvenation gene targets 12.
The expansion aligns with Shift Bioscience's AI-driven growth strategy, following a successful USD 16 million seed funding round in October 2024. By establishing a presence in Toronto, the company aims to tap into the city's thriving AI ecosystem and gain access to top machine learning talent 1.
North America is projected to hold a 32.92 percent market share in AI and Machine Learning by 2024, making it a global hotspot for expertise in these fields. This move allows Shift Bioscience to strengthen its IP portfolio and develop new capabilities for its virtual cell platform 2.
Leading the initiative is Lucas Camillo, Head of Machine Learning, who will relocate to Toronto to oversee the platform's development. The company has also appointed AI and computational biology expert, Professor Bo Wang, as Senior Advisor to guide technology advancements 12.
Professor Wang brings extensive experience to the role, currently serving as Assistant Professor at the University of Toronto and Chief AI Scientist for the University Health Network. His expertise in AI-powered virtual cells and machine learning algorithms for clinical applications will be invaluable to Shift Bioscience's mission 2.
Shift Bioscience's virtual cell technology aims to unlock new gene targets that could potentially treat debilitating age-related diseases. The expansion into North America is expected to accelerate the growth of the company's IP portfolio and progress toward key technical milestones 1.
Lucas Camillo emphasized the importance of accessing North America's extensive talent pool, stating, "I look forward to working closely with Bo to build out a world-class team of machine learning scientists, and to continue development of our virtual cell platform as an invaluable tool to unlock new gene targets" 12.
The company's focus on AI-powered rejuvenation research has the potential to transform patient care and address the growing burden of age-related diseases. Professor Wang highlighted the transformative power of AI in developing innovative treatments, expressing enthusiasm for joining the team and contributing his expertise in cell simulation to accelerate the development of Shift Bioscience's virtual cell platform 2.
As the biotech industry continues to embrace AI technologies, Shift Bioscience's expansion represents a significant step forward in the quest to combat age-related diseases through innovative, AI-driven approaches.
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