Congresswoman Speier to Join Numerate in Announcing U.S. Department of Defense Contract for Speeding Design of Biowarfare Countermeasures
9/7/2010 10:57:30 AM
SAN BRUNO, Calif.--(BUSINESS WIRE)--Numerate, Inc., a technology platform company that is leveraging proprietary algorithms and the power of cloud computing to radically transform the drug design process, will announce the award of a three-year contract by the Department of Defense through its Transformational Medical Technologies (TMT) Program. Numerate may receive up to $6.75 million under this new Defense Threat Reduction Agency (DTRA) contract to extend its pioneering data-driven drug design approach, applying modern machine-learning methods similar to those employed by Google, Amazon and Netflix to rapidly design new drugs with optimized safety, efficacy and dosing convenience.
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