Company type | Subsidiary |
---|---|
Industry | Drug discovery |
Founded | 24 February 2021 |
Founder | Demis Hassabis |
Headquarters | London, United Kingdom |
Key people | |
Parent | Alphabet Inc. |
Website | isomorphiclabs |
Isomorphic Labs Limited [1] is a London-based company which uses artificial intelligence for drug discovery. [2] [3] [4] Isomorphic Labs was founded by Demis Hassabis, who also serves as the CEO. [5] [3] The company was incorporated on February 24, 2021 [1] and announced on November 4, 2021. [6] It was established under Alphabet Inc. as a spin-off from its AI research lab DeepMind, of which Hassabis is also founder and CEO. [2] [3] [7]
The company draws upon DeepMind's AlphaFold technology, which can be used to predict protein structures in the human body with high accuracy, allowing its researchers to find new target pathways for drug delivery. [7] [8]
In December 2022, Isomorphic Labs announced its second office location in Lausanne, Switzerland. [7] [9]
In January 2024, Isomorphic Labs partnered with Novartis AG and Eli Lilly and Company to work together on AI drug discovery and research. [10]
In May 2024, Google DeepMind and Isomorphic Labs announced the release of AlphaFold 3, freely available on the AlphaFold server for non-commercial research. AlphaFold 3 is not limited to predicting how proteins fold, it can also predict the interactions with molecules typically found in drugs such as ligands or antibodies, which is expected to significantly accelerate drug discovery. [11]
Eric Emerson Schmidt is an American businessman and former Computer Engineer who served as the CEO of Google from 2001 to 2011 and as the company's executive chairman from 2011 to 2015. He also served as the executive chairman of parent company Alphabet Inc. from 2015 to 2017, and Technical Advisor at Alphabet from 2017 to 2020. In October 2024, he was 52nd richest according to Bloomberg Billionaires Index with an estimated net worth of US$33.8 billion.
Sir Demis Hassabis is a British Nobel laureate, computer scientist, artificial intelligence researcher, entrepreneur, and chess player. In his early career, he was a video game AI programmer and designer, and an expert board games player. He is the chief executive officer and co-founder of Google DeepMind and Isomorphic Labs, and a UK Government AI Adviser.
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