20:55:13 EDT Tue 14 May 2024
Enter Symbol
or Name
USA
CA



Netramark Holdings Inc
Symbol AIAI
Shares Issued 65,637,875
Close 2023-10-31 C$ 0.36
Market Cap C$ 23,629,635
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Netramark to provide AI tech to biopharma company

2023-10-31 11:08 ET - News Release

Mr. Josh Spiegel reports

NETRAMARK SIGNS MASTER SERVICE AGREEMENT WITH A LARGE BIOPHARMACEUTICAL COMPANY

Netramark Holdings Inc. has entered into a master service agreement with a large publicly listed biopharmaceutical company.

The agreement paves the way for collaboration, whereby Netramark will employ its unique generative AI (artificial intelligence) technology platform to analyze clinical trial data from select candidate medicines of the biopharmaceutical company. The primary objective being to discover specific subpopulations, and shed light on unique patient enrichment paradigms related to drug and placebo responses.

Josh Spiegel, president of Netramark, expressed his enthusiasm: "We are elated to forge this relationship. Our advanced generative AI solutions are poised to offer profound insights into patient populations involved in clinical trials. This collaboration aims to enhance the success rates of late-stage clinical trials, aligning seamlessly with the biopharmaceutical company's dedication to expediting the development of innovative treatments for conditions with significant unmet medical needs."

The agreement follows an extensive and rigorous evaluation of Netramark by the biopharmaceutical company, including a comprehensive vendor qualification audit, ensuring adherence to the highest standards of good clinical practice (GCP).

About Netramark Holdings Inc.

Netramark is a company focused on being a leader in the development of generative artificial intelligence/machine learning (ML) solutions targeted at the pharmaceutical industry. Its product offering uses a novel topology-based algorithm that has the ability to parse patient data sets into subsets of people that are strongly related according to several variables simultaneously. This allows Netramark to use a variety of ML methods, depending on the character and size of the data, to transform the data into powerfully intelligent data that activate traditional AI/ML methods. The result is that Netramark can work with much smaller data sets and accurately segment diseases into different types, as well as accurately classify patients for sensitivity to drugs and/or efficacy of treatment.

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