Bitfount Wins at CogX for Best Innovation in Pharma

We are thrilled to announce that Bitfount has been honoured at the CogX 2023 for Best Innovation in Pharma! The award recognises our work in accelerating clinical trials for new drug discovery through the use of Federated Data Science and Artificial Intelligence. This esteemed accolade was presented during the annual CogX Festival in London, where we also showcased our technology for three incredible days.

The Award:

The CogX Awards are renowned for spotlighting the pinnacle of innovation in the world of AI and Emerging Technologies. Being recognised for our contributions in Pharma exemplifies the value of Bitfount's federated machine learning software in Pharma, which validates, fine-tunes, and trains medical models.

Our work:

Bitfount is working to revolutionise drug development by making clinical trials more efficient, accurate, and fast. With the support of our AI tools, data scientists and clinicians can pinpoint promising clinical trial candidates and evaluate their efficacy much quicker than traditional methods. Our federated Machine Learning software allows for collaborative machine learning without a centralised training data set, maintaining data privacy and integrity across multiple institutions.?

“It’s been very exciting to see the impact that we can have on clinical trial recruitment and real world evidence use cases in pharma. We’re excited to receive an award for pharma innovation!” - Blaise Thomson (CEO, Bitfount)

A Look Into the Future:

This award serves as a testament to our work in accelerating clinical trials. We are more committed than ever to breaking down barriers and making strides in advancing AI technologies to solve real-world problems.

We would like to extend our heartfelt gratitude to the CogX panel and everyone who has supported us on this journey. Stay tuned for more exciting updates from Bitfount!