Announcing the appointment, a world first in board appointments and venture capital, DKV Senior Partner Dmitry Kaminskiy stated: "The variables involved in the long-term success of a biotechnology company are many and complex. We were attracted to a software tool that could in large part automate due diligence and use historical data-sets to uncover trends that are not immediately obvious to humans surveying top-line data. We plan to incorporate new information from prospective investments into the databases to compare the outcomes against our selected investments."
Version 1.0 of the software focuses the subset of companies involved in the Regenerative Medical sector organized into a framework that describes the nature of their technology, targeted indication or position in the industry ecosystem. Describing the program, Aging Analytics Senior Analyst
"We developed VITAL with the goal of creating software that can intuitively predict the success of a project or a company at the initial seed funding level based up on an extensive analysis of historical data. Due to lack of public disclosure datasets on investment rounds, intellectual property and clinical trial outcomes are not always available. In spite of this our team of programmers - several of which have theoretical physics backgrounds - are able to use fuzzy logic to identify probable success based upon an extensive analysis of the parameters involved. Our goal through iterative releases and updates is to create a piece of software that is capable of making autonomous investment decisions."
The move by DKV may herald a new direction in venture capital, as Aging Analytics expects to license the software to other venture capital and alternative investment funds interested in the life science sector. Describing the merits of the technology, Aging Analytics Head of Communications Ashley Highland stated:
"Whereas previous investment tools have defined the Regenerative Medicine sector by those companies actively focused upon it, VITAL digs deeper and analyzes the involvement of companies in the supply chain. For example those companies providing equipment, reagents, cell lines or services. It also documents larger companies just beginning to explore the sector in early-stage translational trials. By breaking down the sector in this way VITAL can provide investors with more conservative options for gaining exposure to this high risk / high reward new sector. Our end goal is to develop a program that is capable of making its own investment decisions based upon an investor's preferences."
About Aging Analytics
Aging Analytics Agency Ltd performs innovative research in biotechnology and regenerative medicine, keeping abreast of the newest processes and technologies for extending life. Through development of databases, frameworks and software supporting financial decision making it provides tools to qualify capital allocation decisions in the public and private sector. The company also provides strategic consulting in the field of regenerative medicine. Aging Analytics is registered in
About InSilico Medicine
InSilico Medicine is a biotechnology company that uses its expertise in targeted drug selection based on individual patient's gene expression data and signaling cloud regulation for drug discovery in oncology and aging. The longer term goal of In Silico Medicine is to partner with the top pharmaceutical companies to help analyze their drug databases and lead compounds, improve enrollment into clinical trials, and to enable them to accurately predict the efficacy of their drugs on patient groups and individual patients. For more information, please visit http://www.insilicomedicine.com
Read the full story at http://www.prweb.com/releases/2014/05/prweb11847458.htm
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