GUILFORD, Conn., July 02, 2019 (GLOBE NEWSWIRE) — InveniAI® Corporation, a global leader pioneering the application of artificial intelligence (AI) and machine learning (ML) to transform innovation across healthcare and other industries, today announced it has appointed Amit Agrawal, Ph.D., Global Head of Portfolio Strategy and Management for Global Drug Development (GDD), Novartis as a key member of its board of directors.
InveniAI has also established a European headquarters in Basel, Switzerland as the company's platform, AlphaMeld™, continues to see rapid adoption in the US and internationally.
Dr. Agrawal, a biopharma Strategy and R&D leader, brings scientific and technology expertise to a world-class board of directors at InveniAI. He joined Novartis in October 2018 from Amgen where he was the Head of Corporate Strategy. Prior to Amgen, he was an engagement manager at McKinsey and finished a post doc at MIT, where he developed and tested formulations that improve siRNA delivery in ovarian cancer and glioblastoma mouse models. He completed his PhD in Biomedical Engineering from Georgia Tech and has an undergraduate and master's degree in Chemistry from the Indian Institute of Technology, Kanpur.
"Amit will add a broad corporate strategy perspective and bring strong biopharma experience to our board as we look to forge new partnerships," said Krishnan Nandabalan, Ph.D., President and CEO, InveniAI Corp. "Our expansion into the EU marks a milestone moment in the growth of InveniAI as we see our platform being deployed to access and monitor innovation by world-class organizations across the globe."
"InveniAI's AI-based platform, AlphaMeld™, accelerates identification of the next breakthrough, lending competitive advantage to its users. It can aid decision making across the entire value chain and it bridges the gap between human expertise and the insights hidden in the vast amounts of data being generated both within an organization and in the public domain," said Amit Agrawal, Ph.D.