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Fifty1 Labs, Inc. Subsidiary Fifty1 AI Labs Partners with ViRx@Stanford Under 'BE READI!' Initiative to Advance AI-Powered Antiviral Drug Repurposing
Globenewswire· 2025-08-22 14:30
Core Insights - The partnership between ViRx@Stanford and Fifty1 AI Labs aims to enhance global health security by repurposing existing drugs into antiviral therapies through AI technology [1][2][3] - The initiative, named "BE READI!", focuses on proactive measures to prepare for and respond to emerging pandemics, emphasizing the need for rapid development of antiviral treatments [2][5] - The collaboration is backed by significant funding, including a US$69 million grant from the National Institute of Allergy and Infectious Diseases (NIAID), which supports the development of outpatient antiviral cocktails [4] Company Overview - ViRx@Stanford is dedicated to advancing antiviral drug development and enhancing biosecurity, leveraging cutting-edge AI to accelerate pharmaceutical innovation [6] - Fifty1 AI Labs specializes in AI-driven drug repurposing, focusing on off-patent compounds to create cost-effective therapies that improve patient outcomes [7] Strategic Goals - The partnership aims to build a scalable model for pandemic response, integrating AI and repurposed therapeutics to ensure rapid and equitable access to life-saving treatments [5] - The initiative draws lessons from past pandemics, including the COVID-19 pandemic, which resulted in approximately 10 million deaths, and aims to mitigate similar mortality rates in future outbreaks [3]
Fifty 1 Labs, Inc. Hosts Successful Virtual Shareholder Teleconference, Showcasing AI-Driven Functional Medicine Strategy and World-Class Leadership
Globenewswire· 2025-07-29 13:00
Strategic Growth Pillars: The leadership detailed a three-pillar roadmap: (1) A $1 million R&D investment to pioneer AI therapies addressing unmet needs; (2) A targeted $5–10 million biotech acquisition by July 2027 to broaden the pipeline; and (3) Uplisting to OTCQB by Q1 2026 and NASDAQ thereafter to boost liquidity and investor access. Unwavering Management Alignment: The team emphasized their $350,000 personal investment and salary deferral until reaching a $50 million valuation, aligning incentives wit ...