GlobeNewsWire
10 Jun 2026, 06:35 UTC · 3h ago
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Nxera Pharma has joined the OpenFold AI research consortium to utilize open-source AI tools for drug discovery. — Integrating advanced AI tools from a consortium including NVIDIA and Microsoft may improve R&D efficiency and pipeline velocity.
+0.30Nxera's participation in OpenFold does not require the company to contribute any proprietary data or intellectual property. — This mitigates the risk of IP leakage, ensuring the company retains its competitive advantage while gaining external tools.
+0.10Which stocks this story touches
The company is enhancing its R&D productivity and drug discovery capabilities by joining the OpenFold AI research consortium.
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Mentioned as a supporting member of an AI research consortium, indicating positive involvement in AI infrastructure.
Mentioned as a supporting member of an AI research consortium, indicating positive involvement in AI infrastructure.
Mentioned as a supporting member of an AI research consortium, indicating positive involvement in AI infrastructure.
Mentioned as a participant in the consortium without any specific positive or negative impact on business operations.
Mentioned as a participant in the consortium without any specific positive or negative impact on business operations.
Mentioned as a participant in the consortium without any specific positive or negative impact on business operations.
Mentioned as a participant in the consortium without any specific positive or negative impact on business operations.
[mutual] Nxera Pharma and Bristol Myers Squibb are both members of the OpenFold AI research consortium.
[mutual] Nxera Pharma and Novo Nordisk are both members of the OpenFold AI research consortium.
[mutual] Nxera Pharma and Roche are both members of the OpenFold AI research consortium.
[mutual] Nxera Pharma and Amazon Web Services are both members of the OpenFold AI research consortium.
[mutual] Nxera Pharma and Bayer are both members of the OpenFold AI research consortium.
[mutual] Nxera Pharma and Microsoft are both members of the OpenFold AI research consortium.
[mutual] Nxera Pharma and NVIDIA are both members of the OpenFold AI research consortium.
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