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Contribution: Industrial Research Assistance Program – Contributions to Firms

48Hour Discovery Inc.

$191,900.00

AI-Driven System for Predicting Drug Binding Affinity for Drug Discovery

FY 2021-22 · 2021-09-01

Summary
This project will help 48Hour Discovery further develop its Artificial Intelligence driven system for predicting drug leads with strong binding affinity for drug discovery. The project will add value to 48HD’s service offerings through improvements in binding affinity rates and optimized protocols for affinity maturation libraries.
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Location
Edmonton|Edmonton, Alberta, Canada
Recipient Type
For-profit organization
Business Number
719831695
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions

Amendments

Each version of the agreement as published, oldest first, with its total as of that version. The amount above is the latest.

AmendmentDateFiscal YearTotal
02021-09-012021-22$191,900.00
22021-09-012021-22$191,900.00

As published

Additional Information
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 92 days.
Additional Information (French)
Cet accord a été modifié 1 fois La date de fin du présent accord a été changé de 92 jours.
Agreement End Date
2022-12-31
Agreement Number
978124
Agreement Start Date
2021-09-01
Agreement Title
AI-Driven System for Predicting Drug Binding Affinity for Drug Discovery
Agreement Title (French)
Système basé sur l'IA pour prédire l'affinité de liaison des médicaments pour la découverte de médicaments
Agreement Type
Contribution
Agreement Value
$191,900.00
Amendment Date
2022-08-11
Amendment Number
2
Coverage
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation. | Les projets des Contributions aux entreprises stimulent la création de richesse au Canada grâce à l’innovation technologique.
Description
This project will help 48Hour Discovery further develop its Artificial Intelligence driven system for predicting drug leads with strong binding affinity for drug discovery. The project will add value to 48HD’s service offerings through improvements in binding affinity rates and optimized protocols for affinity maturation libraries.
Description (French)
Ce projet permettra à 48Hour Discovery de poursuivre le développement de son système basé sur l'intelligence artificielle pour prévoir de nouveaux médicaments potentiels ayant une forte affinité de liaison pour la découverte de médicaments. Le projet ajoutera de la valeur aux offres de services de 48HD en améliorant les taux d'affinité de liaison et en optimisant les protocoles pour les bibliothèques de maturation d'affinité.
Expected Results
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Expected Results (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Federal Riding
Edmonton Centre
Federal Riding (French)
Edmonton-Centre
Federal Riding Number
48014
NAICS Code
541710
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program – Contributions to Firms
Program Name (French)
Programme d’aide à la recherche industrielle – Contributions aux entreprises
Program Purpose
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Program Purpose (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Recipient Business Number
719831695
Recipient City
Edmonton|Edmonton
Recipient Country
CA
Recipient Legal Name
48Hour Discovery Inc.
Recipient Postal Code
T5K 0H2
Recipient Province or Territory
AB
Recipient Type
F
Reference Number
172-2021-2022-Q2-978124