Baidu Partners with Sanofi on Vaccine Development
23 November 2021 - 09:22AM
TipRanks
Baidu (BIDU) has achieved a significant milestone as it seeks to
leverage computational biology strengths in enhancing mRNA vaccine
and therapy designs. The company has reached an agreement that will
see Sanofi (SNY) integrate Baidu's mRNA design optimization
platform, LinearDesign, into Sanofi's product design pipeline. BIDU
shares fell 2.61% to close at $147.81 on November 22. Baidu is a
Chinese AI and internet company that offers internet related
services and online marketing solutions. The company operates
through Baidu Core and iQIYI segments. Baidu- Sanofi Partnership
The integration will pave the way for Sanofi to use the
LinearDesign platform to optimize mRNA sequences in human therapies
and in preventive uses.
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