Tevogen Bio Highlights the Future of AI-Driven Drug Development in Fireside Chat with Microsoft During the J.P. Morgan Healthcare Conference
24 Januar 2025 - 1:53AM
Tevogen Bio Holdings Inc. (“Company” or “Tevogen Bio”) (Nasdaq:
TVGN), a clinical-stage specialty immunotherapy biotech developing
off-the-shelf, genetically unmodified T-cell therapeutics for
infectious diseases and cancers, today announced key insights from
its recent fireside chat during the J.P. Morgan Healthcare
Conference. Utilizing artificial intelligence (AI) and machine
learning (ML) has been critical for Tevogen Bio, given its core
commitment to patient equity. By applying ML through Tevogen.AI,
the company has already achieved notable cost and time
efficiencies, developments that could translate directly into
savings for patients. The discussion featured Dr. David Rhew,
Global Chief Medical Officer & VP of Healthcare at Microsoft
(Nasdaq: MSFT), and Mittul Mehta, Chief Information Officer and
Head of Tevogen.AI, who shared their vision for how AI is
revolutionizing drug development and healthcare delivery.
Accelerating Drug Discovery
In the fireside chat, Dr. Rhew described how AI-driven modeling
and simulation are drastically reducing the time required to
identify and develop drug candidates. He provided an example where
a computational task that previously may have taken “thousands of
years” using traditional approaches was completed in a matter of
months thanks to AI-powered tools. These breakthroughs, Dr. Rhew
noted, illustrate a paradigm shift in what is now possible in the
pharmaceutical research and development process.
The Rise of Generative AI and Multimodal
Data
Both speakers emphasized that while generative AI has garnered
widespread attention, next-generation approaches extend beyond
simply creating text or images. According to Dr. Rhew,
organizations are increasingly deploying multimodal data AI, which
processes data from diverse sources, such as imaging, genomics, and
electronic health records, to reveal novel insights. Generative AI
then serves as a powerful query engine on top of these “foundation
models,” enabling seamless interpretation and conversion of complex
data into clinically relevant results and formats.
Ensuring Data Quality, Privacy, and Responsible
AI
Speaking to Tevogen Bio’s AI developments, Mittul Mehta, Chief
Information Officer and Head of Tevogen.AI, highlighted, “We are
creating curated datasets, supported by wet-lab research, to fuel
the creation of reliable foundational AI models." Dr. Rhew echoed
the need for “clean” and “annotated” datasets, stating, “AI is like
a powerful engine. It can take us anywhere, but it needs clean,
curated data as fuel. Crude data won't work; it must be refined and
properly annotated to be useful." Both speakers also stressed the
importance of strong data governance and privacy-preserving
techniques, such as federated learning and confidential compute,
which enable secure collaboration on sensitive datasets without
exposing proprietary information or intellectual property. Dr. Rhew
underscored that responsible AI requires bias mitigation,
transparency, and continuous oversight. Mr. Mehta commended
Microsoft’s commitment to these principles, stating that
responsible development practices are vital to ensuring equitable
and safe adoption of AI technologies in healthcare.
“AI is the next industrial revolution and could be humanity’s
greatest leap yet. I commend efforts similar to Stargate for
their investment in forward-thinking and transformative
technologies,” said Ryan Saadi, MD, MPH, Founder and CEO of Tevogen
Bio. “Drug development will undoubtedly improve with the power of
AI, but the key is to seamlessly bridge medical science and
technology. As a biotech focused on pioneering through AI, we
remain committed to advancing affordable medical innovation.”
About Tevogen Bio
Tevogen Bio is a clinical-stage specialty immunotherapy company
harnessing one of nature’s most powerful immunological weapons,
CD8+ cytotoxic T lymphocytes, to develop off-the-shelf, genetically
unmodified precision T cell therapies for the treatment of
infectious diseases, cancers, and neurological disorders, aiming to
address the significant unmet needs of large patient populations.
Tevogen Bio Leadership believes that sustainability and commercial
success in the current era of healthcare rely on ensuring patient
accessibility through advanced science and innovative business
models. Tevogen Bio has reported positive safety data from its
proof-of-concept clinical trial, and its key intellectual property
assets are wholly owned by the company, not subject to any
third-party licensing agreements. These assets include three
granted patents, nine pending US and twelve ex-US pending patents,
two of which are related to artificial intelligence.
Tevogen Bio is driven by a team of highly experienced industry
leaders and distinguished scientists with drug development and
global product launch experience. Tevogen Bio’s leadership believes
that accessible personalized therapeutics are the next frontier of
medicine, and that disruptive business models are required to
sustain medical innovation.
Contacts
Tevogen Bio CommunicationsT: 1 877 TEVOGEN, Ext 701
Communications@Tevogen.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/8f6d82a7-ae1f-40ac-888f-dbd580e3af4b
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