May 27, 2019 14:37 JST

Source: NEC Corporation

NEC Initiates AI-Driven Drug Discovery Business Targeting a Business Valuation of ¥300 Billion by 2025
- First Japan-based company to initiate clinical trials in development of individualized neoantigen vaccines -

TOKYO, May 27, 2019 - (JCN Newswire) - NEC Corporation (TSE: 6701) will expand the application of its cutting-edge AI technologies, "NEC the WISE"(1), to cancer drug development that focuses on advanced immunotherapy as part of enhancing its healthcare business.

As a start, clinical trials for individualized neoantigen(2) vaccines will be initiated with Transgene SA (Transgene), making NEC the first company in Japan to initiate such trials.

The companies will target head and neck cancer and ovarian cancer with clinical trials that will be conducted in the United States and Europe. In April, an application to the United States Food and Drug Administration's (FDA) Investigational New Drug (IND) program received clearance to proceed with a Phase 1 clinical trial. Application submissions to the UK and France are currently under review. The investigational drug is being jointly developed by NEC and Transgene.

An estimated 18.1 million new cancer cases were diagnosed worldwide in 2018(3) and cancer is stated as the leading cause of death in Japan(4). There are great expectations in the development for better cancer treatments. This applies especially to cancer immunotherapy, which has been hailed as the next generation of cancer treatment, and utilizes a patient's own immune system to fight cancer.

NEC has an established history of working in close collaboration with academic institutions that include Kochi University and Yamaguchi University on research related to cancer drug discovery.

In recent years, the advent of genomic analysis has resulted in a massive growth in genome data, which has required artificial intelligence (AI) in order to be efficiently and accurately processed. NEC is aiming to see its AI-driven drug discovery business valued at ¥300 billion by 2025 through the development of more efficacious and safer immunotherapies.

In the development of individualized neoantigen vaccines, the selection of target neoantigens is crucial. NEC's neoantigen prediction utilizes its proprietary AI, such as graph-based relational learning, which is combined with other sources of data to discover candidate neoantigen targets. NEC comprehensively evaluates the candidate neoantigens with a primary focus placed on its in-house MHC-binding affinity prediction. As such, NEC is able to effectively prioritize the numerous candidate neoantigens identified in a single patient. This unique approach has resulted in NEC's acceptance into the Tumor neoantigEn SeLection Alliance (TESLA) consortium, thereby allowing NEC to actively contribute to this global research initiative which seeks to improve cancer treatment.

NEC is committed to the provision of social solutions that promote an equal and prosperous society that embraces diversity and allows all individuals to play an active role.

Development of individualized immunotherapy with cutting-edge AI technology


"The advent of individualized immunotherapies calls for new business paradigms and thus new types of alliances. We are confident that Transgene and NEC have established a strong technological foundation with great synergies for the co-development of our individualised neoantigen vaccine, TG4050," said Eric Quemeneur, Pharm.D., Ph.D., Executive Vice President and Chief Scientific Officer of Transgene. "We look forward to capitalizing on our synergistic expertise and complementary business development efforts."

(1) NEC the WISE
NEC's cutting-edge portfolio of AI technologies
(2) Neoantigen:
Newly generated cancer antigens associated with genetic mutations in cancer cells. Neoantigens are not expressed in normal cells, but are found only in cancer cells, many of which vary from patient to patient.
(3) Global cancer statistics 2018: GLOBOCAN estimates of incidence and mortality worldwide for 36 cancers in 185 countries
(4) 2017 demographic statistics from Japan's Ministry of Health, Labour and Welfare

About NEC Corporation

NEC Corporation is a leader in the integration of IT and network technologies that benefit businesses and people around the world. The NEC Group globally provides "Solutions for Society" that promote the safety, security efficiency and fairness of society. Under the company's corporate message of "Orchestrating a brighter world," NEC aims to help solve a wide range of challenging issues and to create new social value for the changing world of tomorrow. For more information, visit NEC at https://www.nec.com

Contact:
NEC
Seiichiro Toda
s-toda@cj.jp.nec.com
+81-3-3798-6511

Source: NEC Corporation
Sectors: Cloud & Enterprise

Copyright ©2024 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.

Related Press Release


NEC Develops High-speed Generative AI Large Language Models (LLM) with World-class Performance
April 24 2024 12:25 JST
 
NEC Strengthens Commitment to Space Industry with Investment in Seraphim Space Venture Fund II
April 22 2024 14:09 JST
 
DOCOMO, NTT, NEC and Fujitsu Develop Top-level Sub-terahertz 6G Device Capable of Ultra-high-speed 100 Gbps Transmission
April 11 2024 14:10 JST
 
Transgene and NEC Present First Clinical Benefits of Neoantigen Cancer Vaccine, TG4050, in Head & Neck Cancer at AACR 2024
April 10 2024 12:36 JST
 
NEC white paper proposes comprehensive process workflow for the application of AI-driven personalized cancer vaccines
April 08 2024 12:45 JST
 
NEC develops marketing strategy planning & effectiveness simulation technology using generative AI
March 25 2024 09:08 JST
 
NEC and NTT successfully conduct first-of-its-kind long-distance transmission experiment over 7,000km using 12-core optical fiber
March 22 2024 07:38 JST
 
NEC and Tokyo Medical and Dental University use AI to assist self-care for chronic lower back pain
March 21 2024 09:02 JST
 
NEC and Skyloom to Pioneer 100 Gbps Space Optical Communications, Transforming Global Internet Connectivity
March 20 2024 14:30 JST
 
NEC named to list of Top 100 Global Innovators by Clarivate for 13th consecutive year
March 07 2024 10:24 JST
 
More Press release >>

Latest Press Release


More Latest Release >>