Wazzup Pilipinas!
NEC Corporation announced the establishment of “CYTLIMIC Inc.” (CYTLIMIC), a new company that promotes the development and application of therapeutic cancer peptide (*1) vaccines discovered using NEC’s unique advanced Artificial Intelligence (AI) technology. Moreover, NEC has concluded an agreement in respect to a third-party allocation of newly issued shares to CYTLIMIC underwritten by Fast Track Initiative, Inc., SMBC Venture Capital Co., Ltd., and NEC Capital Solutions Limited as part of reinforcing its healthcare business and commencing with the drug development business.
NEC’s “NEC the WISE” (*2) cutting-edge AI technologies combine machine learning and experimentation to produce a unique “immune function prediction technology” that is able to efficiently discover peptides that are potential vaccines in a short period of time and at a low cost.
Harnessing this technology, NEC has been engaged in collaborative research since 2014 with Yamaguchi University and Kochi University, and in clinical research with Yamaguchi University, resulting in the discovery of a peptide vaccine that promises to be effective in the treatment of hepatoma and esophageal cancer and is compatible with the genetic profile of approximately 85% of Japan’s population.
Currently, NEC is advancing its application as a new cancer drug through CYTLIMIC, by developing investigational use formulations of the discovered peptide vaccine, confirming its safety and efficacy through nonclinical and clinical tests, and investigating its commercialization with pharmaceutical companies. With initiatives such as this latest drug development business, NEC will continue to expand its “Solutions for Society” business by harnessing AI and other cutting-edge technologies to strengthen its healthcare business.