More than four out of five (82 percent) surveyed pharma companies believe quantum computing will impact the industry within the next decade.
Quantum computing is being eyed to accelerate computations in a variety of applications. While many routine computational workloads are well-served by traditional high-performance computing (HPC) systems, quantum computing offers advantages for certain classes of applications. One category that it appears can greatly benefit is pharmaceutical research. Specifically, leading organizations in the field hope to use the technology to accelerate drug discovery and the development of new therapies.
One sign of the growing adoption in the life sciences was anannouncement last week of a collaborative agreement between BoehringerIngelheim and Google Quantum AI (Google). The two will focus on researching andimplementing cutting-edge use cases for quantum computing in pharmaceuticalresearch and development (R&D), specifically molecular dynamicssimulations.
See also: Quantum Computing: Coming to a Platform Near You
The new partnership combines Boehringer Ingelheimsexpertise in the field of computer-aided drug design and in silico modelingwith Googles efforts in quantum computers and algorithms. Boehringer Ingelheimis the first pharmaceutical company worldwide to join forces with Google inquantum computing. The partnership is designed for three years and is co-led bythe newly established Quantum Lab of Boehringer Ingelheim.
In making the announcement, the teams noted that while thetechnology is still new, there are opportunities to make significant advances.Quantum computing is still very much an emerging technology, saidMichaelSchmelmer, Member of the Board of Managing Directors of Boehringer Ingelheimwith responsibility for Finance and Group Functions. However, we are convincedthat this technology could help us to provide even more humans and animals withinnovative and groundbreaking medicines in the future.
The work here is yet another part of wide-ranging Boehringer Ingelheim technology investments in a broad range of digital technologies. Those investments encompass key areas such as Artificial Intelligence (AI), machine learning, and data science to better understand diseases, their drivers and biomarkers, and digital therapeutics.
With respect to potential advances using quantum computing,the technology has the potential to accurately simulate and compare much largermolecules than currently possible with traditional (HPC) systems. Extremelyaccurate modeling of molecular systems is widely anticipated as among the mostnatural and potentially transformative applications of quantum computing, saidRyan Babbush, Head of Quantum Algorithms at Google, when the news was announced.
Using the technology in pharmaceutical research will require new compute systems, software, and expertise. As such, adoption is still in its early stages. A survey conducted last year by the Pistoia Alliance, theQuantum Economic Development Consortium(QED-C), andQuPharm found almost one third (31 percent) of life science organizations were set to begin quantum computing evaluation in 2020. A further 39 percent are planning to evaluate this year or have the technology on their radar, while 30 percent have no current plans to evaluate.
The three organizations have established a cross-industry Community of Interest (CoI). The aim is to explore opportunities for the technology to enhance the efficiency and effectiveness of biopharma R&D. The CoI aims to support companies that need help navigating the pathway to quantum computing.
While we are still in the early stages of this newtechnology becoming available, there are great expectations of its importance.That same survey found that more than four out of five respondents (82 percent)believe quantum computing will impact the industry within the next decade.
Visit link:
Quantum Computing Acceleration of AI in Pharma on the Rise - RTInsights
- D-Wave Introduces New Fast Anneal Feature, Extending Quantum Computing Performance Gains - Yahoo Finance - April 20th, 2024 [April 20th, 2024]
- Major First: Quantum Information Produced, Stored, And Retrieved - ScienceAlert - April 20th, 2024 [April 20th, 2024]
- Horizon Quantum Computing to Establish First-of-a-Kind Hardware Testbed - The Quantum Insider - April 20th, 2024 [April 20th, 2024]
- Quantum Cloud Computing Secured in New Breakthrough at Oxford - TechRepublic - April 20th, 2024 [April 20th, 2024]
- Quantum Computing Could be the Next Revolution - Fair Observer - April 20th, 2024 [April 20th, 2024]
- Horizon Quantum Computing to Pioneer Multi-Vendor Quantum Hardware Testbed - HPCwire - April 20th, 2024 [April 20th, 2024]
- These 10 quantum computing companies have pulled in the most VC cash - PitchBook News & Analysis - April 20th, 2024 [April 20th, 2024]
- D-Wave Launches Fast Anneal Feature for Enhanced Quantum Computing Performance - Quantum Computing Report - April 20th, 2024 [April 20th, 2024]
- Software Specialist Horizon Quantum to Build First-of-a-Kind Hardware Testbed - HPCwire - April 20th, 2024 [April 20th, 2024]
- Illuminating Futures: Celebrating Achievements and Exploring Quantum Computing at This is IT! Event - Royal Examiner - April 20th, 2024 [April 20th, 2024]
- Horizon Quantum Computing to Establish First-of-a-Kind Hardware Testbed - The Bakersfield Californian - April 20th, 2024 [April 20th, 2024]
- A Weakness in One of the NIST PQC Algorithms Was Not Uncovered After All - Quantum Computing Report - April 20th, 2024 [April 20th, 2024]
- Commodore 64 claimed to outperform IBM's quantum system sarcastic researchers say 1 MHz computer is faster ... - Tom's Hardware - April 20th, 2024 [April 20th, 2024]
- Quantum computing: a new frontier for the broadcast and media industry - RedShark News - April 20th, 2024 [April 20th, 2024]
- 3 Steps Businesses Should Take to Prepare for Quantum Computing Disruption - TechSpective - April 20th, 2024 [April 20th, 2024]
- Orientum Publishes 'Quantum Finance Algorithm' Paper on ArXiv - The Quantum Insider - April 20th, 2024 [April 20th, 2024]
- Quantum Linear Solvers for Redundant Baseline Calibration - AZoQuantum - April 20th, 2024 [April 20th, 2024]
- 'Almost very close' to nuclear weapon: Federal cyber officials brace for quantum computing surprise - Washington Times - April 20th, 2024 [April 20th, 2024]
- D-Wave fast anneal extends quantum computing performance ... - eeNews Europe - April 20th, 2024 [April 20th, 2024]
- Horizon Quantum Computing to Set Up Its Own Hardware Testbed for Tight Integration Between the Hardware and Software Stacks - Quantum Computing Report - April 20th, 2024 [April 20th, 2024]
- Global Quantum Technology Market Research 2024-2029 with Assessment of Companies Focused on Quantum ... - Daily Host News - April 20th, 2024 [April 20th, 2024]
- The experimental demonstration of a verifiable blind quantum computing protocol - Phys.org - April 20th, 2024 [April 20th, 2024]
- Researchers create 'quantum drums' to store qubits one step closer to groundbreaking internet speed and security - Tom's Hardware - April 20th, 2024 [April 20th, 2024]
- Access to burgeoning quantum technology field could be widened by educational model - Phys.org - April 20th, 2024 [April 20th, 2024]
- 'Quantum memory' could make the internet super fast and secure - Futurity: Research News - April 20th, 2024 [April 20th, 2024]
- Senate bill aims to bring more private sector participation to federal AI innovation - Nextgov/FCW - April 20th, 2024 [April 20th, 2024]
- Quantum Computing Leaps Forward with Groundbreaking Error Correction - yTech - April 4th, 2024 [April 4th, 2024]
- Microsoft and Quantinuum Pave the Way for Reliable Quantum Computing - yTech - April 4th, 2024 [April 4th, 2024]
- Breakthrough in Quantum Information Communication Achieved by Tokyo Researchers - yTech - April 4th, 2024 [April 4th, 2024]
- Microsoft Advances in Quantum Computing with Error-Reduction Breakthrough - yTech - April 4th, 2024 [April 4th, 2024]
- Quantinuum H2 Paves the Way for Reliable Quantum Computing - yTech - April 4th, 2024 [April 4th, 2024]
- Why Quantum Computers Will Never Break Bitcoin - Palm Beach Research Group - April 4th, 2024 [April 4th, 2024]
- Microsoft and Quantinuum boast quantum computing breakthrough - DIGIT.FYI - April 4th, 2024 [April 4th, 2024]
- Microsoft and Quantinuum announce breakthrough in quantum computing 14 thousand experiments without errors - ITC - April 4th, 2024 [April 4th, 2024]
- Revolutionizing Quantum Computing: Breakthroughs in Quantum Error Correction - AZoQuantum - April 4th, 2024 [April 4th, 2024]
- Quantum Computing Recharged With Electromagnetic Ion Trap Innovation - SciTechDaily - April 4th, 2024 [April 4th, 2024]
- Next-Generation Quantum Leap Achieved by Microsoft and Quantinuum - yTech - April 4th, 2024 [April 4th, 2024]
- Microsoft and Quantinuum announce development of next-generation technology that reduces 'noise' by 800 times ... - GIGAZINE - April 4th, 2024 [April 4th, 2024]
- BTQ Technologies Corp. Partners with the Australian Quantum Software Network to Advance Quantum Computing and ... - PR Newswire - April 4th, 2024 [April 4th, 2024]
- Quantinuum and Microsoft Leap towards Quantum Superiority with Noise Reduction Breakthrough - yTech - April 4th, 2024 [April 4th, 2024]
- The 3 Best Quantum Computing Stocks to Buy in Q2 2024 - InvestorPlace - April 4th, 2024 [April 4th, 2024]
- What Are the Implications of Quantum Computing for the Future of Data Security? - socPub - April 4th, 2024 [April 4th, 2024]
- Cosmic rays, XR, and 'multiverse' quantum computing welcome to EIC's deeptech Scaling Club - TNW - April 4th, 2024 [April 4th, 2024]
- Wall Street Favorites: 3 Quantum Computing Stocks with Strong Buy Ratings for February 2024 - InvestorPlace - February 26th, 2024 [February 26th, 2024]
- Never-Repeating Tiles Can Safeguard Quantum Information - Quanta Magazine - February 26th, 2024 [February 26th, 2024]
- Fractional Electrons: MIT's New Graphene Breakthrough Is Shaping the Future of Quantum Computing - SciTechDaily - February 26th, 2024 [February 26th, 2024]
- Qubits are notoriously prone to failure but building them from a single laser pulse may change this - Livescience.com - February 26th, 2024 [February 26th, 2024]
- New Phase of Matter Created During Experiments with Exotic Particles in Quantum Processor - The Debrief - February 26th, 2024 [February 26th, 2024]
- Harnessing the Power of Neutrality: Comparing Neutral-Atom Quantum Computing With Other Modalities - The Quantum Insider - February 26th, 2024 [February 26th, 2024]
- Apple is already defending iMessage against tomorrow's quantum computing attacks - The Verge - February 26th, 2024 [February 26th, 2024]
- Government of Canada Supports Xanadu to Accelerate Quantum Computing Research and Education - HPCwire - February 26th, 2024 [February 26th, 2024]
- U.S. weighs National Quantum Initiative Reauthorization Act - TechTarget - February 26th, 2024 [February 26th, 2024]
- The Current State of Quantum Computing - Securities.io - February 26th, 2024 [February 26th, 2024]
- Superconducting qubit promises breakthrough in quantum computing - Advanced Science News - February 26th, 2024 [February 26th, 2024]
- Quantum Computing Breakthrough: New Fusion of Materials Has All the Components Required for a Unique Type of ... - SciTechDaily - February 26th, 2024 [February 26th, 2024]
- 3 Quantum Computing Stocks That Could Be Multibaggers in the Making: February Edition - InvestorPlace - February 26th, 2024 [February 26th, 2024]
- DCD Podcast - The fundamentals of quantum computing, with Yuval Boger, QuEra - DCD - DatacenterDynamics - February 26th, 2024 [February 26th, 2024]
- Apple to launch PQ3 update for iMessage, bolstering encryption against quantum computing - ReadWrite - February 26th, 2024 [February 26th, 2024]
- Illinois governor's proposed $53B budget includes funds for migrants, quantum computing and schools - The Associated Press - February 26th, 2024 [February 26th, 2024]
- How is Quantum Technology Developing in Ireland? A Conversation with John Durcan, IDA Ireland - AZoQuantum - February 26th, 2024 [February 26th, 2024]
- Quantum Poker: The States of Colorado and Illinois are Betting on Quantum - Quantum Computing Report - February 26th, 2024 [February 26th, 2024]
- One of those transformational investments: $15M brings quantum computing to SC - WIS News 10 - February 26th, 2024 [February 26th, 2024]
- Apple is future-proofing iMessage with post-quantum cryptography - Cointelegraph - February 26th, 2024 [February 26th, 2024]
- Singapore warns banks to prepare for quantum computing cyber threat - Finextra - February 26th, 2024 [February 26th, 2024]
- New Superconducting Flowermon Superconducting Qubit Designed to Greatly Increase Coherence Times - Quantum Computing Report - February 26th, 2024 [February 26th, 2024]
- Apple Ramps Up iMessage Security to Fight Looming Quantum Computing Threat - PCMag - February 26th, 2024 [February 26th, 2024]
- IONQ Stock Outlook: Why This Quantum Computing Play Could Be a Long-Term Winner - InvestorPlace - February 26th, 2024 [February 26th, 2024]
- Apple future-proofing iMessage to protect against the scary future of quantum computing hacking - TechRadar - February 26th, 2024 [February 26th, 2024]
- Apple to upgrade iMessage with measures against future quantum computing hacking - The Indian Express - February 26th, 2024 [February 26th, 2024]
- FedDev Ontario invests $17 million in 12 companies to advance quantum computing - IT World Canada - February 26th, 2024 [February 26th, 2024]
- Apple Bolsters iMessage Encryption Amid Quantum Computing Threats - Telecom Lead - February 26th, 2024 [February 26th, 2024]
- The 3 Most Undervalued Quantum Computing Stocks to Buy in January - InvestorPlace - January 21st, 2024 [January 21st, 2024]
- The Week's 10 Biggest Funding Rounds: Quantinuum And Flexport Lock Up Huge Rounds - Crunchbase News - January 21st, 2024 [January 21st, 2024]
- US users top list after Chinas state-of-the-art quantum computer goes global - South China Morning Post - January 21st, 2024 [January 21st, 2024]
- Mitsui to invest in Quantinuum, a leading global quantum computing company, and sign a distributorship agreement for ... - Mitsui - January 21st, 2024 [January 21st, 2024]
- Breakthrough in quantum computing with stable room temperature qubits - Advanced Science News - January 21st, 2024 [January 21st, 2024]
- Why IONQ Is Not a Stock to Buy (Yet) - InvestorPlace - January 21st, 2024 [January 21st, 2024]
- Davos and the global state of quantum - POLITICO - January 21st, 2024 [January 21st, 2024]
- High-Frequency Transactions: Collaborating with Quantum AI? Features Film Threat - Film Threat - January 21st, 2024 [January 21st, 2024]
- Quantum Computing: Revolution on the Horizon? | by Shan | Jan, 2024 - Medium - January 21st, 2024 [January 21st, 2024]