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Teva Pharmaceuticals and IBM Expand Global Partnership

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watby Angela Guess

A recent press release reports, “IBM and Teva Pharmaceutical Industries Ltd today announce a significant expansion of their existing global e-Health alliance with a focus on two key healthcare challenges: the discovery of new treatment options and improving chronic disease management. Both projects will run on the IBM Watson Health Cloud. The expanded partnership features a new, three-year research collaboration to develop cognitive technologies that can enable a systematic approach to the emerging field of drug repurposing and deliver unprecedented scale in the discovery of new uses for existing drugs. The companies also announced that respiratory and central nervous system (CNS) diseases will be the first targets for their chronic disease management initiative, which will be the first project to integrate data from The Weather Company (an IBM Business) into the analysis. The joint work in chronic disease management emerges from Teva’s existing alliance with IBM as a Foundational Life Sciences Partner for the IBM Watson Health Cloud.”

The release goes, “Today’s announcement is made in conjunction with a presentation on the main stage at the World of Watson conference by Professor Yitzhak Peterburg, Teva’s Chairman of the Board of Directors, alongside IBM Chairman, President and CEO Ginni Rometty. ‘Teva’s products reach 200 million people every day with the world’s largest medicine cabinet. We have the opportunity to lead change in the pharmaceutical industry, innovating constantly to meet consumers’ evolving needs. By combining the skills of our partners, such as Watson’s cognitive computing capabilities, with Teva’s pharmaceutical expertise, we can create novel solutions and deliver real value to people,’ said Professor Peterburg.”

Read more at Newswire Today.

Photo credit: IBM

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