Teva is looking for startups to address worldwide pharmaceutical issues.
Teva Rise Platform: Teva Pharmaceutical Industries has launched an open innovation platform called Teva Rise, aimed at collaborating with startups to address challenges in the pharmaceutical industry, including AI, digital health, and smart manufacturing.
Focus Areas: The platform will target seven key challenges in research and development, manufacturing, supply chain, and commercial aspects, such as developing human platforms for drug testing and utilizing AI for clinical trial simulations.
Global Partnerships: Teva plans to invest tens of millions of dollars into partnerships with startups and technology leaders to foster innovation that enhances their business and provides value to patients.
Industry Context: The initiative comes at a crucial time as the pharmaceutical sector undergoes significant changes driven by AI and digital transformation, impacting drug development and patient care.
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