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Pfizer And Telescope Innovations Are Collaborating On New Technology Breakthroughs

August 5, 2024
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Pfizer And Telescope Innovations Are Collaborating On New Technology Breakthroughs
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One of the largest pharmaceutical companies in the world is partnering up with a publicly traded company in Canada. And they’re aiming to usher in a new paradigm for robotics and artificial intelligence.

What’s happening:

  • Telescope Innovations (CSE: TELI) and pharmaceutical giant Pfizer (NYSE: PFE) have entered into a new research collaboration agreement

The big idea:

  • The new research partnership will be largely focused on advancing new technological innovation in robotics and artificial intelligence that can be applied to pharmaceuticals, chemistry and drug discovery

Going deeper:

  • Telescope Innovations is focused on being one of the few publicly traded companies on the leading edge of self driving laboratories, a concept which merges artificial intelligence and robotic automation to rapidly accelerate the amount of time required to make new discoveries in materials and chemistry
  • Telescope and Pfizer have previously collaborated on self driving laboratories, which led to the development of one of Telescope’s flagship products known as DirectInject-LC that is now being distributed globally by Mettler Toledo (NYSE: MTD)

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