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Merck launches Digital Sciences Studio for tech-driven startups

Jun. 29, 2022 8:04 AM ETMerck & Co., Inc. (MRK) StockBy: Ravikash Bakolia, SA News Editor

Scientists working together on a research

Luis Alvarez/DigitalVision via Getty Images

  • Merck (NYSE:MRK) said it launched Merck Digital Sciences Studio (MDSS) to generate technologies for drug discovery and development.
  • The Kenilworth, N.J.-based company said MDSS will support early-stage biomedical startups with direct investment, access to Azure Cloud computing and opportunities to pilot their technologies in collaboration with scientists at Merck.
  • Merck added that startups developing artificial intelligence (AI) and machine learning (ML) applications will get priority as it opened applications for 12 spots for the first MDSS group.
  • MDSS is a collaboration between Merck and the New Jersey Innovation Institute.

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