OKRA raises ambitious target to 6 million predictions in Life Sciences by end of 2020
by Startacus Admin
OKRA continues to meet increased demand and empower the pharma industry with real-time insights amidst Covid-19 uncertainty
After the impressive news in June that OKRA had hit its target of 2 million validated predictions at >95% accuracy a full 6 months early, the company has now set its sights on a record-breaking 6 million predictions completed by year end. This means that pharma companies have benefitted from an unparalleled level of support during the most uncertain time in recent memory, using predictions to guide their staff to take the right next step.
Focussed on Life Sciences, OKRA has seen increased demand for services in guiding those who work across healthcare, including those on the front lines to solve the Covid-19 pandemic with new treatments and vaccines. Consequently, the company has secured multiple new pharmaceutical clients in recent months. As a result, the company is undertaking a major recruitment drive with a goal to increase its Data Science and Engineering teams by 50%.
Dr Loubna Bouarfa, CEO and Founder of OKRA said:
“OKRA is in a great position to transform healthcare as we know it. During this pandemic, Pharma has realised the need for more effective, personalised interactions. The industry needs constant refresh, and this has to be done dynamically. We can't rely on any data we had 6 months ago. And that’s why we need AI, to navigate the past and predict the future,”
The company has been developing AI solutions for Life Sciences since the end of 2015 and is known for applying AI to all stages of the drug lifecycle, clinical, medical, market access and commercial.
“Raising our target to 6 million predictions reflects our big expansion as well as our ambition to continue developing the best in class explainable AI systems. We deploy artificial intelligence to support Life Science professionals in their roles, helping them regain confidence, control and power,” added Bouarfa.
It’s impressive to see a company meeting such ambitious targets but most importantly helping so many in the healthcare sector, in these challenging times.
We look forward to seeing where OKRA goes from here!
.png)
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Atoa announces pre-seed funding for its solution to empower and improve cash flow for independent, small and mid-sized UK retail merchants.
 Tong Gu, Reem Mobassaleh Wyndham and Monik Pham.jpg)
Pact launches its first £30M fund to back early-stage European tech startups using technology for economic inclusion, well-being and climate solutions.
Co-Founders seeking people with innovative ideas and desire to create startups that could change the world for its 2023 programme.
Marketers - want to turn shoppers into customers this Black Friday? Marietta Chatzidiakou, Senior Content Consultant at Digital Ethos shares some tips on how to do just that.
Data from more than 500 companies reveals the core health of SaaS startups and assesses how European companies have performed relative to American counterparts.
The lowdown on Symphony, the startup that'll give you a front row seat to enjoy the finest live performances by some of the most famous orchestras in the world...
.png)
SeedLegals, the leading legal automation platform for startup funding steps into backing blockchain marketplace in carbon-neutral deal.
The lowdown on Boxlist, the AI-powered social network aiming to be your new go-to place for discovering TV and film recommendations across all streaming services.
Goodera secures major investment to support its mission of helping employees find meaningful volunteering experiences.
North West Regional College launches the IDEATOR Awards, a new competition to reward entrepreneurial thinking among students and staff.
Published on: 2nd October 2020
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- UK fintech Atoa secures $2.2M pre-seed round as it kills Visa and Mastercard fees for businesses 24th Nov 2022 Atoa announces pre-seed funding for its solution to empower and improve cash flow for independent, small and mid-sized UK retail merchants.
- Female-led Pact Launches £30m Seed Fund 24th Nov 2022 Pact launches its first £30M fund to back early-stage European tech startups using technology for economic inclusion, well-being and climate solutions.
- Catalyst's Co-Founders programme opens for applications 23rd Nov 2022 Co-Founders seeking people with innovative ideas and desire to create startups that could change the world for its 2023 programme.
- Capchase “Pulse of SaaS” Report Shows SaaS Startups Remain Resilient During Economic Uncertainty 21st Nov 2022 Data from more than 500 companies reveals the core health of SaaS startups and assesses how European companies have performed relative to American counterparts.
