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Almirall and Microsoft Join Forces to Develop Treatments for Skin Diseases

Almirall collaborates with Microsoft to enhance dermatological innovation through AI techniques, improving data analysis, developing synthesizable molecules, and optimizing data management processes in drug discovery. The current president of Almirall, Carlos Gallardo Piqué, has invested in technology companies in the health sector since 2014.

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Almirall

The Spanish multinational company Almirall, focused on dermatological treatments, announced a collaboration with the software giant Microsoft to promote innovation towards medical solutions to skin diseases. This alliance will result in the opening of a joint digital office from which the pharmaceutical company’s data platform will be improved and new compounds will be developed using generative artificial intelligence (AI) techniques.

This agreement will, first, improve Almirall’s capabilities in terms of rapid analysis of information in large data sets to advance the discovery of synthesizable molecules. Afterwards, it will allow the creation of a technological platform based on AI with which to discover new drugs.

It is expected that once the project takes shape, a new data management model will be established with which to optimize its governance , quality processes or the management of the digital identity of users of the pharmaceutical company’s products.

If you want to read more details about the agreement between Almirall and Microsoft, download for free our companion app. The Born2Invest mobile app keeps its readers up to date with the most important business news of the day.

The current president of Almirall, Carlos Gallardo Piqué, has invested in technology companies in the health sector since 2014

Almirall, a company founded in 1944 and based in Barcelona, ​​is a multinational that had a turnover of around 878.5 million euros in 2022 and has 1,800 employees around the world spread across 21 countries , as well as subsidiaries in another seventy. This company is owned by the family of its founder, Antonio Gallardo Carrera, born on June 20, 1908 and who built this empire together with the pharmacist Víctor Almirall Rius, from whom it takes its name.

Until relatively recently, the company was run by the brothers Antonio and Jorge Gallardo Ballart, who gave way to the presidency in May 2022 to the third generation: Carlos Gallardo Piqué, son of Jorge Gallardo .

Piqué, who graduated in industrial engineering from the Polytechnic University of Catalonia (UPC), has extensive experience as an executive in companies such as Pfizer , as well as in the company run by his father. Before heading Almirall, Carlos Piqué assumed the general management of the pharmaceutical company’s subsidiary in Ireland and the United Kingdom.

In 2014, Piqué founded CG Ventures with the aim of investing in technology companies in the health sector, a task very much in line with the agreement signed with Microsoft.

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(Featured image by efes via Pixabay)

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First published in PlantaDoce. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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Eva Wesley is an experienced journalist, market trader, and financial executive. Driven by excellence and a passion to connect with people, she takes pride in writing think pieces that help people decide what to do with their investments. A blockchain enthusiast, she also engages in cryptocurrency trading. Her latest travels have also opened her eyes to other exciting markets, such as aerospace, cannabis, healthcare, and telcos.