Grifols (MCE:GRF, MCE:GRF.P, NASDAQ:GRFS), a global healthcare
company and leading manufacturer of plasma-derived medicines that
has been enhancing people’s health and well-being for more than 110
years, today has announced a collaboration agreement with Google
Cloud to harness its powerful technologies such as artificial
intelligence (AI) to greatly accelerate the development of new
Grifols biopharma medicines.
AI featuring large language models will be
applied across the drug-development life cycle, including
identifying potential therapeutic candidates and managing clinical
trial programs, to significantly reduce the time required to bring
novel treatments to market.
Fundamental to this will be a new Grifols
scientific information platform with deep Grifols-owned internal
and external data sets that can be rapidly mined for insights on
diseases and pharmacology. Discovering disease-identifying
biomarkers at an early stage can lead to more effective treatments
for patients. It can also surface trends among specific cohorts,
yielding more personalized medicine and individual care regimens
while greatly enhancing health outcomes.
Grifols will explore new applications and use
cases for data and AI in the biopharma sector. It will also work
with Google Cloud on sharing best practices in innovation including
new technologies, prototype quick testing and rapid scaling.
Reenergized Grifols internal processes will enhance team agility,
lift productivity and reinforce a culture of innovation.
“Grifols will reinvent biopharma medicine as we
know it so we can bring more treatments to more patients in more
parts of the world,” said Albert Grifols Coma-Cros, Grifols Chief
Scientific Innovation Officer. “Turbocharging our extensive
knowledge of biopharma and plasma science with the most advanced
data technologies from Google Cloud will benefit patients and
society.”
“We are thrilled to partner with Grifols to help
the company accelerate its R&D efforts and improve patient
care," said Isaac Hernández, GM of Google Cloud Iberia. "Our data
and generative AI capabilities can help Grifols glean new insights,
accelerate the discovery of new drugs and therapies, and improve
the efficiency of its manufacturing processes."
For media
inquiries:
Grifols Press Officemedia@grifols.comTel. +34 93 571 00 02
Investors:
Investors Relations Department &
Sustainabilityinversores@grifols.com -
investors@grifols.comTel. +34 93 571 02 21
About Grifols
Grifols is a global healthcare company founded in Barcelona in
1909 committed to improving the health and well-being of people
around the world. A leader in essential plasma-derived medicines
and transfusion medicine, the company develops, produces and
provides innovative healthcare services and solutions in more than
110 countries.
Patient needs and Grifols’ ever-growing knowledge of many
chronic, rare and prevalent conditions, at times life-threatening,
drive the company’s innovation in both plasma and other
biopharmaceuticals to enhance quality of life. Grifols is focused
on treating conditions across a broad range of therapeutic areas:
immunology, hepatology and intensive care, pulmonology, hematology,
neurology and infectious diseases.
A pioneer in the plasma industry, Grifols continues to grow its
network of donation centers, the world’s largest with more than 390
across North America, Europe, Africa and the Middle East and
China.
As a recognized leader in transfusion medicine, Grifols offers a
comprehensive portfolio of solutions designed to enhance safety
from donation to transfusion, in addition to clinical diagnostic
technologies. It provides high-quality biological supplies for
life-science research, clinical trials, and for manufacturing
pharmaceutical and diagnostic products. The company also supplies
tools, information and services that enable hospitals, pharmacies
and healthcare professionals to efficiently deliver expert medical
care.
Grifols, with more than 24,000 employees in more
than 30 countries and regions, is committed to a sustainable
business model that sets the standard for continuous innovation,
quality, safety and ethical leadership.
In 2022, Grifols’ economic impact in its core countries of
operation was EUR 9.6 billion. The company also generated 193,000
jobs, including indirect and induced.
The company’s class A shares are listed on the Spanish Stock
Exchange, where they are part of the Ibex-35 (MCE:GRF). Grifols
non-voting class B shares are listed on the Mercado Continuo
(MCE:GRF.P) and on the U.S. NASDAQ through ADRs (NASDAQ:GRFS).
For more information, please visit www.grifols.com
LEGAL DISCLAIMER
The facts and figures contained in this report
that do not refer to historical data are “future projections and
assumptions”. Words and expressions such as “believe”, “hope”,
“anticipate”, “predict”, “expect”, “intend”, “should”, “will seek
to achieve”, “it is estimated”, “future” and similar expressions,
in so far as they relate to the Grifols group, are used to identify
future projections and assumptions. These expressions reflect the
assumptions, hypotheses, expectations and predictions of the
management team at the time of writing this report, and these are
subject to a number of factors that mean that the actual results
may be materially different. The future results of the Grifols
group could be affected by events relating to its own activities,
such as a shortage of supplies of raw materials for the manufacture
of its products, the appearance of competitor products on the
market, or changes to the regulatory framework of the markets in
which it operates, among others. At the date of compiling this
report, the Grifols group has adopted the necessary measures to
mitigate the potential impact of these events. Grifols, S.A. does
not accept any obligation to publicly report, revise or update
future projections or assumptions to adapt them to events or
circumstances subsequent to the date of writing this report, except
where expressly required by the applicable legislation. This
document does not constitute an offer or invitation to buy or
subscribe shares in accordance with the provisions of the following
Spanish legislation: Royal Legislative Decree 4/2015, of 23
October, approving recast text of Securities Market Law; Royal
Decree Law 5/2005, of 11 March and/or Royal Decree 1310/2005, of 4
November, and any regulations developing this legislation. In
addition, this document does not constitute an offer of purchase,
sale or exchange, or a request for an offer of purchase, sale or
exchange of securities, or a request for any vote or approval in
any other jurisdiction. The information included in this document
has not been verified nor reviewed by the external auditors of the
Grifols group.
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