GSI Technology and Weizmann Institute of Science Announce Collaboration on Cheminformatics Research
October 04 2018 - 3:05PM
GSI Technology, Inc. (Nasdaq: GSIT), a leading
provider of memory solutions for networking, telecommunications and
military, and developer of the Associative Processing Unit (APU), a
highly parallel in-place computing solution, today announced that
GSI is collaborating with researchers from The Nancy and Stephen
Grand Israel National Center for Personalized
Medicine at the Weizmann Institute of Science on
cheminformatics research. The teams will explore how GSI’s APU
technology can be used for ultra-fast molecular structural
similarity/substructure search to advance powerful existing
structural similarity search algorithms and research programs in
high-throughput screening, as well as virtual drug screening, lead
optimization, and in advanced programs in drug discovery.
“Cheminformatics combines scientific resources and technology to
transform data into information and information into knowledge.
GSI’s APU can dramatically reduce the time required to search our
small molecules database. Enabling cheminformatician scientists to
support multiple parallel programs, such as advanced medicinal
chemistry research, high-throughput screening, computational
virtual screening in various aspects (i.e., special library
design), and finding analogs by catalog compounds, empowers us to
advance our research processes and ultimately improve human
health,” said Dr. Efrat Ben-Zeev, Computational Chemist and
Cheminformatics Project Leader at the Weizmann Institute of
Science.
“By providing complex computational results quickly, the APU can
speed up the drug discovery and development phase saving valuable
time and research funds. GSI’s APU solution is highly scalable and
ideal for big datasets that require high computational speed and
inference in production systems,” said Dr. Avidan Akerib, GSI’s
Vice President of Associative Technologies.
GSI is currently finalizing the hardware for the APU, and plans
to have the chip available in 2019 for evaluation and
collaboration.
ABOUT GSI TECHNOLGYFounded in 1995, GSI
Technology, Inc. is a leading provider of semiconductor memory
solutions. GSI’s resources are currently focused on bringing new
products to market that leverage existing core strengths, including
radiation-hardened memory products for extreme environments, and
the APU designed to deliver performance advantages for diverse
artificial intelligence applications. GSI Technology is
headquartered in Sunnyvale, California and has sales offices in the
Americas, Europe and Asia. For more information, please
visit www.gsitechnology.com.
About the Weizmann Institute for ScienceThe
Weizmann Institute of Science is one of the world’s leading
multidisciplinary basic research institutions in the natural and
exact sciences. It is located in Rehovot, Israel, just south of Tel
Aviv. It was initially established as the Daniel Sieff Institute in
1934, by Israel and Rebecca Sieff of London in memory of their son
Daniel. In 1949, it was renamed for Dr. Chaim Weizmann, the first
President of the State of Israel and Founder of the Institute.
About the Nancy & Stephen Grand Israel National
Center for Personalized MedicineEstablished in 2012 by the
Weizmann Institute of Science, the Nancy & Stephen Grand Israel
National Center for Personalized Medicine (G-INCPM) is an advanced
research facility providing Israeli academic, medical, and
biomedical industry researchers with access and guidance to
state-of-the-art genomics, protein profiling, drug discovery and
bioinformatics research platforms.
Contacts:Investor Relations:Hayden IR Kim
Rogers 385-831-7337
Company:GSI Technology, Inc. Douglas M. Schirle Chief Financial
Officer 408-331-9802
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