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PharmAID Project

    Project: Internal Research Project

    Project Details

    Fund Amount (RMB)

    1,800,000

    Description

    The project proceeded in two phases:
    • Phase I: Foundational biomedical large model development. In collaboration with Tsinghua AIR, the team designed BioMedGPT, a large model tailored for Chinese drug development scenarios. It achieved T+1 data update cycles and improved the accuracy of generated outputs in intelligence analysis and commercial value assessment by approximately 50% compared with general-purpose models. This phase also incubated Shuimu Molecule, China’s first startup dedicated to biomedical large models, whose technology was integrated into the PharmAID platform.
    • Phase II: Drug commercial value assessment. Led by Fosun Pharma’s Executive President, Dr. Xingli Wang, the team designed a framework of 14 evaluation factors for drug value, covering market analysis, pre-clinical research, clinical trial design, risk assessment, and economic benefit analysis. The system automatically generated commercialization recommendations and was applied in pipeline decision-making meetings across all of Fosun Pharma’s drug development subsidiaries.

    Key findings

    • Improved early-stage drug development efficiency by 50%
    • Applied across 70 innovative drug and biosimilar projects within Fosun Pharma and its subsidiaries
    • Incubated partner Shuimu Molecule, which launched its first commercial product ChatDD
    • Financing achievements: Shuimu Molecule completed seed and angel rounds totaling RMB 100 million, reaching a valuation of RMB 500 million; Fosun Capital is currently conducting due diligence for a Series B investment

    The PharmAID project significantly enhanced efficiency and success rates in innovative drug development, forming an integrated biomedical AI innovation ecosystem centered on BioMedGPT – PharmAID – Shuimu Molecule. The outcome not only established a reusable intelligent decision-making platform within Fosun Pharma but also provided a benchmark case for AI-enabled pharmaceutical R&D, demonstrating Fosun’s strategic foresight and translational capacity in the field of AI and life sciences.
    StatusFinished
    Effective start/end date1/02/231/02/25

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