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Title: Olden Labs Launches The World’s First Automated Animal Research Lab
California, United States, 2nd May 2024 – Launching today, Olden Labs emerges from stealth to unveil a new approach to animal research. By harnessing artificial intelligence (AI), genetic engineering, and robotics, Olden Labs is building the world’s first automated animal research lab.Olden Labs was founded by a multidisciplinary team of experts including engineers from 10X Genomics and Apple, a Harvard PhD biologist, and a Forbes 30 Under 30 AI engineer. The team also consists of two engineers from 10X Genomics and Apple. Additionally, Olden Labs is backed by CHMBR Partners, Healthspan Capital, and the Mercatus Center’s Emergent Ventures. Olden Labs is building the first automated animal research lab to fulfill its mission of radically improving animal research for mankind. “Animal research is critical for the development of therapies but has not received much attention or innovation from the scientific community,” says Michael Florea, PhD, Olden Labs co-founder and CEO. “Many of the methods in use date back to the 1960s. While biologists can routinely get terabytes of digital data in genomics, imaging, and other fields, animal studies are conducted by hand, and results are stored on paper. It was clear that bridging this technology gap would have a profound impact on society.”The launch of Olden comes at a time when more than $36B dollars is spent annually on animal studies, yet 90.4% of new drugs fail in human clinical trials This is partly because in contrast to the rest of biology, where automated and data-rich methods are standard, animal research is still performed manually. Ultimately, this leads to high costs, poor reproduc...
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