Biotech and Pharma Bet on AI for Drug Development and Research

Read how Artificial Intelligence and machine learning (AI and ML) are bringing a new change in drug discovery with IBM and Pfizer contributing to the pie, after the Covid-19 pandemic

Exploring Possibilities for AI and ML for Drug Discovery

Developing new medicines is not for the faint-hearted! On average, it takes about a decade of research with an expenditure that amasses US$2.6 billion to shepherd an experimental drug from lab to market.

The field of artificial intelligence and machine learning (AI/ ML) has witnessed sharp upturns, particularly concerning deep learning (DL) methods that are pillared with the availability of big data. Biomedical data is humongous and becoming increasingly available in ML-ready digital formats, it is now possible to deploy AI/ML algorithms to support healthcare research and services. However, within the larger healthcare ecosystem, biopharmaceutical companies, in particular, have been criticized for the skyrocket pricing of prescription drugs. Artificial Intelligence and Machine learning have the power to improve drug discovery and medical research which may reduce drug prices in the long-term.

Out of the total drug discovery done only about 5 per cent of experimental drugs make it to market!

This paves way for drug makers and pharma companies to invest hugely in artificial intelligence and machine learning with the hope that these technologies will make the drug discovery process faster and cheaper.

artificial intelligence latest news machine learning

Enroll now at CETPA, the best Institute in India for Artificial Intelligence Online Training Course and Certification for students & working professionals & avail 50% instant discount.

What is Artificial Intelligence (AI)? AI is the ability of a machine to think like human, learn and perform tasks like a human. Know the future of AI, Examples of AI and who provides the course of Artificial Intelligence?

You got intrigued by the machine learning world and wanted to get started as soon as possible, read all the articles, watched all the videos, but still isn’t sure about where to start, welcome to the club.

Artificial Intelligence (AI) will and is currently taking over an important role in our lives — not necessarily through intelligent robots.

We supply you with world class machine learning experts / ML Developers with years of domain experience who can add more value to your business.