Reports
AI-Driven Pharmaceuticals
Mar 3, 2024
AI presents opportunities to transform every stage of drug discovery and development.
Key Takeaways
Pharmaceutical R&D productivity has been steadily declining despite rising investments. By accelerating timelines, improving success rates, and enabling precision medicine, AI can help cut costs substantially.
The drug discovery process has very high failure rates, with some estimates that only around 10% of drug candidates that start clinical trials ultimately gain regulatory approval. AI can help improve target identification, compound screening, preclinical testing, and clinical trials to improve overall success rates.
AI techniques can analyze patient genetic, biomarker, and phenotypic data to better understand disease subsets and match individuals with the best treatment options. This allows a shift to more tailored, personalized therapies.
Machine learning algorithms can find relationships and patterns in huge, diverse datasets that humans simply cannot grasp. This allows for new drug targets, predictive biomarkers, and disease mechanisms to be uncovered.