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The AI in Business Podcast
AI Opportunities for Life Sciences R&D - with Andrew Bolt of Deloitte
Feb 23, 2024
29:15
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AI in R&D for life sciences is transforming drug targeting, patient recruitment, and regulatory compliance. Advancements in AI-enhanced protein structure prediction are revolutionizing the industry. The impact of AI on drug discovery, clinical trials, and regulatory functions is discussed, highlighting the potential for innovation and efficiency in the pharmaceutical field.
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Quick takeaways
- AI-enhanced protein structure prediction is revolutionizing drug targeting in life sciences R&D.
- AI expedites regulatory compliance in pharmaceutical R&D by automating manual documentation processes.
Deep dives
Challenges in R&D in Pharma
R&D productivity in pharmaceuticals has stagnated for over a decade, with low success rates and internal rates of return. The industry faces pressure to improve productivity amidst the complexity of biology and the uncertainty of drug outcomes. The urgency brought about by COVID has accelerated digital transformations, revealing the potential for AI to drive innovation.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode