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Eye On A.I.

#185 Damon Rasheed & Saurabh Jain: Achieving Up to 90% Accuracy in Predicting Drug Clinical Trial Outcomes with Opyl's Trialkey.ai

May 6, 2024
51:55
Snipd AI
Damon Rasheed and Saurabh Jain of Opyl & Trialkey.ai discuss achieving 90% accuracy in predicting drug clinical trial outcomes using AI. They share insights on using past trials data, optimizing trial designs, and employing NLP for data processing. The episode highlights the impact of AI on revolutionizing pharmaceutical research and making trials more efficient.
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Podcast summary created with Snipd AI

Quick takeaways

  • Opyl's TrialKey.ai predicts clinical trial outcomes with 90% accuracy using past trial data and natural language processing.
  • Poorly designed clinical trials contribute significantly to failure rates, highlighting the importance of AI in trial optimization.

Deep dives

Predicting Clinical Trial Outcomes with AI

An AI system developed by Opel AI accurately predicts the success of clinical trials by analyzing data from over 400,000 past trials. By extracting key variables through natural language processing and using machine learning, the model can forecast success rates for new trials with about 90% accuracy. This knowledge set helps optimize trial design for pharmaceutical companies and informs investors' decisions, potentially uncovering thousands of drugs or devices that could have been successful with better trial designs.

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