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The AI in Business Podcast
AI Solutions for R&D Challenges in Life Sciences - with Ramesh Durvasula of Eli Lilly
Sep 19, 2023
14:54
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Ramesh Durvasula, Senior Vice President of R&D IT at Eli Lilly, discusses the challenges in biotech research and how AI is revolutionizing the healthcare industry. Topics include AI's potential in drug discovery and clinical development, challenges of applying AI in rare disease research, benefits of AI in life sciences and the concept of copilots, and exploring the potential of digital twins in healthcare and other industries.
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Quick takeaways
- Generative AI is being used in the healthcare industry to accelerate the discovery and creation of new medicines in both drug discovery and clinical development.
- AI has immense potential in rare disease research, but the limited dataset poses challenges that require caution in over-reliance on algorithms without considering data size, volume, variety, and quality.
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The Biggest Challenges in Healthcare and Life Sciences
Ramesh Dervasoula, SVP of R&D IT at Eli Lilly, discusses the biggest problems in the healthcare and life sciences industry. He highlights how AI, specifically generative AI and machine learning, is being leveraged to accelerate the discovery and creation of new medicines. AI is used in both the drug discovery and clinical development spaces to find biological targets and identify therapeutic agents. He also emphasizes the unique challenges faced in researching rare diseases, given the limited data available, and the need to collect more diverse patient information for better insights.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode