Take a look at these statistics: Artificial intelligence can reduce drug discovery costs by up to 70% according to a recent study by Insider Intelligence AI can save pharma $28 billion a year on clinical research while cutting the phase's length by half AI can spare pharma companies up to $54 billion annually on R&D costs It's not surprising that pharmaceutical companies … [Read more...] about Why Use AI in Pharma and How to Get It Right
healthcare
How Healthcare Professionals Use Virtual Reality for Pain Management
Melissa always led an active lifestyle. But everything changed when she found a lump in her breast. Her trips became limited to in-hospital chemo sessions. With the help of VR goggles, Melissa could use session time to travel to the Antarctic, watch penguin colonies, and visit serene beaches. This experience not only soothed her pain and anxiety but also reminded her of the … [Read more...] about How Healthcare Professionals Use Virtual Reality for Pain Management
How to leverage novel technology to achieve compliance in pharma
In the US, the Food and Drug Administration (FDA) acts as a primary entity setting standards for compliance in pharma. In the EU, the European Medicines Agency (EMA) keeps an eye on drug quality. These and many other organizations around the globe make sure to promote public health by evaluating, regulating, and supervising all things pharma. The following factors, among … [Read more...] about How to leverage novel technology to achieve compliance in pharma
AI Drug Discovery: How It’s Changing the Game
AI drug discovery is exploding. Overhyped or not, investments in AI drug discovery jumped from $450 million in 2014 to a whopping $58 billion in 2021. All pharma giants, including Bayer, AstraZeneca, Takeda, Sanofi, Merck, and Pfizer, have stepped up spending in the hope to create new-age AI solutions that will bring cost efficiency, speed, and precision to the … [Read more...] about AI Drug Discovery: How It’s Changing the Game
AI in Healthcare Summit
Join us for the REWORK AI in Healthcare Summit happening on October 18-19, 2023, in Boston, MA.' ' Discover advances in AI tools and techniques from the world's leading innovators across industry, academia and the healthcare sector. Learn from the experts in speech & text recognition, neural networks, image classification and machine learning.' ' The summit will showcase … [Read more...] about AI in Healthcare Summit
