Source: Pharma Phorum
In the 21st century pharma companies face novel challenges. Pairing artificial intelligence (AI) capabilities with human strengths can bring a competitive edge in this rapidly–changing world.
As the Nobel-prize-winning economist Daniel Kahneman wrote in his book Thinking, Fast and Slow, “Intelligence is not only the ability to reason; it is also the ability to find relevant material in memory and to deploy attention when needed.”
Current Artificial Intelligence (AI) software is not at a point where it can reason independently (often termed ‘Third Wave AI’). However, it can certainly extend pharmaceutical intelligence, thereby preserving human attention for creative problem-solving and making drug-development cycles more efficient.
AI can help pharma companies with comprehensive datasets, speedier development cycles, interpreting data in context, and business intelligence.
This article highlights the scope for developing therapeutics with new innovative, alternative approaches. The current trillion dollars pharmaceutical industry is in peril where the current drug development pipeline is slow, inefficient and incapable of being extended to multi-combination drug therapies as well as minimally focused on prevention. The complex modeling of diseases and biological functions has been limited because of the inability to integrate large scale molecular pathways.
Watch this Video to understand how recent advances provide breakthrough technology for doing scalable modeling of complex molecular systems to dramatically accelerate drug discovery and development.