Forbes April 17, 2024
Jesse Pines

The revolution of artificial intelligence (AI) in healthcare has just begun. Here are five promising areas where AI could make a big impact.

1. Speeding New Drug Development

Drug discovery involves identifying a molecular target, designing a drug to affect it, then testing the drug for safety and efficacy. This involves screening large numbers of potential compounds in a lab. Once a drug is chosen, nine in 10 ultimately fail in human clinical trials. The process can take 10-15 years and cost billions.

AI has started to speed drug discovery. In February 2022, Insilico Medicine initiated the first Phase I human trial for an anti-fibrotic drug for idiopathic pulmonary fibrosis, a disease that causes the lungs to stiffen and makes...

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Topics: AI (Artificial Intelligence), Biotechnology, Pharma, Pharma / Biotech, Provider, Technology
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