MedPage Today December 3, 2024
Associated Press

— Companies promising to speed up drug discovery by using machine learning to analyze huge datasets

Artificial intelligence (AI) is changing the way companies do business — helping programmers write code and fielding customer service calls with chatbots.

But the pharmaceutical industry is still waiting to see whether AI can tackle its biggest challenge: finding faster, cheaper ways to develop new drugs.

Despite billions poured into research, new medicines still typically take a decade or more to develop.

Founded in 2018, Insitro is part of a growing field of AI companies promising to accelerate drug discovery by using machine learning to analyze huge datasets of chemical and biological markers. The South San Francisco-based company has signed deals with drugmakers like...

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