Pharmaceuticals teams need to develop their prototypes . For example , natural language processing ( NLP ) gives computers the ability to analyse , categorise , and select relevant research , allowing humans to focus on what they do best : brainstorm , design , and collaborate .
AI STRATEGY
“ Companies that invest in industry-specific machine learning research will generate extremely valuable intellectual property ”
FOTEINI AGRAFIOTI HEAD , BOREALIS AI
Pharmaceuticals teams need to develop their prototypes . For example , natural language processing ( NLP ) gives computers the ability to analyse , categorise , and select relevant research , allowing humans to focus on what they do best : brainstorm , design , and collaborate .
How does NLP do this ? Starting with unstructured text , which could include anything from research PDFs to LinkedIn posts , the programme can search for and suggest relevant information . Humans may not be able to sort through the 2 million scientific articles published annually ,
By 2024 , AI in pharma R & D is projected to reach US $ 204bn , primarily in drug discovery and genomics . As with the COVID vaccine , every day counts when you ’ re waiting for a jab . AI systems can help build doctors examine root causes , researchers pick out vaccine mutations , and governments track and roll out vaccine programmes . ‘ It ’ s a way that we can avoid these lengthy Phase III trials ’, said Matthew Putnam , CEO of Nanotronics . ‘ Everything that ’ s going on right now is so incredibly urgent ’.
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