You and AI: Can artificial intelligence cut down on the time and cost it takes to save lives? ...Middle East

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Drug discovery is time-consuming and expensive, but artificial intelligence could save humans both time and money to bring new therapies and cures to patients who need them. According to PhRMA, the pharmaceutical industry research and advocacy group, the average drug takes over 10 years and $2.6 billion dollars to reach the market. The group also notes that only 12% of drugs entering clinical trials result in a medicine that’s approved by the U.S. Food and Drug Administration. Research and development of pharmaceuticals relies on a lot of trial and error, according to Dr. Yuan Luo, who is Director of the Institute for Artificial Intelligence in Medicine at Northwestern University’s F

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Last updated : 15 Nov 2023 clock 05:28 AM

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You and AI: Can artificial intelligence cut down on the time and cost it takes to save lives? ...Middle East

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