Currently, it takes a staggering 10-15 years and costs $2.6 billion to develop a new drug, and an astonishing proportion of this is lost in the 90% of candidates that fail. AstraZeneca is one of the world’s largest Pharmaceutical companies and is incorporating AI in every step of the R&D chain from drug discovery to launch to make this process safer, quicker and less costly.
pharmaceuticals
BenevolentAI: Revolutionizing drug discovery using Artificial Intelligence
It takes over $2.5B and 10 years to produce one drug. Artificial Intelligence has the power to halve each of that. Enter, BenevolentAI.
Iodine: the ‘Yelp of Medicine’
Iodine is the ‘Yelp of Medicine,’ creating tremendous value by crowdsourcing reviews of pharmaceuticals to help patients make better-informed choices about their medications. But the question remains: can they capture any of that value?