In this episode, Dr Ashiq Khan, Neuroscientist and Member Global Panel at MIT Technology Review tells us about the potential of AI in healthcare and how it can help predict various health issues. He explores how AI is a game changer for the pharmaceutical industry with it transforming the drug development cycle and guiding clinical research particularly.
- AI is crucial in measuring the effectiveness of established drugs based on real world evidence
- The pharma industry has started to embrace data driven digital revolution and collaboration with big tech companies is needed for research and early commercialization
- With AI/ML healthcare industry is able to determine the success of clinical trials and factors that impede that which further reduces time to market
- Precision medicine based diagnostics is set to be another popular focus area for AI/ML application in the near future that will also help in producing vaccines