Meet the AI startup using your health data to help drug companies target ads
But while annoying to some, the commercials could end up saving someone's life. At least, that's what DeepIntent CEO and founder Chris Paquette hopes.
The product was in beta testing with several large, undisclosed pharmaceutical companies. DeepIntent's website touts AstraZeneca, Bayer, Merck, and GlaxoSmithKline as clients, among others. Overall, it works with seven of the top 10 largest drugmakers, according to Paquette. Hypothetically, DeepIntent could figure out that, say, 45-year-old men who live in southern states and watch late-night television have higher rates of Type 2 diabetes. Those findings could then inform where a drug company that sells medication to treat that disease should purchase advertisements.
The company says its platform can be up to 60% more effective than traditional methods. It bases that metric on insights including audience quality, which can tie back how effective it was in reaching the right audience in a federally compliant manner.
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