As many with life-threatening diseases or chronic illness know, developing new drugs can be a lengthy, expensive process. How artificial intelligence is helping to speed that up:
Drug development is an expensive, time-consuming, and often unsuccessful endeavor — developing new drugs can often take more than 10 years, cost more than $2 billion, and fail nearly 90% of the time. And these numbers have not been improving, which is especially worrisome for people suffering from life-threatening diseases and patients with chronic conditions for which there are no good therapies or treatments.
Finally, know that AI will not replace people with computers and robots, but it may change the type of work humans do. We always will need scientists, researchers heading up clinical trials, regulators, pharmacology experts, and patients to help develop the safest and most effective drugs.
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