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Drug companies look to AI to end 'hit and miss' research


Drug companies look to AI to end hit and miss research
Julia Kollewe
© Provided by The Guardian
Photograph: Sakchai Lalit/AP
The hunt for new medicines has often been more like a game of roulette than high-end science. But now the pharmaceutical sector is on the cusp of a transformation, as it delves into cutting-edge technology to come up with new treatments for diseases such as cancer, rheumatoid arthritis and Alzheimer’s.
Artificial intelligence (AI) is set to improve the industry’s success rates and speed up drug discovery, potentially saving it billions of dollars, a recent survey by the analytics firm GlobalData has found. AI topped a list of technologies seen as having the greatest impact on the sector this year. Almost 100 partnerships have been struck between AI specialists and large pharma companies for drug discovery since 2015. ....

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Global Cell and Gene Therapy Market Report 2020 Featuring Major Players - Gilead Sciences, BMS, Novartis, Amgen, Merck, Organogenesis, Dendreon, Vericel, Bluebird Bio and Fibrocell Science


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ResearchAndMarkets.com s offering.
Cell and Gene Therapy Global Market Report 2020-30: COVID-19 Growth and Change provides the strategists, marketers and senior management with the critical information they need to assess the global cell & gene therapy market.
Major players in the cell and gene therapy market are Gilead Sciences, Bristol-Myers Squibb, Novartis AG, Amgen, Merck, Organogenesis Holdings, Dendreon, Vericel, Bluebird Bio and Fibrocell Science.
The global cell and gene therapy market is expected to decline from $6.68 billion in 2019 to $6.92 billion in 2020 at a compound annual growth rate (CAGR) of 3.61%. The slow growth is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities resulting in operational challenges. The entire supply chain has been disrupted, impacting the marke ....

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Is pharma putting all of its eggs in one COVID basket?


Is pharma putting all of its eggs in one COVID basket?
16th December 2020
The pharmaceutical industry’s reputation has undoubtedly been enhanced by its response to COVID-19. The sector has been buoyed by the vaccine launch and distribution news, plus previous research, treatment and testing, backed by impressive cross-sector partnerships.
All of these highly visibly outcomes have presented the sector as responding rapidly to a wider societal need and having put aside competitive differences for the common good.
Pharma s reputation
However, one concern for the industry, which I will go on to discuss at length, is the sense that pharma has been narrower than any other sector in its focus and has, in a sense, put all of its eggs in one basket. The ultimate reputational gains for the sector will depend entirely on the long term successes of the vaccines, and how long the successes take to materialise. ....

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