IBM Journey to AI blog

JUNE 30, 2023

In 2022, the pharma industry saw the most units recalled than in the past six years, with 567.3 These struggles are inconvenient, adversely impact the quality-of-care patients receive and increase staff stress levels. million, a 114% increase over the 264.6 million units recalled in 2021.

Artificial Intelligence 195

Artificial Intelligence Artificial Intelligence AI AI 195

IBM Journey to AI blog

MAY 26, 2023

Cloud is transforming the way life sciences organizations are doing business. Leading life science companies are leveraging cloud for innovation around operational, revenue and business models. Leading life science companies are leveraging cloud for innovation around operational, revenue and business models.

Automation 185

Automation Machine Learning Artificial Intelligence Artificial Intelligence 185

IBM Journey to AI blog

NOVEMBER 20, 2023

These organizations are less likely to have a formal approach to AI than some other industries, but they are showing progress: 57% of banks and financial markets organizations, 54% of insurers and 54% of life sciences/pharma institutions have adopted a formal approach to the technology so far.

Generative AI 215

Generative AI AI AI AI Strategy 215

NVIDIA

JANUARY 12, 2024

She also said that Amgen, one of the first companies to employ BioNeMo, plans to advance drug discovery with generative AI and NVIDIA DGX SuperPOD — and that BioNeMo is used by a growing number of techbio companies, pharmas, AI software vendors and systems integrators. Morgan Healthcare Conference. This is the generative AI revolution.”

Generative AI 137

Generative AI Artificial Intelligence Artificial Intelligence Explainability 137

AWS Machine Learning Blog

JANUARY 13, 2023

Analyzing real-world healthcare and life sciences (HCLS) data poses several practical challenges, such as distributed data silos, lack of sufficient data at any single site for rare events, regulatory guidelines that prohibit data sharing, infrastructure requirement, and cost incurred in creating a centralized data repository.

Machine Learning 70

Machine Learning ML Algorithm Data Scientist 70

Becoming Human

MARCH 16, 2023

All pharma giants, including Bayer, AstraZeneca, Takeda, Sanofi, Merck, and Pfizer, have stepped up spending in the hope to create new-age AI solutions that will bring cost efficiency, speed, and precision to the process. Overhyped or not, investments in AI drug discovery jumped from $450 million in 2014 to a whopping $58 billion in 2021.

Neural Network 139

Neural Network Deep Learning Artificial Intelligence Artificial Intelligence 139

AWS Machine Learning Blog

NOVEMBER 7, 2023

Foundation Models Pharma Ad Generator – A specialized application tailored for the pharmaceutical industry. Large language models (LLMs) with their broad knowledge, can generate human-like text on almost any topic. However, their training on massive datasets also limits their usefulness for specialized tasks.

Large Language Models 89

Large Language Models Generative AI LLM AI 89