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Pharma must embrace an AI future says new report

Drug Discovery World

Artificial intelligence (AI) technology has the potential to revolutionise drug discovery and pharma companies need to make plans for a future in which AI is frequently utilised in research, says ResearchAndMarkets.com. The report points towards inorganic strategies amongst market players that are boosting AI in drug discovery.

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India: Why is the country ramping up drug discovery research?

Drug Discovery World

According to a report by Deloitte, globally India is the third largest in the world by volume and 11th by value, comprising over 3,000 pharma companies and 10,500 manufacturing facilities 2. To many, the country is referred to as the ‘pharmacy of the world’. So, what is driving this success, and will it continue?

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How AI in pharma can live up to the hype 

Drug Discovery World

Its application in pharma, most commonly in drug discovery, has been steadily growing with global partnerships between tech vendors and pharma companies becoming more commonplace. According to Hampleton Patners’ latest Healthtech M&A market report2, digital health companies raised a total of $57.2

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Disrupting the CRO Model: Altasciences Participates in Documentary Series for 2024 Global Health Summit

Alta Sciences

CROs have historically functioned as auxiliaries to pharma companies, conducting the work sponsors can’t do in-house. A McKinsey & Company report from 2022 also found that biotech companies often rely heavily on CROs to compensate for their relative lack of “infrastructure”. billion by 2028—a CAGR growth rate of 10.7%