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How AI Is Transforming The Pharmaceutical Industry

Ooda Loop

The pharmaceutical industry, known for its rigorous research, complex drug development pipelines, and use of cutting-edge technology, is undergoing a transformation thanks to AI. With vast amounts of biological, chemical, and patient […] The post How AI Is Transforming The Pharmaceutical Industry appeared first on OODAloop.

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Isomorphic inks deals with Eli Lilly and Novartis for drug discovery

TechCrunch

Isomorphic Labs, the London-based, drug discovery-focused spin-out of Google AI R&D division DeepMind, today announced that it’s entered into strategic partnerships with two pharmaceutical giants, Eli Lilly and Novartis, to apply AI to discover new medications to treat diseases. The deals have a combined value of around $3 billion.

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YC-backed Remedial Health raises $1 million pre-seed to digitize pharmacies in Nigeria

TechCrunch

Remedial Health has secured $1 million in pre-seed funding to digitize pharmacies and stem the supply of fake and substandard pharmaceutical products, starting with Nigeria before expanding to the rest of Africa. Image Credits: Remedial Health. They are also planning to extend their reach in the regions that they are currently in.

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Real-Time Pharmaceutical Authorization

Confluent

Use Confluent data streaming platform to enable real-time pharmaceutical approvals – with healthcare compliance, improved patient safety, and automation for greater efficiency and cost savings.

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Hear how Cambrian BioPharma is reinventing drug (and drug company) development

TechCrunch

The startup Cambrian BioPharma is developing a life-changing technology while pioneering a radical approach to a pharmaceutical company. Cambrian BioPharma bills itself as a new pharmaceutical company with a revolutionary approach to developing and managing drug development. Register here. It’s free to watch and participate.

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The Week’s 10 Biggest Funding Rounds: Cardurion Pharmaceuticals And Human Interest Nab Largest Raises

Crunchbase News

Cardurion Pharmaceuticals , $260M, biotech: Cardurion Pharmaceuticals led the way for biotech startups raising big money this week, as the Burlington, Massachusetts-based biotech firm raised a $260 million Series B financing led by Ascenta Capital. Notice anything missing? Yep, no huge AI raise.

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CIOs contend with gen AI growing pains

CIO

MIT event, moderated by Lan Guan, CAIO at Accenture Accenture “98% of business leaders say they want to adopt AI, right, but a lot of them just don’t know how to do it,” claimed Guan, who is currently working with a large airliner in Saudi Arabia, a large pharmaceutical company, and a high-tech company to implement generative AI blueprints in-house.

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