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The AI And Digital Health Future Of Pharma: Prescription For Change
Let's see six existing and three future trends that will determining the AI and digital health future of the pharma industry.
Over the past decade, Dr. Bertalan Meskó, known as The Medical Futurist, has extensively mapped out the future of healthcare, particularly focusing on the pharmaceutical sector. This summary highlights key trends in digital health and AI within the pharma industry, as seen in 2024.
AI in Pharma: AI is revolutionizing drug design, repurposing, and clinical trials by accelerating discovery and reducing costs. Collaborations like those between Bristol Myers Squibb, Exscientia, Merck, Biolojic Design, and others exemplify this trend. AI tools such as CRISPR-GPT and in-silico platforms, like Novadiscovery’s jinkō, demonstrate significant advancements in pre-trial and trial processes.
Optimizing Operations with AI: AI is not just for drug discovery but also for enhancing internal processes. Roche’s RocheGPT is an example, aiding in repetitive tasks, knowledge sharing, and data analysis to streamline operations.
Patient-Centric Design: The industry is shifting from a paternalistic approach to involving patients as co-creators in healthcare solutions. Initiatives like the FDA’s Patient Engagement Advisory Committee highlight this change.
Automating the Supply Chain: Robotics, AI, and blockchain are transforming the pharmaceutical supply chain, improving efficiency and security. Technologies like blockchain ensure traceability, while robotics handle tasks like sorting and packaging.
Digital Therapeutics: Pharmaceutical companies are investing in digital therapeutics (DTx) to complement traditional medications. Examples include Roche’s acquisition of mySugr and GSK’s partnership with Propeller Health.
Digital Health Units: Many pharma companies are establishing dedicated digital health units to integrate AI and digital solutions into their offerings. While some, like Bayer and AstraZeneca, are expanding, others like Biogen have shut down less successful ventures.
Future Trends: In-silico trials and artificial patients promise a future where clinical trials could be conducted virtually, reducing costs and risks. These digital simulations, though in early stages, could eventually replace traditional trials.
Post-Digital Transformation Era: The pharma industry is moving beyond digital transformation to fully integrate digital technologies into every aspect of operations, making AI and data analytics fundamental components of the industry.
3D Printing Drugs: This technology, exemplified by Aprecia Pharmaceuticals’ FDA-approved Spritam and FabRx’s pediatric clinical trials, holds potential for personalized medicine, allowing customized drug manufacturing closer to the point of care.
The Medical Futurist team continues to monitor and report on these technological advancements, providing insights and analysis on the future of the pharmaceutical industry.
Read on medicalfuturist.com
Continue reading at medicalfuturist.com
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