CLOSE

Specials

I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

Skip to: Curated Story Group 1
lifesciencesreview
US
EUROPE
APAC
CANADA
  • US
    • US
    • EUROPE
    • APAC
    • CANADA
    • LATAM
  • Home
  • Contributors
  • News
  • Conferences
  • Newsletter
  • Whitepapers
  • Magazine
×
#

Life Science Review Weekly Brief

Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Life Science Review

Subscribe

loading

Thank you for Subscribing to Life Science Review Weekly Brief

  • Home
  • News

Recommended picks

The Two Key Trends Of AI In Biotechnology

The Two Key Trends Of AI In...

Compound K', Is Fast Absorbing And Has A Higher Immune-Boosting Effect Than Ginseng

Compound K', Is Fast Absorbing And...

Informa Pharma Intelligence announces the launch of its Citeline Connect

Informa Pharma Intelligence announces...

Industry Giants Say Covid-19 Offers A 'Significant Opportunity' To Fast-Track Cancer Eradication

Industry Giants Say Covid-19 Offers A...

How Does Biotechnology Help the World

How Does Biotechnology Help the World

Advantages of Biotech Partnership

Advantages of Biotech Partnership

How AI Enhances Biotech Operations

How AI Enhances Biotech Operations

What You Should Know About Biotechnology

What You Should Know About...

The Two Key Trends Of AI In Biotechnology

The Two Key Trends Of AI In...

Compound K', Is Fast Absorbing And Has A Higher Immune-Boosting Effect Than Ginseng

Compound K', Is Fast Absorbing And...

Informa Pharma Intelligence announces the launch of its Citeline Connect

Informa Pharma Intelligence announces...

Industry Giants Say Covid-19 Offers A 'Significant Opportunity' To Fast-Track Cancer Eradication

Industry Giants Say Covid-19 Offers A...

How Does Biotechnology Help the World

How Does Biotechnology Help the World

Advantages of Biotech Partnership

Advantages of Biotech Partnership

How AI Enhances Biotech Operations

How AI Enhances Biotech Operations

What You Should Know About Biotechnology

What You Should Know About...

Pharma and Biotech are Looking to Cloud and AI to Expediate Drug Discovery

Life Sciences Review | Thursday, April 28, 2022
Tweet

Cloud systems are now being used by some of the world's largest pharmaceutical companies to collaborate and accelerate clinical trials through geographically distributed R&D teams.


FREMONT, CA: As one unlocks the power of both human and health data, next-generation technologies such as artificial intelligence (AI) and machine learning promise to improve the way people live. Pharma and biotech companies are looking at new and better ways to offer IT services that are flexible, cost-effective, and stable. Improved analytics and real-time data processing are some of the most critical factors in accelerating drug discovery.


Embracing the Cloud for Enhanced Collaboration and Accessibility


While pharma companies have been reluctant to implement new technology like cloud computing due to enforcement and regulatory issues, the need for greater communication and data sharing forces them to accept the transition. According to one report, over the next 12-18 months, 65 percent of healthcare organizations will increase their technology spending on public cloud infrastructure services. Furthermore, when it comes to data center modernization, 20 percent of pharma companies will spend the most on hybrid cloud management software. Cloud systems are now being used by some of the world's largest pharmaceutical companies to collaborate and accelerate clinical trials through geographically distributed R&D teams. One company uses a cloud-based computational platform to design each mRNA (messenger Ribonucleic Acid) sequence using various algorithms.


Artificial Intelligence Can Fast-Track Data Analysis


Data is one of the most important aspects of the pharmaceutical industry since it can make or break a company's success. The pace at which an idea can be derived and the time it takes to enact or act on that insight can mean the difference between curing cancer and failing to get an FDA drug approved. As a result, for businesses to thrive and gain useful insights, they must efficiently use data analytics tools and technologies. Modern pharma companies understand the value of easily exchanging insights or sharing patient outcomes by using data visualization.


Whether an organization is performing drug trials (pre-clinical or phase 1/2/3) and wants to exchange data with a patient based on individual outcomes, or highlighting how different drugs or procedures affect different parts of the body, timely access to accurately visualized data has a direct effect on patient satisfaction. Computational drug discovery, for example, makes the drug creation process quicker and less expensive by combining cloud computing and artificial intelligence. The major pharmaceutical companies are putting this new approach to the test thanks to AI and cloud computing power developments. Pharma companies are using this tech-driven process to create both conventional drugs and entirely new types of medications that function at the level of DNA and RNA to prevent disease.


See also: Top Drug Discovery and Development Solution Companies


Weekly Brief

loading
Top 10 Biotech Startups in APAC - 2022
> <
  • Clinical Lab Equipment 2023

    Top Vendors

    Current Issue
  • Proteomics 2022

    Top Vendors

    Current Issue
  • Clinical Lab Equipment 2023

    Top Vendors

    Current Issue
  • Proteomics 2022

    Top Vendors

    Current Issue

Read Also

Qualities to Consider when Choosing Life Sciences Business Consultants for Your Firm

How Biotech Startups can Mitigate Risks in Order to Grow Sustainably

Cellf BIO's BioShincter to Undergo Phase 1 Trail to Test Fecal Incontinence Treatment

Fulcrum Therapeutics Announces CEO Transition

An Overview of Wholesalers' Roles in Complex Supply Chains

Veeva Opening Up Integration Module for Future Opportunities and Applications

Veeva Systems To Accelerate the CRM of Life Science Businesses

The Role of Technology in Advancing Clinical Trials

Loading...

Copyright © 2023 Life Sciences Review . All rights reserved. |  Subscribe |  About Us follow on linkedin

This content is copyright protected

However, if you would like to share the information in this article, you may use the link below:

https://www.lifesciencesreview.com/news/pharma-and-biotech-are-looking-to-cloud-and-ai-to-expediate-drug-discovery-nwid-327.html