Healthcare

  The pharmaceutical industry is an innovative field and a group that, continuously, always tries to stretch the limits of what is humanly possible in medical science. Yet, traditional approaches toward drug discovery are incredibly time-consuming, and those costs are generally accompanied by  uncertainty regarding  risk. Artificial intelligence, or AI, developed in the last two to three decades as a powerful tool to reform the system, is set to fasten the pace of drug development at a lower cost and better outcomes for patients. A Growing AI for Drug Discovery Market The AI for Drug Discovery Market discovery is increasingly fueled by several key factors. • Accelerated Drug Development:  AI algorithms can scan gigantic datasets of biological and chemical information to determine drug targets and design new compounds with intended properties. This has significantly reduced the timelines leading toward the discovery and development of drugs. • Better Accuracy and Effi...