According to a
The report found that 36 percent of the 198 pharmaceutical industry professionals it surveyed believed AI would have the greatest impact on the pharmaceutical industry in 2021. Other technologies in the top five included Big Data, social media, cybersecurity and Internet of Things (IoT).
The company stated that many pharma companies have partnered with AI vendors or start-ups to take advantage of their technology and expertise in drug discovery. In addition to partnerships, some pharma companies are also beginning to set up their own in-house capabilities, such as
A recent analysis by
Whitney added: "The pharmaceutical industry is under increasing pressure, with rising costs of drug development, manufacturing, and marketing eroding profit margins. As well as drug discovery, AI can be applied across a wide range of other functions, allowing for improved clinical trial design and recruitment, smarter and more efficient supply chains, and targeted sales and marketing."
The future of label management is with intelligent automation…
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