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drug development

You Can’t Find the Needle If You Don’t Know It Exists

This blog is adapted from my book titled “Inside the Cockpit: Navigating the Complexity of Drug Development with AI and Blockchain”. Full copies are available here.  In December 2014, a twenty-nine-year-old investor named Vivek Ramaswamy bought a patent from GlaxoSmithKline (GSK) for $5 million. The patent covered an Alzheimer’s drug candidate that had failed GSK’s …

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How can AI help in Transforming the Drug Development Cycle?

Artificial intelligence (AI) is transforming the pharmaceutical industry with extraordinary innovations that are automating processes at every stage of drug development. Pharma companies are investing in AI-driven applications for transforming healthcare, reducing R&D spends, and expanding the scope of drug discovery. By expediting research efforts, AI is turning hype into use cases and increasing ROI …

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Can AI-Enhanced Data Analytics Accelerate Clinical Trials?

The success rate of clinical trials carries significant weight in the business of pharma. In addition to dedicating considerable time and effort, the industry spends billions on R&D every year. Clinical development requires optimal decision-making and multiple insights on various parameters, including identifying trial sites, recruiting patients, coordinating logistics, and overseeing research. Adding pressure to …

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Biotech’s Future Success Lies in Innovative Technology and Real-Time Data

Businesses that adapt to current innovations in technology are in a much better position to realize success than those that don’t. No company has ever been able to withhold innovation and thrive. Today, the biotechnology industry faces tremendous challenges, including unsuccessful projects, unexpected terminations, missed deadlines, and high expenditures. Those companies that embrace technological innovations …

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Innoplexus’s Proprietary CAAV Framework for Intelligent Big Data Analysis

The amount of data currently being produced by the life sciences industry is exploding. Medical information alone is expected to double every 73 days by 2020,1 and much of this data is unstructured. If we want to put this extremely complex, vast ocean of data to use, we need to crawl, aggregate, analyze, and visualize …

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Does Your Scientific Narrative Resonate in the Pharmaceutical Ecosystem?

Monitoring the impact of your scientific narrative in real time The term “scientific narrative” refers to the comprehensive communication strategy to position a therapy and sets forth the quintessence of the mission and vision of a particular therapy. It encompasses all attributes of the therapy from scientific data and health economic arguments to clinical practice …

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Uncovering Opportunities in the Pharma Patent Landscape

For the pharmaceutical industry, staying up to date with the ever-changing patent landscape holds the key to better strategizing drug development and drug repurposing, and helps save considerable amounts of money and effort. The pharmaceutical industry is known for its high spends in bringing new therapies to market. In the United States alone, biopharmaceutical companies …

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