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📣📣📣 Learn how AI can expand life sciences growth potential! With the use of AI, companies can drive innovation in their product development, leading to sustainable growth. ✅✅✅ AI technology offers a wealth of opportunities to optimize research and development, improve clinical trials, and enhance patient outcomes. If you're looking to stay ahead of the curve in the life sciences industry, AI is the way to go. Don't miss out on the potential for growth and innovation - start exploring AI today! #AI #lifesciences #innovation #growthpotential 🎯🎯🎯

The adoption of artificial intelligence and generative-AI. $4.5 billion investment in the digital transformation of manufacturing facilities by 2030 and over $3 billion on AI by 2025.

An Industry Shift Toward Automation In recent years, we’ve seen a conspicuous shift toward the integration of automation technologies within the rapidly evolving life sciences industry. Machine Learning (ML), Artificial Intelligence (AI), and data analytics are revolutionizing processes on the shop floor, offering unprecedented opportunities for optimization and efficiency within pharma. In fact, it’s expected that the life sciences market size for AI investments is predicted to reach nearly $9 billion before 2032. These advancements streamline process monitoring by correlating vast datasets with critical quality attributes, thus minimizing the need for extensive quality control (QC) tests on bulk drug substances and further accelerating drug discovery.   

How to Successfully Scale Generative AI in Pharma >40% of executives say that they are baking expected savings into their 2024 budget >60% have set targets for cost savings or productivity boosts >54% of pharma companies have automated biomedical literature review solutions >46% are using AI as part of their process to find potential disease targets. >Generative AI is already top of mind for most pharma companies, with 75% citing it as a C-suite and board priority via Bain & Company, Eric Berger, @robbie sandig, KC George #generatieveai #pharma #drugdiscovery #lifesciences #healthcare #biotech

Read our latest newsletter article on AI and healthcare entitled "Artificial Intelligence in Healthcare: Biotech or Tech-Bio?" Some of the key takeaways from the article: 👉 AI technologies are reshaping healthcare, with significant implications for health tech and radiology. 👉 The approval of numerous AI algorithms in the US signals a shift towards AI-driven solutions. 👉 "Tech-bio" companies are using AI to transform drug development and healthcare services, blurring the lines between biotech and tech. 👉 This convergence offers promising investment opportunities, but understanding the technology stages, business models and limitations of AI is key. Dive into our newsletter to find out more: https://lnkd.in/dY7DBp5S #Healthcare #AI #biotech #privatemarkets #lifesciences

“Life Sciences - AI Use Cases and Trends” https://lnkd.in/dgpjAv3V Like many other economic and industrial sectors, AI is beginning to transform operations across life sciences. In a 2021 survey of life science organizations published by the International Data Corporation (IDC), respondents cited a 65% average increase in AI spending in their organizations over the next year. Life sciences is an enormous umbrella that covers numerous scientific disciplines. This article will present leaders with three overarching trends of AI adoption within the life sciences space, primarily focusing on for-profit companies in pharmaceuticals (pharma) and biomedicine. We then will examine three use cases directly related to these trends: - AI-driven drug R&D is taking off - Data sharing is driving AI innovation - Many life science firms could be gauging AI ROI poorly #AI #artificialintelligence #ROI #usecases #lifesciences #biotechnology

Artificial intelligence (AI) presents new opportunities to advance midsize Life Sciences companies into the next phase of their digital transformation journey. Read how: https://imsap.co/6041V1qRS

Artificial intelligence (AI) presents new opportunities to advance midsize Life Sciences companies into the next phase of their digital transformation journey. Read how: https://imsap.co/6044V1ouu

“Life Sciences - AI Use Cases and Trends” https://lnkd.in/dgpjAv3V Like many other economic and industrial sectors, AI is beginning to transform operations across life sciences. In a 2021 survey of life science organizations published by the International Data Corporation (IDC), respondents cited a 65% average increase in AI spending in their organizations over the next year. Life sciences is an enormous umbrella that covers numerous scientific disciplines. This article will present leaders with three overarching trends of AI adoption within the life sciences space, primarily focusing on for-profit companies in pharmaceuticals (pharma) and biomedicine. We then will examine three use cases directly related to these trends: - AI-driven drug R&D is taking off - Data sharing is driving AI innovation - Many life science firms could be gauging AI ROI poorly #AI #artificialintelligence #ROI #usecases #lifesciences #biotechnology

Artificial intelligence (AI) presents new opportunities to advance midsize Life Sciences companies into the next phase of their digital transformation journey. Read how: https://imsap.co/6048k9QPY