An MIT professor thinks he's found biotech's holy grail. If he's right, it could save drug companies billions.
, and three other close acquaintances died of cancer.
which would help mitigate the risks. The financial and drug industries originally scoffed at the idea, but it's gained traction in the past couple years.Bringing a drug through preclinical testing, three phases of human trials, and the regulatory approval process costs an average ofResearchers, salespeople, and executives will debate whether they should keep working on an experimental medication.
Machine learning and its more advanced form, artificial intelligence, are some of the healthcare industry's biggest buzzwords. Investors handed over"There's so much that biomedical experts require in order to be able to make a decision about whether or not to move forward with the clinical trial or not," Lo said."All of the data that's being brought to bear is really revolutionizing that process.
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