GlobeStar Therapeutics Corp (GSTC)

[beer$$money]

$GSTC Big Pharma AI to speed up clinical trials

LONDON, Sept 22 (Reuters) - Major drugmakers are using artificial intelligence to find patients for clinical trials quickly, or to reduce the number of people needed to test medicines, both accelerating drug development and potentially saving millions of dollars.

Human studies are the most expensive and time-consuming part of drug development as it can take years to recruit patients and trial new medicines in a process that can cost over a billion dollars from the discovery of a drug to the finishing line.

Reuters interviews with more than a dozen pharmaceutical company executives, drug regulators, public health experts and AI firms show, however, that the technology is playing a sizeable and growing role in human drug trials.

https://www.reuters.com/technology/big-pharma-bets-ai-speed-up-clinical-trials-2023-09-22/?utm_source=aitoolreport.beehiiv.com&utm_medium=newsletter&utm_campaign=big-pharma-makes-big-bets-on-ai-in-healthcare