AI Aids Drug Operations

We know that technology has had a tremendous on the medical field. And artificial intelligence (AI) is coming on strong. Today, we look at how AI aids drug operations.

As William SolimanPresident, Accreditation Council for Medical Affairs, notes: 

“Recently, two AI drug design companies, Insilico Medicine and A2A Pharmaceuticals joined forces to bring to market a possible treatment for Duchenne muscular dystrophy (DMD) and other rare orphan diseases. Using AI to more rapidly discover optimal pre-clinical candidates may revolutionize the drug development process in the life sciences.”

“What AI can bring to the table is the ability to rapidly and accurately sort through massive amounts of data. This may very well revolutionize how competitive intelligence, drug discovery and stakeholder engagement take place as we know it. Among many functions that medical affairs is tasked with, an important one is stakeholder engagement with External Experts (EE) (formerly known as KOLs or Key Opinion Leaders). For Medical Science Liaisons (MSLs), who are the primary function engaging external stakeholders, there will likely be several changes.”

Click the image to read a lot more.

AI Aids Drug Operations
Medical Affairs and Artificial Intelligence in the Life Sciences

 

Would You Buy Your Prescriptions at Amazon?

Until now drugstore chains, independent pharmacies, mail-order delivery from prescription suppliers, and in-store pharmacies in retail stores have been the major ways that we buy prescription drugs.

Now, Amazon intends to change this — as it has so many other business segments. So, would you buy your prescriptions at Amazon?

According to Business Insider Intelligence:

“More than half of U.S. consumers say they would ditch their current pharmacy for Amazon. And Amazon’s $1 billion deal to acquire online pharmacy startup PillPack is bad news for CVS, Rite Aid, Walgreens, and other pharmacies. The majority of respondents (57%) in an exclusive Business Insider Intelligence survey said they would use a pharmacy service offered by Amazon over their current pharmacy.”

“Amazon’s strengths are price, product selection, and delivery speed — all of which could be applied to retail pharmaceuticals. While it’s unclear how Amazon aims to use PillPack, we think consumers anticipate lower prices and convenience.” 

“Amazon still has a number of hurdles to overcome before offering a full-fledged pharmacy service. For instance, Amazon could have trouble forging relationships with pharmacy benefits managers who could see Amazon’s entry into the pharmaceutical market as a direct threat.”

Would You Buy Your Prescriptions at Amazon?