The Past and Future of Clinical Trials - Part III

Posted by Fuad Rahman on Jun 17, 2019 6:03:00 AM

Where can AI impact the clinical trials process directly? Application areas include increasing trial efficiency through better protocol design, patient enrollment and retention, and study start-up, which were each named as prime candidates for improvement by nearly 40% of sponsors in a recent ICON-Pharma Intelligence survey. With clinical trials accounting for 40% of pharma research budgets, sponsors need new ways to accelerate timelines and reduce costs. Joseph Scheeren, senior advisor for R&D at Bayer, estimates that AI can cut 30-40% of the time required for a clinical trial: “In R&D, speed is everything.”

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Topics: "clinical trials", "ai", "startups"

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