New study by the St Gallen consortium estimates the cost of one approved drug at $6.16 Billion. 7 of the top 16 pharma companies demonstrated negative R&D productivity.
Category: AI
This Health AI Startup Aims To Keep Doctors Up To Date On The Latest Science
OpenEvidence, which is valued at $425 million, is taking on one of AI’s big engineering challenges: large language models whose training is stuck in the past.
InnovationRx: The Lessons ‘Oppenheimer’ Holds For Biotech
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AI At The Doctor? Amazon Launches New Service As Google, Microsoft Aim At Merging Healthcare With Artificial Intelligence
Amazon is continuing its expansion into the health space with the launch of a new generative AI tool called HealthScribe, meant to take over some time-consuming administrative tasks of doctor’s offices and clinics, the company said.
Cigna Sued Over Algorithm Allegedly Used To Deny Coverage To Hundreds Of Thousands Of Patients
The software system allows claim rejections without doctors ever opening patient medical records, according to the lawsuit.
This AI Chatbot Has Helped Doctors Treat 3 Million People–And May Be Coming To A Hospital Near You
With a new $59 million investment, digital health startup K Health is looking to scale its AI technology in hospitals, starting with new strategic investor Cedars-Sinai.
New Breakthroughs In Cryopreservation Poised To Transform Organ Transplantation
In 2023, several breakthroughs have shaken the academic community. Freezing entire organs to sub-zero temperatures for future transplantation is now a reality.
Sanofi Goes All-In On AI
Sanofi made a very important official announcement that went largely unnoticed by the media but has enormous implications for the company and pharmaceutical industry
This AI Startup Wants To Be The Next Nvidia By Building Brain Cell-Powered Computers
At Cortical Labs, CEO Hon Weng Chong is building biological computers that he hopes will not just surpass AI, but supercharge growth of other companies.
Elon Musk’s Neuralink Wants To Put Chips In Our Brains — How It Works And Who Else Is Doing It
Neuralink is one of many brain implant companies hoping to restore lost functions like sight and movement and Musk hopes it will one day help humans merge with artificial intelligence.
