Category: AI in healthcare

How Insilico Medicine uses AI to accelerate drug development

How Insilico Medicine uses AI to accelerate drug development

Within the longevity research community, Alex Zhavoronkov is well-known for his relentless focus. He works seven days a week and takes no holidays. The hard work is paying off: In February, Insilico Medicine, the AI drug development company he founded, announced the first phase 1 clinical trials for a wholly AI-developed drug. Following a series of investment rounds in the rest of the year, the company is now well-funded, and its software is widely used in the pharma industry. Alex explains the company’s progress in the latest episode of the London Futurist Podcast. Three phases of drug development Drug development...
Biotech firm puts R2D2 to work in lab

Biotech firm puts R2D2 to work in lab

Applying AI to drug development Drug development is a time-consuming and expensive business. Notoriously, it takes over 10 years and costs around $2 billion to bring one drug to market — and around 90% of candidate drugs fail during human trials. And the situation is getting worse. Eroom’s Law (Moore’s Law in reverse) is the observation that the cost of developing a new drug doubles roughly every nine years. The most promising solution to this problem is applying artificial intelligence to the process. A number of companies are pursuing this, and one of the leaders is Insilico Medicine, which announced...