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Goldman Sachs estimates that AI drug discovery and breakthroughs like gene editing will add 0.5% to 2.5% to the U.S. gross domestic product. McKinsey & Co. follows suit, noting AI could generate 30% efficiency gains and cost savings in the pharmaceutical sector and trigger financial gains of up to $110 billion annually.
Johnson & Johnson signed a multibillion-dollar contract with ChemImage in 2019. The two companies will face off in court next week.
Seeking more efficient drug development, pharmaceutical giants and startups are encouraging AI fluency and in some cases offering training for it.
Discover why (NASDAQ:ZJK) is rated as a HOLD. Explore its growth in EV, AI, Aerospace markets, strong finances, and challenges ahead.
Intuitive Surgical is investing heavily in AI, AR, leading to future profitability. Learn why ISRG stock may present a buying opportunity.
"For the past 10 years, we have been working on using AI to solve real-world problems," Daisuke Okanohara of Preferred Networks told CNBC's "Managing Asia."