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Artificial intelligence is revolutionizing the drug discovery industry, with significant economic implications. Goldman Sachs estimates that AI advancements could contribute up to 2.5% to the U.S. GDP, while McKinsey & Co. predicts efficiency gains of 30% in pharmaceuticals. The integration of AI technologies is enabling faster drug development and improved supply chain operations.
Investors are encouraged to consider eight promising stocks in the AI drug discovery space for 2025. Companies like Bristol-Myers Squibb and Eli Lilly are leveraging AI to enhance their research and development processes. The potential for AI to streamline drug discovery and manufacturing presents lucrative opportunities for growth in the pharmaceutical sector.
• AI could add 0.5% to 2.5% to U.S. GDP through drug discovery.
• 75% of healthcare organizations are adopting generative AI technologies.
Generative AI refers to algorithms that can create new content or data, enhancing drug discovery processes.
AI drug discovery utilizes machine learning to identify potential drug candidates more efficiently.
Machine learning is a subset of AI that enables systems to learn from data and improve over time, crucial for drug development.
Bristol-Myers Squibb is integrating AI into its drug discovery and development processes to enhance efficiency.
Eli Lilly is investing heavily in AI to optimize drug discovery and clinical trials, aiming for faster market delivery.
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
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