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Drug Discovery Needs AI To Discover More Treatments

Smart Data Collective

At first glance, artificial intelligence may feel like a step away from our humanity. Artificial intelligence can help us take better care of those we’ve left behind. In time, it will also help us balance the financial realities of the pharmaceutical industry with the moral imperative to render aid where needed.

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Automating Vendor Management in Pharmaceuticals: How Automated Contract Data Extraction Drives Efficiency 

Astera

The pharmaceutical industry is one of the most regulated industries globally, with vendors playing a critical role in the manufacturing process of pharmaceutical products. Pharmaceutical companies must manage their vendors effectively to overcome the challenges they face.

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Eyes on Data: Importance of Data Governance When Implementing AI/ML

The Data Administration Newsletter

Artificial Intelligence (AI), Machine Learning (ML) and Large Language Models (LLM) have turned the world on its head. From finance to manufacturing to pharmaceuticals to retail, every industry is jumping on the AI/ML bandwagon. And for good reason. AI/ML applications can absorb […]

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Predictive Analytics: 4 Primary Aspects of Predictive Analytics

Smart Data Collective

These statistical models are growing as a result of the wide swaths of available current data as well as the advent of capable artificial intelligence and machine learning. These predictive models can be used by enterprise marketers to more effectively develop predictions of future user behaviors based on the sourced historical data.

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Big Data Will Become Central to Healthcare Following The Pandemic

Smart Data Collective

“You can have a colleague or another practitioner thousands of miles away assist with diagnoses or use glasses as the vehicle for delivery of diagnostic data from an artificial intelligence consultant,” explains Dustin Brewer , principal futurist for ISACA. AI and big data have been driving forces in the world of pharmaceuticals, too.

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AI Tools Make Short-Selling Possible with Algorithmic Trading

Smart Data Collective

Artificial intelligence is driving a number of changes in the financial sector. Let’s say, there’s a hypothetical company called Pills Inc whose business is developing and selling pharmaceutical therapies for rare ailments. We pointed out that AI has created new opportunities for investors purchasing real estate stocks.

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Top 5 Information Technology Trends in 2024

GAVS Technology

Artificial Intelligence (AI) has become more prevalent, influencing everything from cybersecurity to data analytics. Pharmaceutical companies can use generative AI to design and test millions of potential drug molecules in a fraction of the time, accelerating discovery and potentially saving lives.