Nick Beckett, Managing Partner of the CMS Beijing and Hong Kong Offices and Global Co-Head of the CMS Life Sciences u0026 Healthcare Group, discusses the use of artificial intelligence (AI) in drug discovery in the Life Sciences and Healthcare sector.. . The use of AI in drug discovery is considered a groundbreaking development in the digital health space. AI can dramatically reduce the time it takes to screen compounds and bring drugs to market. Its use in drug discovery can also greatly increase the chances of success.. . This video mentions the example of Baracitinib, which Eli Lilly identified as a possible candidate in four days using AI, bringing it to market within two years. The drug development process was shortened by discovering that Baracitinib could be repurposed for a new indication. Baracitinib is now recommended by the World Health Organization for severe COVID-19.. . It is predicted that many more companies will be using AI in drug discovery in the future.. . #CMS #AIDrugDiscovery #AI #MachineLearning #DrugDiscovery #ArtificialIntelligence #LifeSciences #Healthcare. . ▬ Chapters ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬. 00:00 What does the future look like for Life Sciences and Healthcare?. 00:23 Drug development process. 00:56 More companies expected to use AI in drug discovery. . ▬ Socials u0026 Links ▬▬▬▬▬▬▬▬▬▬▬▬. Website: https://cms.law/en/gbr/. LinkedIn: https://www.linkedin.com/company/cms-cameron-mckenna/. Twitter: https://twitter.com/CMS_law. . ▬ About CMS ▬▬▬▬▬▬▬▬▬▬▬▬▬▬. With more than 70 offices in over 40 countries and 5,000+ lawyers worldwide, CMS offers deep local market understanding with a global perspective.. As a Future Facing firm we take a bold, dynamic and agile approach to help clients of every size face the future with confidence. We have an immense depth of understanding of the sectors in which we operate. Our lawyers are genuine experts in their fields and are able to advise on current challenges as well as anticipate those on the horizon that are likely to shape the future.
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