The process of discovering and developing a new drug typically costs $2-4 billion, takes 10-12 years and fails more than 95% of the time either in clinical trials or while going through the approval process. Around half of failures are due to side effects in humans, sometimes discovered after a drug has been fully approved and goes into mainstream use.

Companies around the world with a Chinese connection, however, are using AI to speed up drug development and solve many of the traditional problems the industry has faced.

From quantum physics-based algorithms to miniature cloned hearts, AI is changing drug development by finding new ways to tackle illnesses and then accelerating drug formulation and testing. China will be key to the future of pharmaceuticals, not just for its growing economic might and oceans of data, but its genetic population.

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

Frank Hersey

Frank Hersey is a Beijing-based tech reporter who's been coming to China since 2001. He tries to go beyond the headlines to explain the context and impact of developments in China's tech sector. Get in...