Faster, cheaper, better: How China and AI are helping pharmaceutical development

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 … Continue reading Faster, cheaper, better: How China and AI are helping pharmaceutical development