Digital Technologies

AI/ML Alliances May Give Larger Firms Another Edge, S&P Warns

AI/ML Alliances May Give Larger Firms Another Edge, S&P Warns

 

All big pharmas have proprietary artificial intelligence or machine learning platform or are partnering with third parties, according to a survey by S&P Global. Their deep pockets and early adoption are locking in a competitive advantage.

Eight Recent Deals Tapping AI/ML For R&D

Eight Recent Deals Tapping AI/ML For R&D

 
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Big pharmas, biotechs and the US government look to partner with artificial intelligence and machine learning firms for discovery efforts across therapeutic areas and modalities.

Merck & Co Takes A Punt On Evaxion’s AI Vaccines

Merck & Co Takes A Punt On Evaxion’s AI Vaccines

 
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Deal Snapshot: Merck likes the look of Evaxion's artificial intelligence-based technology platform to develop immunotherapies and signed a biobucks deal that will help ease the Copenhagen-headquartered biotech's financial situation.

Quotable: Words Of Wisdom From Our Recent APAC Coverage

Quotable: Words Of Wisdom From Our Recent APAC Coverage

 
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Scrip's APAC team selects notable quotes from recent interviews, conferences and other coverage to highlight the views of senior executives and officials on major topics facing the biopharma sector in the region and more widely.


Recursion’s REC-994 Passes Phase II, But Needs To Find Right Dosage, Endpoints For Next Study

Recursion’s REC-994 Passes Phase II, But Needs To Find Right Dosage, Endpoints For Next Study

 

The study, in cerebral cavernous malformation (CCM), hit the safety primary endpoint and showed signals in efficacy, but analysts pointed out that the bar for success in the disease remains unclear.

GenAI Reality In Pharma Amid Hype, Advances In LLMs For Therapeutics

GenAI Reality In Pharma Amid Hype, Advances In LLMs For Therapeutics

 

Indegene’s CTO talks to Scrip about the state of GenAI implementations in pharma amid hype and limited clarity on ROI, the need to address foundational issues early on, promising pilots, the firm’s alliance with Microsoft and Google’s generalist LLM for therapeutics.

Quick Listen: Scrip's Five Must-Know Things

Quick Listen: Scrip's Five Must-Know Things

 
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In this week's podcast edition of Five Must-Know Things: Narasimhan plays the long game; Merck & Co’s RSV contender; Mounjaro’s China approval; the mid-cap rising stars; and AI could add billions in drug revenues.

McKinsey Exec On Where India Innovation Could Head, Leveraging Pharma’s GCC Ecosystem

McKinsey Exec On Where India Innovation Could Head, Leveraging Pharma’s GCC Ecosystem

 

McKinsey & Company’s senior partner and lead, life sciences practice (Asia), talks to Scrip about innovation niches that could interest Indian firms including the ADC space, using AI to increase confidence in research activities and how India could leverage big pharma’s expanding global capability centres (GCCs) to shape the wider R&D ecosystem.


AI/ML Efficiency Gains Could Add Billions To Drug Revenues, Report Finds

AI/ML Efficiency Gains Could Add Billions To Drug Revenues, Report Finds

 

A report from Accenture, based on interviews with 75 R&D execs from large biopharma companies, found adopting the technology could cut costs by up to 45%.

McKinsey Finds Global Business Leaders Most Worried About Geopolitics, China Slowdown

McKinsey Finds Global Business Leaders Most Worried About Geopolitics, China Slowdown

 
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Growing geopolitical tensions and a slowing Chinese economy are among the topmost concerns for global business leaders across sectors, a McKinsey study has shown. Separately, in pharma, the BIOSECURE Act continues to occupy centre stage with US House Speaker Johnson recently pledging to push China-targeted legislation before House elections in November

Flagship Plans To Distribute New Fund To About Two Dozen Companies

Flagship Plans To Distribute New Fund To About Two Dozen Companies

 

The venture capital firm announced a $3.6bn raise for Fund VIII and side funds, which it plans to invest across human health, AI and sustainability-focused companies.

Parexel Execs On Obesity Drug Hurdles, Parexel GPT, India RWD Opportunity

Parexel Execs On Obesity Drug Hurdles, Parexel GPT, India RWD Opportunity

 
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Parexel’s chief strategy officer Kushal Gohil, Clinical EVP Stephen Pyke and India head Sanjay Vyas share thoughts on possible hurdles to, and the cascading impact of obesity treatments, GenAI progress and the opportunities and challenges of real-world data in India, in the second of this two-part interview with Scrip.


BIO Notebook: Amgen CEO Blasts IRA, Novo Nordisk Stays Cautious On BD, And More

BIO Notebook: Amgen CEO Blasts IRA, Novo Nordisk Stays Cautious On BD, And More

 
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Insights from Day Three of the BIO International Convention in San Diego include Amgen CEO Bob Bradway taking aim at the "Innovation Reduction Act," Novo Nordisk's business development head talking about spending its semaglutide bounty, Roivant's long view on BD prospects for Immunovant's FcRn inhibitor, and more regulatory concerns around artificial intelligence.   

ASCO Roundup: Looking For The Future Of Cancer Research

ASCO Roundup: Looking For The Future Of Cancer Research

 

As the American Society of Clinical Oncology annual meeting drew to a close, Scrip spoke with industry execs about staying competitive, adjusting to policy changes and how artificial intelligence is advancing cancer R&D.

BIO Notebook: FDA User Fees For AI Regulation, Partnering Strategy Evolves, And More

BIO Notebook: FDA User Fees For AI Regulation, Partnering Strategy Evolves, And More

 
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Insights from Day Two of the BIO International Convention in San Diego include the evolving pros and cons of partnering, user fees potentially supporting the FDA's AI ambitions, and J&J's view on dealmaking in 2024.  

Korea Looks To Close Gap In AI Drug Development Capabilities

Korea Looks To Close Gap In AI Drug Development Capabilities

 
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Syntekabio CSO HeaKyoung Cho talks to Scrip how the AI-driven drug development situation in Korea compares with global trends and what the domestic industry needs to do to survive rising competition at home and abroad.


Quick Listen: Scrip's Five Must-Know Things

Quick Listen: Scrip's Five Must-Know Things

 
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In this week's podcast edition of Five Must-Know Things: Biogen’s immunology acquisition; AstraZeneca looks to cement respiratory lead; why US FTC is tough on pharma; the US election’s impact on pharma; and how new AI tools are impacting medical affairs. 

Sanofi Cements Artificial Intelligence Ambitions With OpenAI and Formation Pact

Sanofi Cements Artificial Intelligence Ambitions With OpenAI and Formation Pact

 
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The French drugmaker’s aim is to become the first pharma company powered by artificial intelligence at scale, and the collaborations keep coming.

'We Are Not Waiting To Be Replaced': Medical Affairs Pros Take On GPT-4o

'We Are Not Waiting To Be Replaced': Medical Affairs Pros Take On GPT-4o

 
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Faster, more powerful and able to handle voices and visual images, newly released AI platform GPT-4o could potentially accelerate many tasks currently handled by pharma firms' medical affairs professionals, who are exploring ways to keep themselves relevant while embracing the unprecedented technology, DIA China hears.

Xaira Launches With $1bn-Plus And End-To-End AI Strategy

Xaira Launches With $1bn-Plus And End-To-End AI Strategy

 
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ARCH and Foresite incubated the company and recruited Genentech R&D veteran Marc Tessier-Lavigne to keep data generation, machine learning research and drug development under one roof.