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November 7, 2022
By: Haydn Boehm
Director of Product Marketing, Dotmatics
Despite the buzz around artificial intelligence (AI), most industry insiders know that the use of machine learning (ML) in drug discovery is nothing new. For more than a decade, researchers have used computational techniques for many purposes, such as finding hits, modeling drug-protein interactions, and predicting reaction rates. What is new is the hype. As AI has taken off in other industries, countless start-ups have emerged promising to transform drug discovery and design with AI-based technologies for things like virtual screening, physics-based biological activity assessment, and drug crystal-structure prediction. Investors have made huge bets that these start-ups will succeed. Investment reached $13.8 billion in 2020. And, more than one-third of large pharma executives report using AI technologies. While a few “AI-native” candidates are in clinical trials, around 90% remain in discovery or preclinical development, so it will take years to see if the bets pay off.
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