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Leveraging AI and Blockchain to Transform Healthcare
Medicine is ripe for disruption. As David Lawrence, former Chairman and CEO of the Kaiser Foundation Health Plan, wrote in his 2005 book chapter Bridging the Quality Chasm: “Between $.30 and $.40 of every dollar spent on healthcare is spent on the costs of poor quality. This extraordinary number represents slightly more than a half-trillion dollars …
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How Blockchain Can Improve the Pharma Manufacturing Supply Chain Pharmaphorum
The entire pharmaceutical industry has been booming, from the manufacturing of clinical trial materials to support research studies to the regulated medicines on the pharmacy shelves. It has been one of the top industry performers of the past three decades. By maintaining the highest safety and quality standards, many pharma business units along the supply …
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Why pharma companies need to upgrade their intelligence Pharmaphorum
In the 21st century pharma companies face novel challenges. Pairing artificial intelligence (AI) capabilities with human strengths can bring a competitive edge in this rapidly–changing world. As the Nobel-prize-winning economist Daniel Kahneman wrote in his book Thinking, Fast and Slow, “Intelligence is not only the ability to reason; it is also the ability to find relevant …
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How artificial intelligence powers healthcare innovation Digital Commerce 360
When medicine incorporates AI, blockchain, and big data we are going to lower costs, reduce health disparity, and speed novel therapeutics to market. As Ginny Rometti, the current CEO of IBM and also the first woman to head the company is quoted as saying: “Some people call this artificial intelligence, but the reality …
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Solving the Big Data problem in pharma innovation Pharmaphorum
The effectiveness of AI applications can be undermined by the volumes of unstructured data prevalent in the pharma industry. What can be done to overcome this issue? We live in an exciting time for the pharmaceutical industry. Cutting-edge technologies like artificial intelligence (AI) and Blockchain are making headlines or revolutionising everything from drug discovery to …
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Using AI & Machine Learning, Indo-German company Innoplexus is helping reduce the time it takes for medicines to reach patients
Making more people aware about clinical trials that identify data patterns on usage of a particular drug to discover if it can be repurposed and used for faster treatment of serious terminal illnesses. This is just one of the ways in which Innoplexus is harnessing the enormous power of data using Artificial Intelligence (AI), Machine Learning (ML) …
How AI, blockchain, and big data can reduce drug development costs Pharmaphorum
Cutting-edge technologies are increasingly improving pharma’s R&D processes, which will reduce costs and, in turn, benefit patients, says Gunjan Bhardwaj. It’s no secret that drug prices are a controversial issue. Just last week, US President Trump called high drug prices an “injustice” and vowed to make the issue a priority for his administration. In the …
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How AI Is Transforming The Future Of Healthcare
Post Written ByGunjan Bhardwaj Dr. Gunjan Bhardwaj is Co-Founder and Chief Executive of Innoplexus AG. I recently wrote about five technologies that are shaping the future of healthcare. One of these technologies — artificial intelligence — holds particular potential for improving medical care at the clinical level. Thanks to the digital revolution, medical professionals don’t …
Innoplexus strengthens its global leadership team with accomplished leaders- appoints Silke Otte as Chief Marketing Officer and Graeme Mcfarlane as the Chief Commercial Officer
Innoplexus AG, a leading AI based analytics as a service provider in life sciences and financial services domain, announced today appointment of Lawrence Ganti as Chief Executive Officer of Innoplexus, Americas, further strengthening its leadership team. Lawrence is widely respected as exceptional team builder and accomplished leader in Pharma Industry. His addition to leadership team …