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In the first of a new series, we ask: #WhyAI? At Deep Genomics, we are pioneering new AI science alongside biological science. But what are some key challenges facing biotech and pharmaceutical industries that foundation models can help solve? While the current climate for biopharma innovation is seemingly ideal, productivity remains low. @The National Institutes of Health in the United States highlighted that of 16 leading pharma companies, R&D spending increased at a compound annual growth rate of 6% between 2001-2020. This led to an average R&D expenditure per company of $6.7 billion - and nearly half had negative productivity as a result. Standard AI has not yet lived up to the promise of increased productivity, but AI foundation models, such as BigRNA, offer a new approach. BigRNA can uniquely discover - at speed - a wide range of new targets and RNA therapeutic opportunities that otherwise would take too much money and workforce power to find. Want to learn more about BigRNA and “Why AI”? Learn more on the Deep Genomics website: https://lnkd.in/gP4apMmb #BigRNA #techbio #biotech #aipharma

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Joao Goncalves

Project Leader - Oligonucleotide Therapeutics - at Evotec

2w

🙂

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