How Can Machine Learning Accelerate the Pace of Drug Discovery?

Artificial intelligence and machine learning techniques are already proving effective in pharmaceutical procedures. Drug discovery is one of the crucial procedures to find new candidate medications in the field of medicine, biotechnology and pharmacology. According to the U.S. FDA, there are five steps for the development of a new drug. These include discovery and development, preclinical research, clinical research, FDA review, and FDA post-market safety monitoring. Since drug discovery requires huge amounts of data and research, many pharmaceutical companies are embracing AI and machine learning to accelerate the pace of drug discovery.