Move over Medtech, Pharma Is Embracing AI, Too!

It's no secret the medtech industry has embraced artificial intelligence (AI) and machine learning (ML). Pharmaceutical companies are leaping into the AI/ML space, too. There have been about 100 partnerships that have been established between pharmaceutical companies and AI vendors, according to a report from clinicaltrialsarena.com citing GlobalData Healthcare data. Earlier today (Wednesday), Merck announced its plan to dive deeper into the space. The pharma powerhouse said it was launching the Merck Digital Sciences Studio (MDSS), which will help early-stage biomedical startups with direct investment, access to powerful Azure Cloud computing, and opportunities to pilot their technologies in collaboration with discovery and clinical scientists at Merck.