Machine learning is transforming the pharma sector

The pharmaceutical regulatory environment is becoming more challenging, and drugs must go through extensive testing before they hit the market. As a result, there are major incentives for drug companies to reduce R&D spending in order to free up funds for additional ventures and offer lower prices for their products. By adopting sophisticated data science, and machine learning, pharmaceutical researchers can save money and time on R&D. On top of that, machine learning technology provides new ways for drug companies to streamline nearly every other aspect of their businesses. To outline how machine learning can be best applied, data science software company, Dataiku, has recently released a whitepaper titled "How Machine Learning is Transforming Pharmaceuticals".