2022 in review: Regulation starts to catch up with AI in pharma - Pharmaceutical Technology

Artificial intelligence (AI) continued to stay in the news with several high-profile deals this year, as the pharmaceutical industry readily took to adopting AI models to improve drug discovery. But as the field grows in leaps and bounds, many authorities have prioritised the release of new guidelines, frameworks, and regulations to keep pace with these advances. AI applications such as ChatGPT, an Open AI chatbot that understands human speech and produces in-depth writing, have taken the world by storm and expanded the possibilities of using AI. Across all sectors, AI applications are being used to increase efficiency and reduce costs. This is true not only in the case of the general public using applications for creating images or text, but also for pharma companies to improve drug discovery, clinical trial recruitment, and finding new biomarkers.