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2024-12-09| TechnologyTrending

The Future of Generative AI for New Drug Development and Precision Medicine

by GeneOnline
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Join NVIDIA and experts in Taipei on December 19 to explore generative AI breakthroughs in drug development and precision medicine.

The Biotechnology and Pharmaceutical Industries Promotion Office (BPIPO), Development Center for Biotechnology (DCB), NVIDIA, and Taiwan Industrial Technology Association (TITA) will jointly organize the “Symposium on Generative AI for Drug Development and Precision Medicine” on December 19 (Thu) at the Taipei Bioinnovation Park. The event will bring together many distinguished experts from NVIDIA, biotech companies and academia with extensive experience in drug discovery and life sciences to present breakthrough applications of generative AI (Gen-AI) in the biopharma industry, exploring in-depth how it can facilitate new drug discovery and precision healthcare.

Related article: BPIPO and DCB Collaborate with NVIDIA to Host AI Forum, Focusing on Cross-Domain Integration for Precision Health 

Generating Breakthroughs in New Drug Development with Generative AI

As AI technology is gaining worldwide prominence, its application in the biomedical field is also attracting considerable attention. For example, Google DeepMind’s AlphaFold platform, which utilizes AI to predict the 3D structures and interactions of proteins from their amino acid sequences, accelerates the identification of multiple drug targets. It is not only regarded as an important breakthrough in solving fundamental biomedical challenges, but was also awarded the Nobel Prize in Chemistry in 2024. 

Moreover, AI can analyze real-world data (RWD) and patients’ genetic profiles to assist clinical researchers in recruiting suitable participants, thus improving the success rate of clinical trials and making the results more representative. Furthermore, gen-AI can rapidly generate potential molecular structures through deep learning algorithms, hence reducing the trial-and-error costs and significantly shortening the drug design cycle. Overall, AI’s powerful data processing and analysis capabilities are revolutionizing the traditional drug R&D paradigm, empowering drug developers to overcome their longstanding predicaments of high costs, high risks, and low success rates.

Generative AI Makes Impressive Contributions to Precision Medicine

In the field of precision medicine, gen-AI can integrate genomic data and electronic health records to customize treatment plans for individual patients. For example, AI allows doctors to analyze tumor genetic data and predict cancer patients’ response to specific drugs, helping them to choose the optimal targeted therapy for their patients, thereby improving survival rates, mitigating side effects, and lowering the risk of recurrence. Besides, AI can rapidly process massive amounts of medical images and gene sequencing data, thus enabling more accurate diagnostic results. One example is that AI models enable efficient screening for particular genetic mutations, making substantial contributions to the diagnosis and treatment of rare diseases and cancers.

Experts Gather in Taipei to Explore Gen-AI’s Groundbreaking Biopharma Applications

For in-depth exploration of groundbreaking applications of generative AI in the biopharma industry, as well as ideas on Taiwan’s development opportunities in the global AI surge, BPIPO, in collaboration with NVIDIA, DCB, and TITA, are jointly organizing the “Symposium on Generative AI for Drug Development and Precision Medicine”. 

The organizers anticipate that the event will provide a platform for biopharma experts, scientists and researchers to share their accomplishments and insights on the future trends of gen-AI for drug development and precision medicine, thus promoting Taiwan’s biopharma innovation and fostering a deeper integration between academia and industry. 

As one of the co-organizers of the symposium, GeneOnline will provide first-hand coverage and compile the event’s key highlights, allowing readers to appreciate the tremendous potential of gen-AI. The details of the symposium are as follows: 

  • Organizers: BPIPO, DCB, NVIDIA, and TITA
  • Co-organizers: GeneOnline, Global Bio & Investment and Taipei Bioinnovation Park
  • Sponsors: Compal Electronics, PharmaEssentia
  • Date and Time: December 19 (Thur), 09:00-17:00
  • Venue: Multi-functional Hall, Taipei Bioinnovation Park
  • Programs and speakers: https://bit.ly/3D1LrIB 
  • Online registration form: https://bit.ly/41kaYqz 

The symposium is free of charge with limited seats available. All professionals and experts interested in the development of AI in the biopharma industry are cordially invited to attend the event by registering online.

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