The Medical AI Podcast, hosted by Dr. Felix Beacher, is a fast-paced, 30-minute exploration of cutting-edge AI innovations in healthcare. It covers topics ranging from medical imaging and large language models to regulatory strategy and ethics, keeping listeners informed about the latest advancements transforming the industry.
In today’s episode, the discussion focuses on whether AI can revolutionize drug development. While modern drug treatments are often considered scientific breakthroughs, the reality is more complex. Developing a single drug takes 10 to 12 years and can cost as much as $2.5 billion. Despite these investments, 90 percent of drug candidates fail to gain approval. For chronic diseases, the overall benefits of these treatments are often minimal.
Given these challenges, the episode explores whether AI could be the transformative solution that healthcare needs.