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Big Pharma's AI Transformation

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Eli Lilly's market value surpassing $1 trillion highlights the high revenue potential in pharmaceuticals, where over 300 drugs are expected to generate over $1 billion annually. However, drug development typically takes over a decade, with most candidates failing. a16z News predicts that AI could significantly alter the success rates and reduce the time and cost of drug development in the sector.

AI-written from the reports · Updated yesterday

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