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Stock impact report

Leading Artificial Intelligence (AI) Companies in Pharma [Yahoo! Finance]

Exscientia Plc - American Depositary Shares (EXAI) 
Company Research Source: Yahoo! Finance
The coming years will be more about practical uses of AI, as businesses ensure they get their money's worth by using AI to address specific use cases, not least of which will be seen in the pharma industry. Though it is a highly regulated industry and has historically been slow to adopt new technologies and modernise, pharma companies using AI are leading the charge despite such hurdles and changing the industry landscape. With many benefits already being enjoyed, the use of AI in the pharma industry, as well as in the healthcare space overall, is expected to continue to increase in the next five years. The applications of AI in healthcare and pharma are many, with the potential to transform key aspects of the industry and drive innovation. Industry investment: pharmaceuticals companies using AI GlobalData forecasts that the market for AI platforms for the entire healthcare industry will reach $4.3bn by 2024, up from $1.5bn in 2019. This will be driven pharma companies us Show less Read more
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