Likang Life Sciences<\/a> is expected to complete a new drug research and manufacturing centre in the Beijing Economic and Technological Development Zone, with a total investment of about 110 million yuan (US$16.1 million), according to the district government.<\/p>\nThe facility will house cell therapy research laboratories together with a production line of the company\u2019s flagship product, LK101, a personalised cancer vaccine that analyses each patient\u2019s tumour DNA to pinpoint the specific genetic mutations driving the disease. With AI, the company said the procedure could be completed in a day.<\/p>\n
The project reflects a global shift in the pharmaceutical sector towards harnessing artificial intelligence. The technology was widely used in drug discovery and clinical trials, as well as areas such as data analysis, data monitoring and medical writing, said Grace Wang, a partner based in L.E.K. Consulting\u2019s Shanghai office, in a video posted in early June.<\/p>\n
The global AI healthcare market could exceed US$1 trillion by 2035, according to Bank of America, highlighting the commercial potential of such technologies.<\/p>\n
\u201cAI offers a compelling solution by automating manual workflows, improving diagnostic accuracy and enabling personalised treatment strategies,\u201d said Alec Stranahan, senior research analyst of small- and mid-cap biotechnology at Bank of America, in a note on January 21. \u201cCurrent adoption, however, is still in its early stages.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"China has broken ground on what developers say is the country\u2019s first production line for AI-assisted personalised tumour…\n","protected":false},"author":2,"featured_media":559650,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[261],"tags":[291,289,290,7213,1793,132529,381,239234,18,205398,4202,19,155959,17,239235,239233,114633,239236,2792,239237,82],"class_list":["post-559649","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-bank-of-america","tag-beijing","tag-beijing-economic-and-technological-development-zone","tag-china","tag-chinese-centre-for-disease-control-and-prevention","tag-eire","tag-grace-wang","tag-hong-kong","tag-ie","tag-insilico-medicine","tag-ireland","tag-l-e-k-consulting","tag-likang-life-sciences","tag-lk","tag-national-cancer-centre","tag-shanghai","tag-sk-biopharmaceuticals","tag-technology"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/116832684381306175","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/559649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=559649"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/559649\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/559650"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=559649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=559649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=559649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}