Report Store Digital health: a new direction for neurology In recent years, there has been a significant growth in investment in digital health in immunology Market, a multidimensional part of the business that may integrate software-based medicines into many aspects of the drug development process. In recent years, there has been a significant growth in investment in digital health, a multidimensional part of the business that may integrate software-based medicines into many aspects of the drug development process. There are several different examples of how big pharma is implementing technologies into the field, from drug discovery to post-marketing studies, along with many other examples of technology entering the pharma universe, from facilitating diagnosis to chronic disease management and even remote exchange of data and support for patients through telehealth.
GlaxoSmithKline just signed a $43 million agreement to employ Exscientia's AI technology in the drug discovery process. The digital business will seek to discover molecules in the body that might be potential medication targets by anticipating how they respond under particular situations using machine learning and carefully tailored algorithms. If this strategy is successful in identifying new therapeutic targets, pharmaceutical companies' financial burden for R&D will be reduced, allowing resources to be deployed elsewhere.
Other applications of technology in healthcare may include increasing the cost-effectiveness of clinical trials. Takeda and Lundbeck have began employing applications to track patients suffering from depression, while Novartis has launched the first app-based trial in multiple sclerosis that allows patients to register symptoms in real time. Empatica's seizure warning bracelet and Great Lakes NeuroTechnologies' Kinesia 360, a sensorsmartphone app combo used to monitor Parkinson's symptoms, are two famous instances. All of these technology improvements imply that patients participating in clinical trials no longer require regular
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