How The Pharmaceutical Industry Is Using AI

May 14, 2023 3:56 AM ET, , , , , , 1 Comment
VanEck
4.83K Followers

Summary

  • Industry-leading pharmaceutical firms are adopting artificial intelligence to drive value for the future of their enterprise.
  • Several companies in the VanEck Pharmaceutical ETF are currently integrating AI into their operations.
  • The global pharmaceutical giant, AstraZeneca, shows promise with their AI implementation strategy in drug development.

Concept of Artifical Intelligence

Janos Varga/iStock via Getty Images

Pharmaceutical firms are incorporating AI in their operations to drive better patient outcomes, analyze data, and streamline drug development processes.

Industry-leading pharmaceutical firms are adopting artificial intelligence (AI) to drive value for the future of their

This article was written by

4.83K Followers
VanEck’s mission is to offer investors intelligently designed investment strategies that capitalize on targeted market opportunities. VanEck seeks to provide long-term competitive performance through active and index strategies based on creative investment approaches and portfolio delivery.At VanEck we are driven by innovation, our hallmark since the company’s founding in 1955. Our efficiently-constructed investment strategies benefit from our experience and in-depth knowledge of targeted asset classes. Our actively managed VanEck Funds target natural resource equities and commodities, emerging market equities, global fixed income, and liquid alternatives. Security selection is the cornerstone of our approach to managing these funds. Our index-based VanEck Vectors ETFs are purpose-built, aimed at either providing exposure to asset classes that are underrepresented in investor portfolios or offering a superior approach to established investment categories. We offer unique, actively managed investment portfolios in hard assets, emerging markets, precious metals including gold, and other alternative asset classes. Headquartered in New York City, we have a network of offices worldwide, including offices in Sydney (Australia), Shanghai (China), Frankfurt (Germany), Madrid (Spain), and Pfaeffikon (Switzerland).Disclosure: https://www.vaneck.com/seeking-alpha-terms-and-conditions/

Recommended For You

Related Stocks

SymbolLast Price% Chg
PPH--
VanEck Pharmaceutical ETF
JNJ--
Johnson & Johnson
NVS--
Novartis AG
NVSEF--
Novartis AG
AZN--
AstraZeneca PLC

Related Analysis