logo
How Data Science Is Transforming Drug Discovery And Medical Diagnosis

How Data Science Is Transforming Drug Discovery And Medical Diagnosis

Forbes17-07-2025
Ajit Sahu, Senior Engineering Leader – Health & Wellness Application Innovation, AI, digital transformation.
Healthcare is in the midst of a data-driven revolution. With the convergence of big data, machine learning and AI, the sector is becoming smarter, faster and more predictive. These technologies are not just automating manual tasks—they are redefining how drugs are discovered, how clinical trials are run, how diseases are diagnosed and how care is delivered.
Drug Discovery: From Hypotheses To High-Confidence Predictions
Traditionally, drug discovery relied heavily on trial and error, with long timelines and high costs. The introduction of biostatistics helped make this process more rigorous, but the pace remained slow. Today, AI and data science are streamlining every phase, from early molecular analysis to clinical testing.
AI models, like DeepMind's AlphaFold, have revolutionized how we understand protein folding and drug-target interactions. With the ability to simulate biological processes and identify optimal compounds for development, researchers are drastically cutting R&D timelines and reducing failure rates. Simultaneously, AI ensures pharmaceutical manufacturing adheres to stringent quality controls by detecting environmental deviations in real time, minimizing batch waste and improving consistency.
Clinical Trials: Precision, Speed And Scalability
Biostatistics remains essential in trial design, powering randomization, control group structuring and statistical significance testing. But AI adds a layer of intelligence. By analyzing historical patient data and real-time trial feedback, AI can dynamically adjust study parameters, predict adverse effects and segment patient populations more effectively.
This can result in faster approvals and safer, more targeted therapies. Moreover, AI enables decentralized clinical trials, allowing remote participation, improving diversity and reducing dropout rates.
Diagnosis: Real-Time, Data-Enriched Decision Making
AI is also playing a key role in diagnostic medicine. Integrating data from wearables, mobile apps, imaging systems and lab results, AI models help identify disease onset and recommend treatments. Crucially, this includes analyzing vital signs over time, uncovering patterns that might be missed in traditional one-time tests.
Wearable sensors powered by AI provide continuous, real-time monitoring of health metrics such as heart rate, glucose levels and activity. These sensors utilize machine learning for signal processing, personalized analytics, preventive care and dynamic resource allocation. The review underscores advancements in sensor materials and structural designs while identifying challenges and future opportunities in smart wearable health applications.
Consider the example of a Covid-19 test. Even with 95% accuracy, a low prevalence rate can produce many false positives. Here, probabilistic modeling helps clinicians interpret results based on context. Such AI-supported reasoning ensures more accurate diagnoses and reduces unnecessary interventions.
Smarter Resource Allocation In A Limited-Capacity World
AI is helping to solve operational challenges as well. In under-resourced settings, AI-driven tools assist in staff scheduling, supply chain forecasting and infrastructure planning. During Covid-19, such insights could have mitigated issues like the rise of untreated tuberculosis cases caused by resource diversion.
Hospitals and clinics also use AI to improve diagnosis, treatment and efficiency. It helps monitor patients with conditions like heart disease, cancer, diabetes and chronic diseases. AI uses machine learning to analyze sensor data, medical images, electronic health records and hospital workflows, allowing for predictive, personalized and proactive care.
Going forward, AI has the potential to help balance needs across regions, ensuring care delivery doesn't compromise chronic or long-term care in the face of emergencies.
Ethical Considerations And Systemic Impact
While AI holds significant promise in healthcare, its implementation must be approached thoughtfully. Challenges such as bias in training data, lack of interoperability and concerns around patient consent and data privacy (particularly under HIPAA) need to be proactively addressed. Effective deployment of AI requires close collaboration between policymakers, clinicians and technologists to establish standards that ensure equitable and inclusive outcomes.
From my own experience developing AI-driven tools—including OCR-based and NSFW-filtering LLM models for prescription validation—several recurring challenges stand out. These include biased training datasets, the need for continuous model retraining as new prescription formats emerge and the complexity of managing patient consent and privacy. These issues cannot be solved in isolation; they demand cross-functional coordination and governance.
Fortunately, emerging standards such as the FDA's Good Machine Learning Practice (GMLP), ISO/IEC 42001 and IEEE 7003 provide essential guardrails for developing accountable and robust AI solutions. At our company, we've integrated these frameworks into our internal 'AI governance rounds'—multidisciplinary reviews involving pharmacists, data scientists, compliance experts and clinicians. These sessions help assess algorithm performance, ethical risks and clinical accuracy.
For example, applying IEEE 7003's bias mitigation checklist helped us identify a gap: Our OCR tool initially underperformed on prescriptions from multilingual communities. By adjusting our dataset to better reflect linguistic diversity, we significantly reduced inaccuracies.
Other promising examples of collaborative AI governance include Mayo Clinic's partnership with Google and the FDA on their 'model-in-the-loop' initiative. In this framework, AI models are reviewed collaboratively with regulators before being deployed clinically, offering a practical blueprint for responsible scaling of AI in healthcare.
Still, several systemic issues remain. Current methods for collecting patient consent often fall short and struggle to keep pace with evolving data practices. We need adaptive, dynamic consent models that align with the realities of AI-enabled healthcare. Additionally, questions about liability remain unresolved: Who is responsible when AI-generated recommendations conflict with physician judgment? These gaps need to be addressed contractually and ethically.
Finally, the reimbursement model based on Current Procedural Terminology codes does not yet account for AI-driven contributions to care. To unlock the full value of AI, payment structures must evolve to reward its meaningful, responsible use.
Conclusion: A Smarter, Fairer Healthcare Future
The future of healthcare lies in the thoughtful, responsible use of AI—not to replace human caregivers but to empower them. As AI and data science mature, they present a unique opportunity to revolutionize drug discovery, diagnostic accuracy, resource allocation and patient outcomes. Successfully addressing ethical and systemic challenges can ensure this revolution leads to a predictive, personalized and equitable healthcare system accessible to all.
Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Smart Cities Propel Expansion Amid Rising Self-Service Demand
Smart Cities Propel Expansion Amid Rising Self-Service Demand

Yahoo

time25 minutes ago

  • Yahoo

Smart Cities Propel Expansion Amid Rising Self-Service Demand

The global Outdoor Kiosk Market, valued at USD 3 billion in 2024, is projected to grow at a CAGR of 7.77%, reaching USD 5.5 billion by 2032. Growth drivers include smart city initiatives, demand for contactless services, and self-service technologies. Samsung's OH55A launch highlights innovation in weatherproof, high-brightness kiosks. Key challenges are installation costs and maintenance complexities. The detailed market report entails size projections, trends, and strategies up to 2034, providing insights for strategic investment decisions. Outdoor Kiosk Market Dublin, July 30, 2025 (GLOBE NEWSWIRE) -- The "Outdoor Kiosk Market Outlook 2025-2034: Market Share, and Growth Analysis By Product Type (Interactive Kiosks, Vending Kiosks, Information Kiosks), By Technology, By Application, By End User" has been added to offering. The global Outdoor Kiosk Market is projected to grow from USD 3 billion in 2024 to USD 5.5 billion by 2032, with a CAGR of 7.77% from 2024 to 2032. The market is rapidly expanding as industries like retail, transportation, hospitality, and government increasingly adopt interactive kiosks for applications such as ticketing, wayfinding, and self-service transactions. These kiosks are equipped with weatherproof, vandal-resistant enclosures, and advanced touch technologies optimized for outdoor use. Growth is fueled by smart city initiatives and a surge in demand for contactless services, although high installation and maintenance costs present notable challenges. A recent highlight includes Samsung's launch of its OH55A outdoor kiosk designed for transit hubs and retail environments. Key trends driving the market include the scaling up of outdoor kiosks for contactless services in transportation, retail, and smart city infrastructures. The growth is further propelled by an increasing consumer preference for self-service technologies, urban digitalization efforts, and the demand for efficient public information systems. Despite high costs and maintenance complexities, the return on investment through operational efficiency gains makes outdoor kiosks a favorable option. Innovations are evident as companies focus on high-brightness, weather-resistant, and vandal-proof kiosk designs. Samsung's OH55A model is exemplary, featuring IP56-rated enclosures, anti-reflective screens, and integrated payment modules aimed at enhancing outdoor digital services. Market Insights and Growth Predictions The comprehensive Outdoor Kiosk Market report projects growth trajectories from 2024 to 2034, analyzing the latest market trends, growth drivers, competitive landscape, and emerging business opportunities. The report evaluates the impact of global supply chain disruptions and geopolitical challenges, considering variables such as trade tariffs, regulatory barriers, and market substitutes. The effects of inflation are analyzed by correlating past economic downturns with current market dynamics. Competitive Analysis and Strategies The 2025 Outdoor Kiosk Market Research Report elaborates on strategic approaches for companies to enhance sales and market share. Insights from industry leaders and expert predictions regarding technological advancements and tailored strategies are detailed. The report serves as a key resource for businesses, offering comprehensive data and analysis to support informed decision-making and maintain competitive edges. The study provides in-depth insights into consumer behaviors, including purchasing patterns and brand loyalty, along with an overview of the regulatory landscape impacting the Outdoor Kiosk industry. It examines the shifting consumer demand against the backdrop of rising interest rates aimed at controlling inflation. Key Inclusions in the Report: Global and regional market size and growth forecasts from 2024 to 2034. Comprehensive insights into market trends, drivers, and challenges. In-depth analyses of leading companies, including financials, product portfolios, and SWOT analyses. Strategic insights and competitive intelligence. Potential high-growth markets for investment. Analysis of supply chain dynamics and the impact of geopolitical tensions. Key Attributes: Report Attribute Details No. of Pages 150 Forecast Period 2024 - 2032 Estimated Market Value (USD) in 2024 $3 Billion Forecasted Market Value (USD) by 2032 $5.5 Billion Compound Annual Growth Rate 7.7% Regions Covered Global Companies Featured Olea Kiosks Inc. KIOSK Information Systems NCR Corporation RedyRef Interactive Kiosks Meridian Kiosks Diebold Nixdorf Frank Mayer and Associates Inc. Advantech Co., Ltd. ZIVELO Peerless-AV Glory Global Solutions Source Technologies TouchSource SlabbKiosks LamasaTech For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Outdoor Kiosk Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Cantor upgrades Seagate despite soft outlook on rising cloud demand
Cantor upgrades Seagate despite soft outlook on rising cloud demand

Yahoo

time25 minutes ago

  • Yahoo

Cantor upgrades Seagate despite soft outlook on rising cloud demand

-- Cantor Fitzgerald upgraded Seagate Technology to Overweight from Neutral, saying the hard drive maker remains well-positioned to benefit from rising cloud storage demand even as the company issued a slightly weaker-than-expected forecast for the current quarter. Seagate projected September-quarter revenue of $2.50 billion and adjusted earnings of $2.30 per share, both slightly below consensus estimates of $2.53 billion and $2.36, respectively. Cantor said the miss was due to the slower growth in its enterprise business, which is tied to technology transitions like the ramp-up of HAMR drives, and to dilution from Seagate's higher stock price and convertible notes. Still, the brokerage pointed to several positives. Gross margin guidance of 38.8% for the quarter topped consensus of 37.2%, and Seagate plans to resume share buybacks, aided by declining net leverage, now at 1.8 times. Cantor also highlighted strong demand from hyperscale cloud providers and ongoing visibility into orders extending into the second half of 2026. The firm raised its 2026 earnings forecast to $11 per share from $10.60, versus a consensus of $10.45, with a potential upside scenario of $12. For fiscal 2028, Cantor sees earnings reaching $16.00 if Seagate hits its revenue targets. Despite Seagate shares gaining 77% year-to-date, Cantor said there is further room for upside, recently lifting its price target to $175. The firm sees the broader re-rating of the hard disk drive industry still in its early stages, noting the stock could approach $250 over the next few years if trends hold. Shares fell following the guidance miss, but Cantor said a pullback would be an entry point for investors. Related articles Cantor upgrades Seagate despite soft outlook on rising cloud demand Clients buying into summer rally, bracing for later pullback, says BofA's Hartnett Surge of 50% since our AI selection, this chip giant still has great potential Sign in to access your portfolio

4 Ways You Can Leverage ChatGPT To Improve Your Finances
4 Ways You Can Leverage ChatGPT To Improve Your Finances

Yahoo

time25 minutes ago

  • Yahoo

4 Ways You Can Leverage ChatGPT To Improve Your Finances

As ChatGPT grows more sophisticated by the day, so do the practical use cases for the artificial intelligence (AI) model when it comes to solving everyday problems — particularly concerns related to personal finance. Read Next: Learn More: So what can ChatGPT help you with when it comes to improving your financial health? From helping you craft a rock-solid budget to making sure you place your money in wise investments, AI tools have never been more valuable. ChatGPT Prompts Can Help You Create a Better Budget Plan According to Forbes, generative AI can be useful in helping you draw up an effective budget. Recommendations attached to the prompt Forbes recommended include making sure to identify and specify spending areas related to housing, groceries, transportation, etc.; providing tips on slashing expenses and optimizing spending in each area; producing a goal savings target on a per-month basis to achieve an annual savings nest egg; suggesting other tools, apps or platforms to track spending and income; and offering advice on handling any unexpected expenses that could show up. Financial experts frequently underscore the importance of having a sensible budget in place as the bedrock of fiscal health. That advice has proven timeless, so take advantage of every opportunity to create one, or strengthen your existing example. Check Out: Use ChatGPT as One Voice Among Many To Produce Investment Options (Due Diligence Required) And while Forbes was also quick to point out that ChatGPT shouldn't be relied upon as a source of unassailable investment advice — after all, the model retains a substantial capacity for error — its recommendations can nonetheless be taken as a worthwhile starting point from which to conduct your own guided research. Forbes suggested asking ChatGPT for 'a list of accessible, beginner-friendly investment options that I can consider and conduct due diligence on, with a focus on building wealth gradually before the end of the year.' It advised asking the AI to explain each option, as well as how much money is needed to utilize these strategies and any potential risks. However, it's vital to keep one thing in mind: Due diligence on your part remains necessary to avoid potential money pitfalls. Bringing a list of ChatGPT-provided investments to a credible and ideally accredited financial advisor can spur discussion, debate and a deeper examination into potential places to park your hard-earned cash to reap the greatest reward. Condense and Analyze Financial Articles for Easier Reading Don't have time to read a few dozen lengthy financial articles in order to get a picture of what's happening in the spheres of personal finance, business news and investment opportunities? No problem. ChatGPT is quite capable of scouring any number of reputable sources fed to it in order to provide concise and readable analysis. You could save hours of valuable time by allowing ChatGPT to handle the heavy lifting when it comes to breaking down concepts, news pieces and earnings calls, per DataCamp. Just be sure to double-check questionable conclusions and spot-check sources periodically to ensure the model isn't hallucinating or pulling facts from thin air. Translate Financial Jargon Into Plain English To Enhance Your Own Vocabulary Related to the above point, sometimes blog entries, news articles or financial reports can be laden with insider terminology that proves difficult to grasp. A quick ask to ChatGPT can end with fruitful results, whether one wants to know exactly what's meant by terms ranging from earnings before interest, taxes, depreciation and amortization (EBITDA) to return on investment (ROI), or from capital appreciation to liquidity. Improving your own vocabulary when it comes to the challenging financial lexicon gives you the tools to engage with educational materials on your terms — making you better-equipped to make wiser decisions when it comes to your pocketbook in the long run. More From GOBankingRates 25 Places To Buy a Home If You Want It To Gain Value This article originally appeared on 4 Ways You Can Leverage ChatGPT To Improve Your Finances Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store