#91: Marco Schmidt - AI in Drug Discovery and Drug Development: What You Need to Know episode artwork

EPISODE · Nov 21, 2022 · 2H 12M

#91: Marco Schmidt - AI in Drug Discovery and Drug Development: What You Need to Know

from Beginner's Mind · host Christian Soschner

What is the Role of Artificial Intelligence in Drug Development and Drug Discovery?⭐ In this episode, we talk about:Deep Mind’s AlphafoldInvesting in Life Science companiesThe State of AI in Drug Development and Drug DiscoveryHow does GDPR limit the development of AI in Drug DiscoveryThe Human Genome and AIToday’s speaker is Marco Schmidt, CSO of Biotx.aiMarco had an exceptional academic career. He won the best PhD of the year award in Chemistry in his home country Germany and then went on to do a Post-Doc at the University of Cambridge.⭐ EPISODE Links:Marco Schmidt on Linkedin Youtube 📖 Quotes:(24:45) “Eroom's law is the observation that drug discovery is becoming slower and more expensive over time”(56:05) “We need more data”(58:13) “Biobanks provide the infrastructure that we really need in the future”(01:16:39) “Prediction Models of Type 2 Diabetes Have 99% Accuracy”(01:17:50) “There is no longevity gene. There are shortevity genes.”(01:53:45) “We are living in fantastic times” ⏰ Timestamps:(00:00) Kick Off and Intro(06:15) Deep Mind’s Alphafold(07:06) Background to Marco Schmidt and Biotx.ai (12:00) Business Model in AI for Drug Development – from Service Provider to Developer(13:15) Basic Definition of Drug Discovery and Drug Development for the Listeners of the Episode(17:20) For Retail Investors who have an eye on investing in public drug development companies: What is a Ligand?(20:09) Why is Drug Discovery Expensive and Lengthy?(23:30) Success and Failure Rate in Drug Development(24:30) What is erooms Law?(27:25) What is the right place for innovation? Startups or Big Corporations?(30:00) The Value Chain in the Pharma Industry – From Research to Marketed Products.(34:00) Investing in Life Science Companies(50:15) Why is Artificial Intelligence an Attractive Area?Speaker and Company(55:00) The State of AI in Drug Development and Drug Discovery – What is Science and What is Still Fiction.(58:00) Accessibility of Data – Is this the bottleneck in Artificial Intelligence Based Drug Discovery?(01:10:00) What would change in Drug Development if scientists could access healthy population data?(01:12:30) Prediction Models for Cancer, Alzheimer, and other diseases(01:16:00) Understanding the progression of diseases and the role lifestyle plays in AI(01:19:00) How does GDPR limit the development of AI in Drug Discovery(01:24:00) Data Curation in AI(01:28:45) Is Capital a Limiting Factor?(01:34:26) The Human Genome and AI(01:40:00) Is it possible to simulate the entire drug development process from lab to market?(01:46:00) Service Offerings of biotx.ai(01:51:30) How can AI help select the right patients?(01:59:00) Synthetic clinical trials(02:01:00) The Role of Excel in Machine Learning📚 Book Mentions:Drug Discovery and Drug DevelopmentThe Power Law Send us Fan Mail Join Christian Soschner for expert coaching. 50% Off - With 35+ years in deep tech, startups/scaleups, and public companies, Christian offers power video sessions. Elevate strategy, execution, and leadership. Book Now.Support the showJoin the Podcast Newsletter: Link

What is the Role of Artificial Intelligence in Drug Development and Drug Discovery? ⭐ In this episode, we talk about: Deep Mind’s AlphafoldInvesting in Life Science companiesThe State of AI in Drug Development and Drug DiscoveryHow does GDPR limit the development of AI in Drug DiscoveryThe Human Genome and AIToday’s speaker is Marco Schmidt, CSO of Biotx.ai Marco had an exceptional academic career. He won the best PhD of the year award in Chemistry in his home country Germany and then went o...

NOW PLAYING

#91: Marco Schmidt - AI in Drug Discovery and Drug Development: What You Need to Know

0:00 2:12:15

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

No similar episodes found.

LIGHTS, CAMERA, SMILE! Creatives Club Media Lights, Camera, Smile, is a podcast for anyone with a dream to share something with the world, out of the overflow of themselves - be it their mind, their heart, their personalities, and much more. Each of us are alive in this moment in time, with an innate ability to have ideas and create various things to benefit both ourselves and the people around us for a reason, and here, you will find the encouragement, the inspiration, and the motivation to do just that. Hosted by Cicily, founder of Creatives Club, she dives into various topics surrounding creativity and business. Exploring entrepreneurship for creatives in a corporate reality, sharing tips and tricks in a media centered company, answering questions regarding what a creative actually is are just a few of the things discussed on this podcast. Be encouraged to create for yourself as Cicily gets vulnerable by pivoting the camera to herself for the first time.To submit questions for Cicily to answer, or have her address certain t Critical Conversations by Mind the Frontline Chris Smetana Welcome to ”Critical Conversations by Mind the Frontline,” your ultimate source for in-depth discussions on first responder mental health, wellness, and recovery.Our vodcast is dedicated to providing crucial insights for police, fire, EMS, allied health workers, dispatchers, air medical, military personnel, and their families.In each episode, we tackle essential topics, including mental health strategies, recovery methods, treatment options, the latest research, and professional development opportunities.Join us as we come together to foster resilience within the entire first responder community. Don’t miss out – subscribe now and be part of this vital mission.Find out more at www.mindthefrontline.org#CriticalConversations #MindTheFrontline #FirstResponderMentalHealth #WellnessJourney #CommunitySupport The Health Odyssey: Navigating Tomorrow's Medicine Podcast Welcome to 'The Health Odyssey: Navigating Tomorrow's Medicine,' where we embark on an adventurous journey through the ever-evolving world of healthcare. Each episode is like a treasure map, guiding you through the rich tapestry of ancient healing arts mixed with futuristic tech wizardry. We’ll chat about the wild west of health data privacy, the corporate giants reshaping our care, and the mind-bending potential of psychedelics for mental wellness. Think of us as your trusty sidekicks, unraveling the mysteries of modern medicine while keeping it real and relatable. Let’s dive into the stories, the science, and the soul of healthcare, paving the way for a healthier tomorrow. Digital Marketing Legend Leaks Srinidhi Ranganathan "Digital Marketing Legend Leaks" is the most popular Artificial Intelligence (AI) powered Digital Marketing Podcast on Spreaker Podcast Platform hosted by "Digital Marketing Legend" Srinidhi Ranganathan, the Human AI who is the CEO of Bookspotz.YouTube Channel - https://www.youtube.com/channel/UCXP3bY7BbMt1pXK0tPp8G4QAlso, visit https://www.bookspotz.com/ to read mind-blowing articles on AI Digital Marketing, Mind-Cloning, Immortality

Frequently Asked Questions

How long is this episode of Beginner's Mind?

This episode is 2 hours and 12 minutes long.

When was this Beginner's Mind episode published?

This episode was published on November 21, 2022.

What is this episode about?

What is the Role of Artificial Intelligence in Drug Development and Drug Discovery?⭐ In this episode, we talk about:Deep Mind’s AlphafoldInvesting in Life Science companiesThe State of AI in Drug Development and Drug DiscoveryHow does GDPR limit the...

Is there a transcript available for this episode?

Yes, a full transcript is available for this episode. You can read the complete transcript on the episode page.

Can I download this Beginner's Mind episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
URL copied to clipboard!