RE: Ahead of the AI release from Beta...18 Jul 2019 12:33
" Not only does AI expediate the time and lower costs for delivery of new products to the market, existing products can be enhanced and marketed in combination with existing treatments, nutraceuticals, cosmeceuticals or drugs on the back of efficient results for the input of data from skin care patients.
If you begin looking for trends, patterns and anomalies in big data, with existing knowledge of products that are already on the market, you can take trial and error out of the reformulation. By using AI to simulate contraindications on thousands of other molecules that already exist, you begin with what is known to improve on. In conjunction with a physical laboratory and human volunteers, the combination treatment solution can be confirmed with half the number of volunteers, at half the cost and in months, rather than years. That’s a saving of time and billions of dollars’ worth of trial and error investment.
AI can secure new patentable treatments with minor changes to existing products at a fraction of the cost and time. This opens the door for major savings and massive revenues, boosting existing drug and cosmetics companies’ profitability and increases ROI rapidly."