Current and Future AI Applications in Medical Affairs

CHAPEL HILL, N.C., Nov. 19, 2021/PRNewswire/ -- Medical Affairs leaders are grappling with how best to leverage artificial intelligence (AI) technologies for maximum impact.

In this critical benchmarking study, Best Practices, LLC examines both current applications of AI within Medical Affairs today, and also innovative uses that will drive AI strategy over the next three years. Medical Affairs leaders can use the benchmarks and insights in this report to understand the current landscape, identify gaps and opportunities, and accelerate the adoption of AI within their organizations.

The study found that AI augments intelligence, saving time and allowing leadership to make better business decisions. As one pharma participant said: “We are centralizing all insights. We have one system where everything goes in. We have our advisory board summaries in that system too. All that stuff being entered for all the therapeutic areas and all throughout the world. In one system I see what's been the impact on the business on the day to day.”

"Current and Future Applications of Artificial Intelligence (AI) in Medical Affairs" is a new 40-page study that explores key AI strategy and operational components, including business opportunities for Medical Affairs, working with consultancies and/or software vendors, measuring success, navigating regulations, structuring, staffing, and innovative opportunities for Medical Affairs using artificial intelligence.

Key topics in the report include:

• Key topics covered in this report include:
• AI Opportunity in Medical
• Working with Consultancies and/or Software Vendors
• Evaluating Success
• Navigating the Regulatory Landscape
• Structure and Staffing
• Opportunities Ahead

Best Practices, LLC conducted 11 deep-diving interviews with 4 bio-pharma leaders, 4 software/AI firms, and 3 consulting agencies, supplemented by 2 consultancy published secondary sources.

To learn more about this report, download a complimentary report excerpt at https://www.best-in-class.com/rw143.htm.

ABOUT BEST PRACTICES, LLC

Best Practices, LLC is a leading benchmarking, consulting and advisory services firm serving biopharmaceutical and medical device companies worldwide. Best Practices, LLC's clients include all the top 10 and 48 of the top 50 global healthcare companies. The firm conducts primary research and consulting using its comprehensive proprietary benchmarking tools and analysis. The operational insights, findings and analysis form the basis for our Benchmarking Reports, databases and advisory services to support executives in commercial and R&D operations.