Cloudera makes bold bet on strategic acquisition of Verta’s Operational AI Platform Read the blog
Pharmaceutical organizations place high importance on the speed and quality of the drug discovery pipeline. It can take from six to 12 years and nearly $3 billion dollars to conduct all the steps necessary—from research and testing to clinical trials and regulatory approvals—to bring a new drug or vaccine to market. Once a new product goes to market, pharmaceutical companies have a small window of opportunity to recoup development costs before their patent expires. Adding to the challenge, the cost to produce drugs has remained static in recent years, leading to a considerable reduction in profitability.

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