Developing a drug costs $2.6 billion on average. Our project uses ML & predictive analytics to predict both whether a drug will make it through clinical trials and how long it will take. The first drug to market often does better than the next with an average of 12% more revenue per year.
We used data from ADIS and partnered with GlobalReach BI, experts in health industry market research.
If you want more information, please also visit this presentation.