The FDA’s take on artificial intelligence in drug development

29 May 2025

By Dr Nicola Davies

Artificial Intelligence (AI) has rapidly evolved from a promising technology to a core enabler of innovation in the pharmaceutical industry. Today, AI is estimated to generate between $350 billion and $410 billion in annual value for pharmaceutical companies.

The market is projected to grow by 42.68% (equivalent to roughly $15 billion) between 2024 and 2029. Significantly, AI is helping reduce the drug discovery timeline from five or six years to just one year.¹

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