Episode 54: Can AI Transform Drug Development? With Dr Scott Chetham, CEO of Faro Health

It’s widely assumed that drug treatment is a miracle of modern science. However, it’s equally arguable that modern drug treatment is a very expensive disaster, with serious consequences for public health. For example, a drug typically takes 10-12 years to develop and the cost is as high as $2.5 billion. And yet despite that, 90% of drug candidates fail to gain approval. And, especially for chronic diseases, their overall benefit is often poor or even non-existent.

Can AI help?

With Dr Scott Chetham