Empowered Patient Podcast
AI Platform for Predicting Clinical Trial Success Transforming the Financing of Drug Development with Tyrone Lam GATC Health
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:22:31
- More information
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Synopsis
Tyrone Lam, is Chief Business Development Officer at GATC Health, a company that has developed a predictive AI model to derisk and accelerate drug discovery and development. A significant partnership with Lloyd's of London to use this technology to underwrite insurance for clinical trials enables the insurer to base financing decisions on objective reports that predict a drug's safety and efficacy with high accuracy. There is potential for this technology to become a standard for biotech investment, reducing reliance on animal testing and enabling more efficient development of drugs for smaller patient populations. Tyrone explains, "GATC Health is a technology company that is de-risking and accelerating the drug discovery and drug development process. So at a higher level, our mission is to take as much of the financial and scientific risk out of the drug discovery business as possible, which would enable better, safer, and more available drugs to be available for humans." "Our overall platform is called