AI and machine learning are poised to create a paradigm-shift in many areas of the healthcare sector. A recent Accenture report predicted that the AI/Machine Learning healthcare market could see an ELEVEN-FOLD INCREASE in value in less than a decade – growing from just $600 million in 2014 to $6.6 billion in the next three years, and creating $150 billion in annual savings for the US HEALTHCARE ECONOMY by 2026! It may not be overly ambitious to say that we are, in fact, on the brink of a revolution that will change every area of the healthcare and life science industries.
“Hiding within those mounds of data is knowledge that could change the life of a patient, or change the world.”
Atul Butte, M.D., Ph.D., Director, Institute for Computational Health Sciences, UCSF and Chair AI/Machine Learning Track, PMWC 2019 SV
The pharmaceutical industry is engaging AI to incorporate analytical solutions to accelerate drug discovery and development, the clinical sector looks to expedite diagnosis and treatments, the clinical trials sector hopes to better stratify patients based on their genetic make-up. With that, we see a shift towards prevention, personalization, and precision medicine. The PMWC 2019 Silicon Valley program traverses the various aspects of AI/Machine learning in healthcare which include:
- An overview and discussion of their successes and failures
- Applications in pre-clinical, drug design, discovery and prediction of drug development success
- Challenges of applying AI on biomedical data
- Ethical, privacy, and policy implications
- Infrastructure, platform, and large data demands of AI and machine learning
- FDA regulation of algorithms for decision support
- AI in precision imaging to assist clinical decision-making and outcomes predictions
- AI revolution in clinical trial design and patient selection
- NGS knowledge extraction applications
- Real-world evidence-based diagnostics and genomics-guided precision medicine
“We’re already seeing examples of progress, examples where an AI-enabled approach has brought novel, relevant insights into drug development – and I’m confident that we’ll see more and more of this as the technology teams robustify and add relevant drug development domain expertise.”
David A. Shaywitz, M.D., Ph.D., Senior Partner, Takeda Ventures, Inc. and “Big Data Revolution in Drug Development: Reality or Hype?” session chair
“Data-driven innovations are transforming every facet of our lives – most notably, healthcare and the life sciences. Big data and advanced analytics are powering the next great industrial revolution. The promise and potential are enormous: from novel medicines to better prediction of disease to selection of better interventions. Big data approaches have also been the subject of much hype and skepticism.”
Aris Baras, M.D. MBA, VP and Head, Regeneron Genetics Center
“Machine learning has demonstrated remarkable capabilities for solving hard problems, when given enough data; the synthesis of biology and technology has provided us with an array of amazing technologies to produce biological data at scale. Together, these open the door to a new paradigm for biological discovery and for tackling challenges in human health.”
Daphne Koller, PhD, Founder & CEO, Insitro
In the face of such rapid and ground-shaking changes, there will always be new challenges. When it comes to AI and Machine Learning, there are still legal, ethical and regulatory questions that remain unanswered.
“AI and machine learning show great potential to improve health and health care; however, the promise of AI won’t be achieved if we don’t attend to the ethical, legal and social implications at the front end and, continuously thereafter.”
Camille Nebeker, Ed.D, M.S., Director, Connected and Open Research Ethics, UCSD, School of Medicine
Looking forward to seeing many of you at the upcoming PMWC 2019 Silicon Valley conference on January 20-23 at the Santa Clara Convention Center, CA.
The PMWC team
The Precision Medicine World Conference (PMWC), in its 17th installment, will take place in the Santa Clara Convention Center (Silicon Valley) on January 21-24, 2020. The program will traverse innovative technologies, thriving initiatives, and clinical case studies that enable the translation of precision medicine into direct improvements in health care. Conference attendees will have an opportunity to learn first-hand about the latest developments and advancements in precision medicine and cutting-edge new strategies and solutions that are changing how patients are treated.
See 2019 Agenda highlights:
- Five tracks will showcase sessions on the latest advancements in precision medicine which include, but are not limited to:
- AI & Data Science Showcase
- Clinical & Research Tools Showcase
- Clinical Dx Showcase
- Creating Clinical Value with Liquid Biopsy ctDNA, etc.
- Digital Health/Health and Wellness
- Digital Phenotyping
- Diversity in Precision Medicine
- Drug Development (PPPs)
- Early Days of Life Sequencing
- Emerging Technologies in PM
- Emerging Therapeutic Showcase
- FDA Efforts to Accelerate PM
- Gene Editing
- Genomic Profiling Showcase
- Immunotherapy Sessions & Showcase
- Implementation into Health Care Delivery
- Large Scale Bio-data Resources to Support Drug Development (PPPs)
- Microbial Profiling Showcase
- Microbiome
- Neoantigens
- Next-Gen. Workforce of PM
- Non-Clinical Services Showcase
- Pharmacogenomics
- Point-of Care Dx Platform
- Precision Public Health
- Rare Disease Diagnosis
- Resilience
- Robust Clinical Decision Support Tools
- Wellness and Aging Showcase
See 2019 Agenda highlights:
- Five tracks will showcase sessions on the latest advancements in precision medicine which include, but are not limited to:
- AI & Data Science Showcase
- Clinical & Research Tools Showcase
- Clinical Dx Showcase
- Creating Clinical Value with Liquid Biopsy ctDNA, etc.
- Digital Health/Health and Wellness
- Digital Phenotyping
- Diversity in Precision Medicine
- Drug Development (PPPs)
- Early Days of Life Sequencing
- Emerging Technologies in PM
- Emerging Therapeutic Showcase
- FDA Efforts to Accelerate PM
- Gene Editing / CRISPR
- Genomic Profiling Showcase
- Immunotherapy Sessions & Showcase
- Implementation into Health Care Delivery
- Large Scale Bio-data Resources to Support Drug Development (PPPs)
- Microbial Profiling Showcase
- Microbiome
- Neoantigens
- Next-Gen. Workforce of PM
- Non-Clinical Services Showcase
- Pharmacogenomics
- Point-of Care Dx Platform
- Precision Public Health
- Rare Disease Diagnosis
- Resilience
- Robust Clinical Decision Support Tools
- Wellness and Aging Showcase
- A lineup of 450+ highly regarded speakers featuring pioneering researchers and authorities across the healthcare and biotechnology sectors
- Luminary and Pioneer Awards, honoring individuals who contributed, and continue to contribute, to the field of Precision Medicine
- 2000+ multidisciplinary attendees, from across the entire spectrum of healthcare, representing different types of companies, technologies, and medical centers with leadership roles in precision medicine