Machine Learning X Drug Discovery : The Nexus of Computational Biology
On average it takes 10–20 years to develop a drug and costs 0.5 to 2.6 billion dollars 🤯. Drugs that do pass the pre-clinical trials phase have a success rate in clinical trials of only 6.2%. That is the worst part. Companies and institutions invest all this time and capital into a drug only for it to fail in phase III trials.