Facebook Pixel Data Will Help Find New Cures | Business Today - Business - Read this story on Magzter.com

Try GOLD - Free

Data Will Help Find New Cures

Business Today

|

August 23, 2020

MINING OF HUGE DATA WILL ENHANCE THE PROBABILITY OF FINDING NEW DRUGS, MAKING INDIA THE LABORATORY OF THE WORLD

- KIRAN MAZUMDAR SHAW, EXECUTIVE CHAIRPERSON, BIOCON

Data Will Help Find New Cures

The Covid-19 pandemic is shaking up well-established business models and dispelling long-held assumptions, holding out an opportunity to reshape and democratise healthcare around the planet.

The future will call for a new approach to prevention, screening, diagnosis, therapy, monitoring and management of diseases. We are likely to see convergence of translational research in biomedicine with disciplines such as public health, epidemiology, infectious disease modelling and data science. The multidisciplinary approach will demand a reimagining of biomedical innovation.

The availability of genetic information, together with other phenotypic as well as medical information, is helping identify new drug targets by linking particular genes and their products to individual diseases. In addition to genomic data, other data have also moved into the spotlight. Proteomics and metabolomics, as well as epigenetics and an integrated view of all of these disciplines, are gaining traction. Also, the impact of lifestyle choices is starting to be factored in.

On the other end of the spectrum, electronic health records and other patient-related information in registries and hospital administration databases are helping establish real-world evidence for effectiveness of a particular medicine.

Researchers today are relying on multiplexed data sets to make drug discovery and development more innovative, cheaper and faster.

Data Science For Affordable Innovation

Drug discovery is capital intensive, research-intensive and intellectual property-intensive with inherently long time lines.

MORE STORIES FROM Business Today

Business Today India

Business Today India

SMALL WONDER

For Karur Vysya Bank, growth stems from pairing its enviable legacy with an enthusiastic embrace of technology

time to read

3 mins

March 15, 2026

Business Today India

Business Today India

TALENT EDGE

For HDFC Bank, the focus is on ensuring that scale, technology and talent depth move in step

time to read

1 min

March 15, 2026

Business Today India

Business Today India

CLEAN GROWTH

How Bajaj Housing Finance became the third-largest housing finance player in India without compromising asset quality

time to read

2 mins

March 15, 2026

Business Today India

Business Today India

POWERING DECISIONS AT SCALE

From digital loans to health insurance claims, Perfios is building a global decision-making platform

time to read

3 mins

March 15, 2026

Business Today India

Business Today India

THE NEW-AGE BANK

Bank of India's strategic push into artificial intelligence as part of its broader transformation is beginning to pay off

time to read

3 mins

March 15, 2026

Business Today India

Business Today India

Management Advice

“LEADERS, MANAGERS MUST LEARN CONSTANTLY”

time to read

2 mins

March 15, 2026

Business Today India

Business Today India

MAKING AI WORK FOR BHARAT

At a recent event, TCS highlighted how tech can help women and the youth scale barriers

time to read

2 mins

March 15, 2026

Business Today India

Business Today India

STEADY RISE TO THE TOP

Jana Small Finance Bank moves from rank three in FY24 to rank one by focusing on customer engagement and technology-led delivery

time to read

3 mins

March 15, 2026

Business Today India

Business Today India

TRAINING FOR THE FUTURE

At DBS Bank India, the vision is clear: use AI to cut down on toil and improve productivity

time to read

1 mins

March 15, 2026

Business Today India

Business Today India

INDIA'S GLOBAL BANK

A conservative balance sheet, disciplined growth, and sharp execution have helped HSBC India stand out among foreign banks and bag two awards

time to read

4 mins

March 15, 2026

Translate

Share

-
+

Change font size