The Future of Pharmaceuticals: Insights from BullFrog AI's CEO
Jan. 31, 2024
Historically, only 12% of drugs that enter clinical trials make it to market. The average cost for a new drug is $2.6 billion, and it takes over eight years before a drug is ready to go to market. The top-15 pharma companies spent $100 billion on clinical research in 2018, and total R&D spending is expected to increase to $204 billion by 2024. Through its bfLEAP™ platform, BullFrog AI offers actionable insights at any stage of clinical development. With over 200 different algorithmic models, bfLEAP™ aims to identify high-value data and highly responsive patients for more efficient, successful clinical development of new therapeutics with the ultimate goal of ushering in a new era of precision medicine. Visit https://www.redchip.com/stocks/BFRG/ to learn more. https://bit.ly/3OucejW
