Drug Discovery and Design
Drug discovery identifies novel medicinal entities by combining computational, experimental, translational, and clinical models. The creative process of finding novel medications based on a biological target’s knowledge is known as drug design.
AI can aid in structure-based drug discovery by predicting the three-dimensional protein structure based on the target protein site’s chemical environment, thereby helping to predict a compound’s effect on the target and safety considerations before its synthesis or production.
The global market for drug discovery is expanding. The market is projected to reach a value of 71 billion US dollars by 2025. As of 2016, the market was only worth 35.2 billion United States dollars. Small molecule drug discovery has been the most crucial sector of the drug discovery market.