iot health

IoT Evolution Health News

IoT Evolution Health Home

Novartis and Microsoft Collaborate to Transform Medicine with AI

By Chrissie Cluney
November 12, 2019

According to a release form the company, Novartis has taken a step in reimagining medicine by founding the Novartis AI innovation lab with the assistance of Microsoft. The new lab reportedly will bolster Novartis AI capabilities from research through commercialization and help accelerate the discovery and development of transformative medicines for patients worldwide.

The two companies have promised a multi-year research and development effort to focus on bringing the power of AI to the desktop. The companies said they hope to take the first step of bringing together vast amounts of Novartis datasets with Microsoft’s advanced AI solutions. The lab will aim to create new AI models and applications that will augment Novartis’s associates’ capabilities to take on the next wave of challenges in medicine.

“As Novartis continues evolving into a focused medicines company powered by advanced therapy platforms and data science, alliances like this will help us deliver on our purpose to reimagine medicine to improve and extend lives,” said Vas Narasimhan, CEO, Novartis. “Pairing our deep knowledge of human biology and medicine with Microsoft’s leading expertise in AI could transform the way we discover and develop medicines for the world.”

The two companies said they will collaborate to develop and apply next-generation AI platforms and processes that support future programs across these two focus areas. The overall investment will include project funding, subject-matter experts, technology and tools.

 “Our strategic alliance will combine Novartis’ life sciences expertise with the power of Azure and Microsoft AI. Together, we aim to address some of the biggest challenges facing the life sciences industry today and bring AI capabilities to every Novartis employee so they can unlock new insights as they work to discover new medicines and reduce patient costs,” said Satya Nadella, CEO, Microsoft.


Chrissie Cluney has been a correspondent for IoT Evolution World since 2015. She holds a degree in English with a concentration in writing from the College of Saint Elizabeth.

Edited by Ken Briodagh
SHARE THIS ARTICLE
Related Articles

Asimily Studies the Internet of Medical Things: How Adopting a Holistic, Risk-Based Approach is Key for HDOs

By: Alex Passett    8/23/2023

Internet of Medical Things company Asimily published a new report studying the effects of cyberwarfare on the modern healthcare industry.

Read More

GlobalPlatform Leads the Way in Automotive Security

By: Greg Tavarez    5/28/2023

GlobalPlatform launched a comprehensive initiative to address automotive security challenges and foster collaboration within the industry.

Read More

Validic Expands Healthcare IoT Platform with Integration of Smart Meter's Cellular-Enabled Health Devices

By: Stefania Viscusi    4/5/2023

Validic, a digital health company, announced it has integrated with Smart Meter, a connected health solution supplier, to expand its healthcare IoT pl…

Read More

CenTrak Announces Workflow Software for Improved Healthcare Solutions

By: Alex Passett    1/19/2023

End-to-end healthcare solutions provider CenTrak has introduced Workflow, its new software designed to remove manual burdens in clinical settings.

Read More

The Internet of Cannabis: How Sensor-Based Networks and Precision Horticulture are Going Next Level

By: Reece Loftus    12/19/2022

With its Grow as a Service offering, PharmCloud's has created Cannabis Industry 4.0, with IoT sensors placed throughout the growth process to enable m…

Read More