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in 2029 , with a compound annual growth rate of 27.9%. In 2024 , the top 20 pharmaceuticalcompanies have already announced that they are actively researching uses for AI in R&D. In life sciences, chatbots and virtual assistants can be used by pharmaceuticalcompanies to improve communication with patients.
With the adoption of digital technologies gaining traction in many industries, pharmaceuticalcompanies must take advantage of digitalisation within its research and development (R&D) sector. This approach facilitates a comprehensive understanding of medical information and enhances the management of patientcare.
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