Prognosis

An AI Firm Wants to Predict Costly Pharma Flops

  • Innoplexus works with fund, consultants on pipeline prophesies
  • Biogen’s Alzheimer tumble shows perils of drug-trial guesswork
Photographer: IPGGutenbergUKLtd/iStockphoto
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Before Biogen Inc.’s experimental Alzheimer’s disease drug failed in a trial last month, analysts surveyed by Bloomberg estimatedBloomberg Terminal annual sales of about $3.7 billion by 2023. A German artificial-intelligence firm had come to a different conclusion.