Hyderabad, May 24 (NSS): The technology enables drug discovery faster, more efficiently and cheaper, said Deepak Sapra, CEO of Dr Reddy’s Laboratories while delivering an opening address at DXEM 2024–a day-long Summit on Navigating Digital Transformation in Engineering and Manufacturing initiated by Hyderabad-based Plural Technology, organised at HICC Madhapur on Friday to sensitise relevant industries on the importance of Digital Transformation in Engineering & Manufacturing sector. Over 100 industries of engineering and manufacturing sectors participated.
Deepak Sapra, a prominent leader from the pharmaceutical industry said, with so many new waves of technologies around such as AI and Machine Learning, the vast amounts of data both drug and molecular data, can be harnessed to build complex models automatically. This makes the drug discovery process far easier—and faster—to predict how drugs might behave in the body, allowing many early experiments.
MYCIN is a knowledge-based consultation program for infectious disease diagnosis. This consultation system is designed to assist physicians in the diagnosis of and therapy selection for patients with bacterial infections. In addition to that it gives an explanation system which can answer simple English questions to justify its advice or educate the user. It is believed to have done better than an actual doctor, he said.
Deepak said the animals used in clinical trials can be replaced by simulated modes. AI and technology can be optimised. This can save time by 25 to 30%. The regulators such as USFDA (The Food and Drug Administration (FDA); European Medicines Agency (EMA); Central Drugs Standard Control Organization (CDSCO) are now recognising the importance of technology in drug discovery. The pace of technology is much more and regulatory bodies need to catch up with the pace of technology, Deepak said. Every serious regulatory body in the world is making earnest attempt, he added.
Peter Bilello, CEO, and President, of CIM Data delivered a Keynote address on Digital Transformation and said digital enablement starts with end-to-end connectivity and ends with digital skills transformation. Sunil Savaram, Founder & CEO, of Plural Technology, the company specialized in Product Lifecycle Management (PLM) and Enterprise Software services said if you don’t go digital, you might be washed away by those who have gone digital. It is like a shape-up or ship-out. Automate and elevate your business. You will lose out on competitiveness if you remain in the brick-and-mortar model. Thrive, not vanish. Our mission is to help companies thrive and become more competitive.
The day-long summit saw a panel discussion moderated by Dr Ramgopal NC, Technology & Innovation Director, Spantech Engineers, ex-Program Director of Emirates ID and led large-scale digital transformation projects for the Government. The panellists of the same included Mr Sudhakar Rao, APAC Head, Ui Path; Dr Rajaram Iyer, VP, Lauras Labs; Mr Siva Kumar Rachakonda, President, Zetatek Group; Mr Dhanraj Tirumala, Founder & CEO, CGI Simulations Pvt Ltd. (NSS)
