Where GenAI in late-stage clinical development can yield benefits
If all the above are addressed, GenAI and other forms of AI can yield significant benefits across the late-stage clinical development period. For one example, EY teams helped a large global biopharma cut the time needed to generate clinical study reports to 4–8 minutes from 2–8 weeks using a proprietary GenAI tool. In another case, we assisted a global pharma to put in place a solution that allows it to gather same-day data from more than 500 clinical trials, helping to reduce operating costs and speeding up and improving the efficiency of clinical trials.
There are numerous other uses for GenAI and other AI solutions. One key area is in enhancing the design of clinical trials. GenAI can analyze vast amounts of historical trial data to design more efficient and effective trials. This includes identifying optimal trial parameters, such as dosage levels and patient demographics. As a part of the overall design of the trial, GenAI can also improve the study’s feasibility and identification of participating trial sites. By predicting the success rates of different trial designs and selecting the ideal sites for conducting trials, GenAI can enhance trial feasibility and choice of sites.
Using GenAI during the trial
Once the trial is set, GenAI has demonstrated the ability to enhance patient recruitment programs. Some GenAI algorithms can identify and develop tailored outreach messages by analyzing patient data and predicting which individuals are most likely to benefit from trial participation, engage with the trial, and continue to adhere to the protocols. In fact, EY teams have worked with a large health academic center to develop a framework to, among other applications, use AI for patient matching, allowing the academic center to improve the recruitment process for clinical trials. In general, AI can allow organizations to run scenarios on patient populations as they design the trial and select inclusion and exclusion criteria, balancing patient recruitment, endpoints and success projections.
AI and other data-driven tools can also automate, and drive accelerated regulatory submissions and interactions with health authorities in different locations, shortening time to market.
For instance, a global biopharma company was experiencing extended and costly regulatory approvals. This was driven primarily by manual reporting and multiple audit and error correction notices by health authorities due to fast-changing solutions.
EY teams helped automate regulatory reporting through 550+ pre-created reporting templates and automating data extraction process to more quickly combine and analyze data “trapped” in disparate documents. The results included a 30% reduction in man-hours needed for regulatory reporting, a 20% improvement in the time needed and accuracy when interacting with regulators and a $30 million a year savings in regulatory filing costs.
Lastly, GenAI’s ability to interpret unstructured data can help companies explore opportunities for proactive label expansion for drugs with patent protection, opening potential new markets beyond the initial target of the treatment. Examples of relevant unstructured data include Real World Evidence (RWE), social listening, patient access information, and prescription (Rx) switching patterns. Utilizing these diverse data sources allows for a more comprehensive understanding of patient behaviors, preferences and outcomes, which can significantly enhance the decision-making process in late-stage clinical development.