This story requires our BI Prime membership. To read the full article,Swiss drugmaker Novartis wants to become a data science company and use artificial intelligence to solve some of the industry's most intractable problems.
The partnership is still very young, but is strategically important to both companies: Novartis wants to prove itself as a tech company, and Microsoft is striving to establish itself as a good partner to healthcare companies.When Bertrand Bodson became digital officer of Novartis – one of the world's largest pharmaceutical companies – in 2018, he found the healthcare industry was rife with problems that could be helped by technology.
agreed that the Swiss drug maker would have learn to behave like a tech company. To solve its most intractable problems, he said, it would have to figure out how to apply artificial intelligence, data science, and other cutting-edge techniques."My sense is its non-negotiable," Bodson told Business Insider on the concept of digital transformation. "But we cannot do this alone.
Nadella in 2018 unveiled a new vision for Microsoft customers – something he calls "tech intensity" – which is the idea companies can get the most out of technology if they not only adopt the latest and greatest products and services, but build on top of them. Nadella has called healthcare AI's "most pressing" application.Bodson and Novartis sought out Microsoft, and met with Lee.
The other side of the partnership is research. The companies, Lee said, takes the "very best researchers from Microsoft Research" and integrates them with some of Novartis' top scientists to establish joint teams to work on "moonshot" projects including macular degeneration, cell and gene therapy, and drug design.
Microsoft also wants to be part of the second half of the equation, too. The company is investing in educational resources, including recently building at any technical level on how to get the most out of its Azure cloud-computing business.
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