Each new drug requires over 15 years and $2 billion to evolve from the earliest stages of research to ultimate approval for use in patients. New tools — including AI models for drug discovery, bioprinting of organoids, and organs-on-a-chip promise to reduce the cost and timeline, although they have not yet been integrated into the regulatory pathway for medical products. The FDA Modernization Act of 2022 opened the door to the use of cutting-edge platforms in clinical and nonclinical development, providing a generational opportunity for innovators and ecosystem builders alike. Join panelists as they discuss the patient impact and the economic development opportunities made possible thanks to FDA Modernization.
A reception and networking will follow.