On April 11, a lecture titled “Mathematics in Chemistry; How Artificial Intelligence Develops New Medications” was held, initiated by the Foundation for Armenian Science and Technology (FAST) and the Ayb Educational Foundation. During the lecture attended by the participants of the Tournament of Young Chemists and people interested in the scientific and technical sector, Mher Matevosyan and Vardan Harutyunyan, senior data specialists from Denovo Sciences, a technological company operating under FAST, presented the traditional mechanisms of drug development and the role of artificial intelligence in more time- and cost-efficient drug development.
When describing the traditional mechanisms of drug development, the speakers pinpointed the high cost and long duration of the discovery process of drug molecules and study of their therapeutic value. Within 1970-2010, the cost of drug development has increased 14 times, now comprising USD 2-3 billion. Though the entire drug development process takes up to 11 years, only 11% of the developed medicine gets approved by the relevant entities. The specialists explained how artificial intelligence reduces the cost and duration of the process. In particular, the Denovo Sciences team talked about their approach of using an algorithm that promptly finds and synthesizes new molecules for drug development instead of using the available databases. This way, the team has synthesized ten molecules so far, which they are going to test in laboratory conditions.
The lecture revealed the interdisciplinary links with chemistry and how combining chemistry with modern technologies can create new opportunities for the welfare of mankind.
Little time is left before the Tournament of Young Chemists. We hope such lectures help our participants to newly discover chemistry and the unlimited opportunities this branch of science avails.