News on Medial

J&J Hired Thousands of Data Scientists. Will The Strategy Pay Off?

Livemint · 10m

Pharmaceutical and medical device company Johnson & Johnson is heavily investing in data science and artificial intelligence (AI) to enhance its work. The company has hired 6,000 data scientists and digital specialists, spending hundreds of millions of dollars on projects like using AI algorithms for diagnostics and virtual reality goggles for surgical training. Their ultimate goal is to use AI for drug discovery, and they have already used machine learning to design an experimental cancer drug. Johnson & Johnson's data-science workers are tightly integrated into the company's strategic decisions and have access to a vast database of anonymized patient data and clinical-trial results.