Question: Please support me to write the comprehensive speech for this presentation Innovation strategy of Roche in the context of AI drug discovery How to approach

Please support me to write the comprehensive speech for this presentation
Innovation strategy of Roche in the context of AI drug discovery How to approach
1. Leverage Strengths & Opportunities to build a competitive advantage in AI-driven drug discovery:
Use available data and strengths as the basis to build internal AI Capabilities:
Roche can use its reputation and financial strength to build internal AI expertise by hiring AI specialists and interdisciplinary talents and providing training programs for existing employees. Vast historical data can be used for AI training.
Use experience and market position to foster and develop strategic Partnerships:
Collaborating with leading AI companies, academic institutions, and startups to access innovative technology and research.
2. Capabilities Roche should definitely internalize
Data management:
Roche should foster a robust data management system to ensure the quality and integrity of its data.
AI expertise:
Roche should build a team of AI and machine learning experts who can develop and implement AI models.
Project management:
Roche should have a team of project managers who can lead cultural change, oversee AI-driven drug discovery projects, and ensure meeting time and cost targets.
Measure Success:
Evaluate the success of AI initiatives using KPIs such as time-to-market for new drugs, cost savings, and improvements in drug efficacy and safety.
3. Steps Roche should take to build internal capabilities
Establish Clear Governance:
Develop a centralized AI governance structure to ensure alignment with business objectives and regulatory requirements.
Upgrade IT Infrastructure:
Modernize IT systems to support AI integration, ensuring data compatibility and processing power.
Develop Proprietary AI Models:
Create in-house AI models tailored to Roches specific needs and datasets, enhancing proprietary capabilities.
Foster & promote a Culture of Innovation:
Encourage a culture that embraces technological advancements and cross-functional collaboration. Establish a reputation for innovation and AI forerunner to attract new talents.
4. Capabilities Roche can likely be accessed via external partnerships
AI technology:
With other pharmaceutical companies and privacy-preserving systems providers (such as Inpher) to operate AI/ML algorithms on various commonly accessible data while maintaining privacy and confidentiality.
Clinical trials:
Roche can partner with clinical trial organizations to access patient data and conduct clinical trials.
Regulatory expertise:
Roche can partner with regulatory affairs consultants to navigate regulatory challenges in using AI to develop new drugs.

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