BenevolentAI SPAC Presentation Deck slide image

BenevolentAI SPAC Presentation Deck

Drug development is failing patients Expensive & high risk $160bn+ spent per year on drug R&D $2.6bn in average R&D and to market cost per drug OS- Overall Survival 96% overall failure rate in drug development The human body is an incredibly complex information system (made up of over 37 trillion cells) Long R&D cycles 10 years to market 9,000 diseases with no effective treatment The underlying mechanisms of complex multifactorial diseases are often misunderstood Poor efficacy & high societal cost Leading drugs effective on 30-50% of patients Approved cancer drugs have poor response rates, with only 7% showing an OS advantage Scientists can't possibly keep up with exponential growth of biomedical research and data (2,314 exabytes of healthcare data generated last year alone) Gaining a clear understanding of the underlying molecular mechanisms based on the totality of available biomedical data is a vital step in the development of successful and efficacious treatments Benevolent 8
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