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  Published Paper Details:

  Paper Title

The Future of pharmacy: How AI is Revolutionizing the Industry

  Authors

  CHAITANYA MADAN MORE,  Prashant S. Nalinde,  Swati Deshmukh,  Dhanshree P. Rathod,  Aniket S. Murade

  Keywords

Artificial Intelligence, AI, Machine learning, Deep learning, Neural networks, Pharmaceutical Sciences, Pharma Industry, Startups, Drug discovery.

  Abstract


The application of Artificial Intelligence (AI) is rapidly transforming various industries, and the pharmaceutical industry is no exception. AI is increasingly being used to automate, optimize and personalize various aspects of the pharmacy industry, from drug discovery to drug dispensing. In this context, this paper explores the potential of AI to revolutionize the pharmacy industry, by discussing the current and future applications of AI in the industry. We will examine how AI is being used in drug discovery, personalized medicine, drug safety and quality control, inventory management, and patient counselling. We will also discuss the challenges and limitations of AI in the pharmacy industry, such as data privacy, ethical concerns and regulatory barriers. The paper will argue that AI has the potential to revolutionize the pharmacy industry by enabling faster drug discovery, improving patient outcomes, reducing costs, and increasing the efficiency and accuracy of various pharmacy operations. The old pharmacy system relied on manual processes and human decision-making, while the new AI pharmacy system automates routine tasks, provides personalized treatment plans, and reduces costs while improving patient outcomes. However, it is important to ensure that AI is used ethically and responsibly, and that its impact on the workforce and society is carefully considered. The major benefit of integrating AI into specific applications within the pharmacy field is improved accuracy and efficiency in patient care. Overall, this paper will provide an insight into the future of the pharmacy industry, and the transformative potential of AI in this field.

  IJCRT's Publication Details

  Unique Identification Number - IJCRT2310464

  Paper ID - 245360

  Page Number(s) - e123-e135

  Pubished in - Volume 11 | Issue 10 | October 2023

  DOI (Digital Object Identifier) -   

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  CHAITANYA MADAN MORE,  Prashant S. Nalinde,  Swati Deshmukh,  Dhanshree P. Rathod,  Aniket S. Murade,   "The Future of pharmacy: How AI is Revolutionizing the Industry", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.11, Issue 10, pp.e123-e135, October 2023, Available at :http://www.ijcrt.org/papers/IJCRT2310464.pdf

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ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
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