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Bayer CEO Anderson Tempers AI Expectations for Drug Development Speed
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Bayer CEO Anderson: AI Won't Cut Drug Development to 3 Years; Confident in 2027 Turnaround
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CNBC TV18
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13-03-2026, 07:15
Bayer CEO Anderson: AI Won't Cut Drug Development to 3 Years; Confident in 2027 Turnaround
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Bayer CEO Bill Anderson warns AI won't reduce drug development from 15 years to 3, citing long clinical trials.
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AI is used for molecular design, computational chemistry, and biology to improve early research success rates.
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Bayer is not entering the GLP-1 obesity drug market, focusing instead on climate-resilient agriculture and next-generation therapies.
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Anderson expects a visible turnaround by 2027, following a major corporate restructuring and management overhaul.
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Company's next big bets include direct-seeded rice for water reduction and a promising stem-cell therapy for Parkinson's disease.
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