British insurer launches AI-powered clinical trial funding program

Clinical trials are frightening endeavors for biotech investors. Expensive and fraught with risk, a trial’s failure can seriously lighten an investor’s pockets with little hope of recourse. After gaining approval from global insurance marketplace Lloyd’s of London, a new partnership is set to use a machine learning algorithm to offer investors insurance on clinical trial funding.

The brain regions responsible for the placebo effect have been mapped in mice

When it comes to developing new pain drugs, the placebo effect is a powerful but baffling force. It’s well known that expectation alone can be enough to provide pain relief, even if the “treatment” is a sham with no real medical benefit. Though the relief provided by a placebo can be enough to make clinical trials for new pain medications fail, how our brains produce such strong pain relief through belief alone is largely a mystery.

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