“What we tried to do is, you know, using large language models and AI, we tried to really ground probability of success in an empiric data set, where we use Bayesian statistics.”
Brett Bostwick · Business Of Biotech · Investing In Tomorrow's CNS Breakthroughs With Breyer Capital's Bret Bostwick, M.D.
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12:28
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What was described
used large language models and Bayesian statistics to compute pre-test and post-test probability of biotech success instead of averaging KOL opinions
Said nearby on the same subject
“If you can get that information and you can turn that unstructured data into semi-structured data and connect it to the prediction, then you can use the storytelling power of the large language models”
“A U.S.-led sovereign wealth fund for preclinical and early stage biotechs ... I think it's an interesting idea, but ... the things that I described are probably more top of mind”