Stock Markets May 28, 2026 07:33 AM

Smaller Biotechs Move Faster to Embrace AI Than Large Drugmakers, Tencent Healthcare Head Says

Alex Ng points to agility and resource constraints as drivers of rapid AI uptake among small biotech firms, while large pharma faces integration hurdles

By Nina Shah

Tencent Healthcare President Alex Ng said smaller biotechnology companies tend to adopt artificial intelligence tools faster than large pharmaceutical firms because they are leaner and must find more efficient ways to work. He cautioned that large organisations with complex workflows do not always succeed simply by adding AI. Industry forecasts predict machine learning could halve early-stage drug development timelines and costs within three to five years.

Smaller Biotechs Move Faster to Embrace AI Than Large Drugmakers, Tencent Healthcare Head Says

Key Points

  • Smaller biotech firms adopt AI tools faster due to leaner teams and a need for efficiency, affecting the biotech and R&D sectors.
  • Large pharmaceutical companies face integration challenges because complex organisational structures and fixed workflows can limit the immediate success of AI.
  • Industry forecasts suggest machine learning could halve early-stage drug development timelines and costs within three to five years, impacting pharmaceutical R&D and capital allocation.

HONG KONG - Tencent Healthcare's president, Alex Ng, said smaller biotechnology companies are quicker to adopt artificial intelligence tools than their larger pharmaceutical counterparts, as many firms look to AI to raise efficiency and cut costs in research and development.

Ng attributed the faster uptake among small biotechs to their organizational scale and operational pressures. "When you have less people, when you need to do more, you tend to figure out more efficient ways of doing things," he said. "AI is definitely something that they latch onto very quickly," Ng added.

His remarks underscore a pattern in which smaller teams, constrained by limited headcount and resources, pursue technological solutions to accelerate work and reduce manual burden. For those companies, AI-based modeling tools and automated laboratory processes can offer outsized productivity gains relative to their size.

By contrast, Ng noted that very large pharmaceutical companies - with elaborate organisations and specified workflows - can encounter barriers when trying to integrate AI. "For very big pharmaceutical companies, however, with elaborate organisation and specified workflows, just adding an AI will sometimes not be successful," he said. The implication is that scale and complexity can blunt the immediate benefits of drop-in AI tools unless processes and structures are adapted.

Industry forecasts cited in the discussion suggest that using machine learning to optimise target discovery, design molecules and streamline clinical trial planning could halve early-stage development timelines and costs within the next three to five years. That projection frames AI as a potentially transformative tool for research and development timelines, though it is presented as a forecast rather than a guaranteed outcome.

Ng also commented on shifting attitudes toward the technology. "I think the culture and the environment and the discussion has changed so much that I think a lot of people are a lot more positive," he said, reflecting greater openness across parts of the sector as AI capabilities improve.


Context and implications

  • Smaller biotechnology firms appear more nimble in deploying AI to boost productivity and compress R&D cycles.
  • Large pharmaceutical firms may need organisational change and workflow adaptation to realise benefits from AI deployment.
  • Industry forecasts point to substantial potential reductions in early-stage development time and cost over a three- to five-year horizon, contingent on successful implementation.

Risks

  • Adding AI without adapting established workflows in large pharmaceutical companies may not deliver expected gains - risk to enterprise-level pharma R&D efficiency.
  • Forecasted reductions in early-stage timelines and costs are projections, not guarantees - uncertainty for biotech and pharma investment assumptions.
  • Differing adoption speeds across company sizes could create uneven competitive dynamics in drug discovery and development - market and innovation risk in the healthcare sector.

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