European Artificial Intelligence Act Comes into Force

In January 2024, the European Commission (EC) launched a package of measures to support European small and medium enterprises (SMEs) and start-ups in the development of trustworthy Al, and in May, the EC established an AI Office (2,3). The European Federation of Pharmaceutical Industries and Associa...

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Bibliographic Details
Published in:Pharmaceutical technology Europe 2024-09, Vol.36 (8), p.9-10
Main Author: Barton, Cheryl
Format: Article
Language:English
Subjects:
Artificial intelligence
Regulation
Small & medium sized enterprises-SME
Online Access:Get full text
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Summary:In January 2024, the European Commission (EC) launched a package of measures to support European small and medium enterprises (SMEs) and start-ups in the development of trustworthy Al, and in May, the EC established an AI Office (2,3). The European Federation of Pharmaceutical Industries and Associations (EFPIA) welcomes the AI Act and "believes in the potential of applying AI to deliver benefit for patients, life-science companies, and society" (7). During the coming months, rules will be phased in and European standards will be refined. [...]companies need to work closely with the AI Office and other relevant authorities to ensure the safe deployment of AI solutions that will be beneficial to society and drive future innovation in Europe.
ISSN:1753-7967