Quantum computing is poised to revolutionize pharmaceutical research through its integration with artificial intelligence for drug discovery applications. This article examines how quantum computational approaches address fundamental limitations in traditional drug development pipelines, particularly in molecular modeling and simulation, where classical computing faces exponential scaling challenges. By leveraging quantum mechanical phenomena like superposition and entanglement, quantum algorithms such as the Variational Quantum Eigen solver and the Quantum Approximate Optimization Algorithm offer unprecedented accuracy for simulating protein-ligand interactions and predicting molecular behavior. Strategic industry partnerships between quantum technology companies and pharmaceutical giants are establishing frameworks to translate theoretical quantum advantages into practical applications. The synergistic relationship between AI's pattern recognition capabilities and quantum computing's physical simulation prowess creates a powerful paradigm for accelerating drug development while reducing costs. Applications extend to personalized medicine, where quantum approaches enable the analysis of complex genomic datasets to optimize treatments for individual genetic profiles. While technical challenges persist, the trajectory toward quantum-enhanced drug discovery is clear, with significant benefits anticipated as quantum hardware capabilities continue to advance.