In recent years, technology has revolutionized the pharmaceutical industry. From drug discovery to manufacturing and distribution, technology has transformed all aspects of the pharmaceutical market. The integration of technology into the pharmaceutical market has led to many benefits, including increased efficiency, improved cost-effectiveness and better patient outcomes.
"New technologies like big data and AI are revolutionizing the pharmaceutical industry. It is an end-to-end disruption that affects everything from how patients interact with the healthcare system to how they are treated. Because these changes are so radical and far-reaching, it's a big challenge for pharmaceutical companies to keep up.
Not only is innovation happening, but it's happening incredibly fast. With their heavy operational base and restrictive regulatory environment, big pharma is struggling to keep up. New, more nimble pharmaceutical companies are successfully encroaching on the established industry landscape and disrupting the competition.
New technologies with the potential to disrupt the market include 3D printing, which can be used to customize everything from drugs to prosthetics, and artificial intelligence, both of which are changing the way new drugs are developed.
The pharmaceutical industry must find ways to keep up with these changes and ensure that products can still be developed safely. This will require new approaches, and the industry landscape will likely change as technological competence becomes an increasingly important competitive factor."
Topics for keeping up with the changing market include pharmacovigilance, science fiction and relationship breakdown. You can read more about these approaches here
Casting: TOPPAN, Smart Pharma: How Technology is Disrupting the Pharmaceutical Industry, Smart Pharma: How Technology is Disrupting the Pharmaceutical Industry (toppandigital.com) |28-02-2023|