Digital Transformation Of The Pharmaceutical Industry

The pharmaceutical industry has evolved from a traditional ‘do-it-all’ into a classical vertical model, with selective partnerships and outsourcing on the rise. With the tides of digital disruption and blurring lines between organizations, a federated model is set to evolve over the next decade.

- Reenita Das And Amol Jadhav

The pharmaceutical industry is under tremendous pressure to reduce the R&D costs, address the unmet needs, conduct the transition from producing medicines to managing outcomes, and serving the emerging markets as well as the growing patient population more effectively. The adoption of digital technologies and business models can assist the industry in addressing these challenges and managing their top-line growth while improving bottom-line efficiency.

Nexus of Transition in the Pharmaceutical Industry