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With the arrival of the fourth industrial revolution, the life sciences sector is also taking on the transformative journey that emerging technologies offer. Companies are also preparing themselves for the future by leveraging these technologies to build patient centricity, a cross-functional regulatory approach, data integrity, and the workforce of the future. Strategic alliances and new operating models are also contributing to growth in the sector. However, there exist a few uncertainties arising from pricing pressures, value-based contracting, geopolitical climate, and policy changes but companies are taking measures to withstand these challenges.
This report explores the major trends that are expected to impact life sciences companies in 2018 as they aim at improving their ecosystem, and suggests ways to meet the opportunities and challenges.
The report reviews the current state of the global life sciences economy and outlines strategies that will help life sciences companies withstand these uncertainties and thrive in the coming year. It also explores the major trends that will impact life sciences companies in 2018:
Embracing exponential changes in technology
Embracing geopolitical change
Building an adaptable organization for the future of work
Building a culture of courage to help counter uncertainty
Building data integrity, maximizing the value of data
Building patient trust and centricity
Building a smart, cross-functional regulatory approach
Growing through partnerships and new operating models
Any enquiry, please contact:
Yvonne Wu
Life Sciences and Healthcare Industry National Leader
Email: [email protected]
Jill Zhu
Life Sciences and Healthcare Industry Program Manager
Email: [email protected]
Emily Fan
Life Sciences and Healthcare Industry Senior Specialist
Email: [email protected]
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