DECEMBER 2022LIFE SCIENCES REVIEW6Canada's life sciences ecosystem is complex. Across the health and wellness space, post-pandemic challenges are abound. Biotechnology, medical technology, and pharmaceutical organizations are driving innovation. But it's the right connections across the broader ecosystem that can unlock their full potential. Life sciences consulting with data-backed insights, deep industry experience, and a rich network of Canadian and global relationships across the public and private sectors can create all the difference. In terms of the types of consulting in highest demand, cybersecurity consultants--who were already busy before the pandemic--saw revenues rise 14.7 percent last year as clients sought to extend protections from their core systems to their new remote workforces.Consulting practices driven by artificial intelligence (AI) and machine learning (ML) are also exerting a transformative effect on the life sciences industry. Amid these trends, the global life sciences consulting services market is expected to reach $10 billion by 2025, at a CAGR of 10 percent.To put the spotlight on many other key developments in the space, Life Sciences Review illustrates how Canada life sciences consulting companies are leveraging the latest technologies. This edition also features thought leadership articles from Chris Braithwaite, SVP and Global Head of Drug Development Technology, Novartis, Eric Staib, Vice President, Compliance & Quality Management, Signant Health, and Paul R. Whitacre, PMP, Associate Director, Digital Excellence, Commercial Strategy & Operations, Astellas Pharma US, Inc, who shed light on cloud computing and machine learning in the pharma and life sciences segment, along with the significance of digital transformation in the industry.In this edition of Life Sciences Review, we also bring to you the story of some of the top life sciences consulting companies in Canada. In the list, Demberg Pharma Solutions stands out for ensuring the quality management system to support the efficient running of operations while remaining compliant with regulations. Equally commendable is SOLUT1ON, a company that provides leadership coaching or business consulting to help clients overcome obstacles by structuring a plan for their business and a curriculum to enhance executives' ability to lead pharmaceutical excellence. In the same leg, Nutraceutical Alliance is a global leader in the evidence-based design of nutraceutical supplements and scientific assessment of nutraceutical ingredients, health supplements, and foods for the benefit of humans and animals.Through the following pages, we aim to shine a light on the innovative trends and latest developments in the life sciences consulting segment. We would like to know your thoughts.EDITORIALPushing the Bounds of Life Sciences ConsultingCopyright © 2022 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Editorial StaffAaron PierceCarolynn WaltersShirley FaithRussell ThomasGilbert HooverAncel CastelinoDisclaimer: *Some of the Insights are based on our interviews with CIOs and CXOsJeremy WilliamsManaging Editoreditor@lifesciencesreview.comManaging EditorJeremy WilliamsDecember - 15 - 2022, Vol 03, Issue - 15 (ISSN 2831-8323) Published by ValleyMedia, Inc.To subscribe to Life Sciences ReviewVisit www.lifesciencesreview.com VisualizersRonald DonovanVictor Cruz Email:sales@lifesciencesreview.comeditor@lifesciencesreview.commarketing@lifesciencesreview.com
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