CLOSE

Specials

I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

Skip to: Curated Story Group 1
lifesciencesreview
US
EUROPE
APAC
CANADA
  • US
    • US
    • EUROPE
    • APAC
    • CANADA
    • LATAM
  • Home
  • Contributors
  • News
  • Conferences
  • Newsletter
  • Whitepapers
  • Magazine
×
#

Life Science Review Weekly Brief

Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Life Science Review

Subscribe

loading

Thank you for Subscribing to Life Science Review Weekly Brief

  • Home
  • News

Recommended picks

Advantages of Using Monoclonal Antibodies

Advantages of Using Monoclonal...

A Brief Overview Of Green Biotechnology Tools And Applications

A Brief Overview Of Green...

Key Advantages of Agtech in Farming

Key Advantages of Agtech in Farming

Nanotechnologys Impact on Environment: What to Know

Nanotechnologys Impact on...

How Automation in Pharmaceutical is Giving a New Direction to Drug Development

How Automation in Pharmaceutical is...

Ways Health Economics and Outcomes Research can Improve Decision Making Process

Ways Health Economics and Outcomes...

Top Agtech Industry Trends to Keep an Eye on

Top Agtech Industry Trends to Keep an...

Strategies to Mitigate Life Sciences Supply Chain Challenges

Strategies to Mitigate Life Sciences...

Advantages of Using Monoclonal Antibodies

Advantages of Using Monoclonal...

A Brief Overview Of Green Biotechnology Tools And Applications

A Brief Overview Of Green...

Key Advantages of Agtech in Farming

Key Advantages of Agtech in Farming

Nanotechnologys Impact on Environment: What to Know

Nanotechnologys Impact on...

How Automation in Pharmaceutical is Giving a New Direction to Drug Development

How Automation in Pharmaceutical is...

Ways Health Economics and Outcomes Research can Improve Decision Making Process

Ways Health Economics and Outcomes...

Top Agtech Industry Trends to Keep an Eye on

Top Agtech Industry Trends to Keep an...

Strategies to Mitigate Life Sciences Supply Chain Challenges

Strategies to Mitigate Life Sciences...

Digital Transformation in Life Sciences: 3 Trends to Know

Life Sciences Review | Monday, November 02, 2020
Tweet

Top-performing life sciences companies cement the digital gap by adopting new technologies to efficiently deliver in-demand products and services.


FREMONT, CA: The life sciences sector has always been propelled by research and innovation, with breakthrough drug development, heavy investments to expedite drug launches and opportunities for medical innovations. Along with substantial investments in drug discovery and research and development, life sciences firms are also transforming in the technology areas, including data management, business intelligence, and analytical capabilities by adopting digital transformation. Here are some of the emerging digital trends in life sciences.


• Personalized Therapies


Today’s patients are more focused on taking an active part in their healthcare. With data on prevention and treatment options available via an internet search, patients educate themselves and demand care plans that will deliver the best results. Digital trends among life sciences companies include shifting from operations that mass-produce drugs to producing personalized therapies. Innovators in the life sciences industry are using data from individual patients to generate medications and treatments. Advancements in the immunotherapy space allow companies to produce medication designed to address their unique needs.


• Data Powering Ecosystems


Life sciences firms can only continue to produce medicines and therapies if they can operate efficiently and control costs. Digital trends in the life sciences space include building-related supply chain networks that allow collaboration and scheduling that aids companies meet the demands of their customers and patients need when they require them. Digital transformation will aid companies with new capabilities like direct shipments from suppliers to customers and patients and distribute through standard channels like wholesalers and full visibility into the inventory and supply chain.


• Efficient Quality Control


Digital transformation can provide life sciences companies to implement more efficient methods of quality control. Technology can control quantities, time, temperature, and other cold chain logistics supply chains vital to precision and consistency. Tech solutions can also help in documentation and adapt to regulatory compliance needs with agility. Digital trends in the life sciences space include taking measures to battle against counterfeit raw materials and medications. Digital transformation offers companies the ability to serialize drugs and devices with identification and track and trace materials to ensure they are authentic.


Weekly Brief

loading
Towards a New World Order
> <
  • Clinical Lab Equipment 2023

    Top Vendors

    Current Issue
  • Proteomics 2022

    Top Vendors

    Current Issue
  • Clinical Lab Equipment 2023

    Top Vendors

    Current Issue
  • Proteomics 2022

    Top Vendors

    Current Issue

Read Also

Qualities to Consider when Choosing Life Sciences Business Consultants for Your Firm

How Biotech Startups can Mitigate Risks in Order to Grow Sustainably

Cellf BIO's BioShincter to Undergo Phase 1 Trail to Test Fecal Incontinence Treatment

Fulcrum Therapeutics Announces CEO Transition

An Overview of Wholesalers' Roles in Complex Supply Chains

Veeva Opening Up Integration Module for Future Opportunities and Applications

Veeva Systems To Accelerate the CRM of Life Science Businesses

The Role of Technology in Advancing Clinical Trials

Loading...

Copyright © 2023 Life Sciences Review . All rights reserved. |  Subscribe |  About Us follow on linkedin

This content is copyright protected

However, if you would like to share the information in this article, you may use the link below:

https://www.lifesciencesreview.com/news/digital-transformation-in-life-sciences-3-trends-to-know--nwid-163.html