Digital Transformation Takes Pharma Beyond the Pill

"Digital transformation in pharmaceuticals is leading to tectonic shifts in the way companies and stakeholders traditionally conduct business by introducing novel business and data monetization models and investment opportunities," said Neelotpal Goswami, Senior Industry Analyst with Frost & Sullivan's global Transformational Health group. "The move toward a value-based care model is driving the need for better drug adherence and efficacy, which in turn is driving the need to optimize performance."

"Digital transformation in pharmaceuticals is leading to tectonic shifts in the way companies and stakeholders traditionally conduct business by introducing novel business and data monetization models and investment opportunities," said Neelotpal Goswami, Senior Industry Analyst with Frost & Sullivan's global Transformational Health group. "The move toward a value-based care model is driving the need for better drug adherence and efficacy, which in turn is driving the need to optimize performance."

Frost & Sullivan's recent intelligence, Digital Transformation In Pharmaceuticals Industry, 2018, Companies-To-Action, provides a detailed analysis of the key digital enablers, such as artificial intelligence, big data, internet of things (IoT), and blockchain that are bringing digital continuity across smart R&D, flexible manufacturing, connected patients, and digital pharmacy. It also includes key market participants that are altering the status-quo by highlighting novel monetization models and strategic investment opportunities.

For further information on this analysis, please visit: http://frost.ly/2t1.

Disruptive innovations driving growth within the pharmaceuticals industry include:

"We expect digitalization to continue driving the evolution across the pharmaceutical value chain," said Goswami. "To avail themselves of the opportunities for growth, vendors will need to rely on strategic commercial engagements and R&D alliances, along with developing proprietary and patented technology as per patient needs."

Digital Transformation In Pharmaceuticals Industry, 2018, Companies-To-Action, is part of Frost & Sullivan's Transformational Health Growth Partnership Service program.

About Frost & Sullivan

For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Digital Transformation In Pharmaceuticals Industry, 2018, Companies-To-Action
MDE1-52

Contact:
Mariana Fernandez
Corporate Communications
P: +1 (210) 348.1012
E: Mariana.Fernandez@frost.com

http://ww2.frost.com