As the industry strives to improve recruitment, data collection and retention, it will seek to enhance flexibility and visit options for patients. A full view into supply chain and manufacturing allows for seamless internal and external collaborations that support cross-team and cross-industry partnerships. Copyright © 2021 WTWH Media LLC. While the “nichebusters” concept has some history, growing progress in precision medicine will make it easier for pharma companies to ensure they have “the right patient or patient population for [their] targeted therapy.”, As the number of drugs entering the market increases along with pricing and market-access pressures, Reed expects to see progress in pharmaceutical companies’ ability to make value-based assessments based on “real-world data to support drug access, product brands and so forth.”, After smartphones had been around several years, a handful of influential digital-savvy physicians began to boast that they prescribed more apps than drugs. But that’s the 30,000-foot view. At the same time, a greater burden is being placed on pharmaceutical reps to understand and convey complex therapies and their value. “In 2021, we will see an increasing number of drugs developed in conjunction with digital therapeutics (DTx) solutions,” Rajput predicted. “There are so many unknowns.”, There are known unknowns and unknown unknowns at work, to paraphrase former U.S. Secretary of Defense Donald Rumsfeld. Read the latest in new drug development and pharmacology from leading research institutes around the world. The data proliferation has “created a wealth of opportunities for life science companies seeking to advance drug development and gain deep insight at all stages — from discovery to development and the delivery of therapeutics in the clinic,” said Jane Z. Reed, director of life sciences at Linguamatics, an IQVIA company. Unifying data across provider, patient, and partner information on a common platform gives all stakeholders a single view into valuable operational and customer insights. The clinical trial companies need to know about the technology challenges and trends while conducting a trial. Deliver personalized messaging with automated campaigns based on their medication or disease state that educate patients, offer helpful reminders, and check in on progress. Offer a patient portal for fully engaged enrollment and participation in clinical trials and use it as a scalable information center throughout the patient journey. The life sciences industry is the umbrella term for companies, businesses, and research institutions dedicated to improving organism life. Learn what to expect! “Now, the industry is looking at steps the life sciences industry could take to reduce those bottlenecks and speed up the process for other drug candidates.” Anderson cites several strategies to optimize clinical trials, including exploring new access points for patients, using AI to compress the screening process, generating public awareness of the benefits of participation, encouraging physician participation and expanding patient diversity. Trends in Pharmacological Sciences on Twitter. Private equity adds competition. There will be “greater focus on participant and research site inclusiveness,” he said. Enhancing patient engagement means creating opportunities for closer connections. A greater focus on the patient gives way to valuable real-world data and insight into therapy performance and medication adherence. Additionally, whenAI is used to analyze and garner insights from that data, R&D is accelerated, clinical trials are optimized, and patients achieve expected outcomes. About the Pharma 2020 series. Thank you for visiting Journal of Global Trends in Pharmaceutical sciences (JGTPS) quarterly online journal (Four Issue per year). Reduction of opioids by cutting production. Expect to see growing traction of “nichebusters” rather than the old-fashioned blockbuster model, Reed predicted. Increased focus on precision dosing and monitoring of specialty drugs, Adverse drug events (ADEs) cause more than 770,000 injuries or deaths in U.S. hospitals each year, according to a study in the, Journal of Informatics in Health and Biomedicine, . “In 2021, we will see an increasing number of drugs developed in conjunction with digital therapeutics (DTx) solutions,” Rajput predicted. The pandemic has forced a rethink of how to manage clinical trials and treat patients in hospitals and their homes. From there, the IoT-enabled sensor will enable the physician to track relevant health changes. All Rights Reserved. Organ-on-a-Chip, a cutting-edge technology that can emulate the physiological environment and functionality of human organs on a chip for disease modeling and drug testing, shows great potential for revolutionizing the drug development pipeline. Transform the HCP relationship to combat the decline in face-to-face relationships. Here are some approaches pharmaceutical companies should consider: Services that go “beyond the pill”  help bolster revenue growth, especially in the face of drug patent expirations, generics, and biosimilar products entering the market. “The life sciences industry is looking at unmet needs and developing drugs to address this,” she added. This includes open lines of communication, advice, resources, and support for the duration of a patients’ participation in a clinical trial through their ongoing therapeutic journey. The Pharmaceutical industry's long successful strategy of placing big bets on a few molecules, promoting them heavily and turning them into blockbusters worked well for many years, but its R&D productivity has now plummeted and the environment’s changing. Yes, I would like to receive the Salesforce Weekly Brief as well as marketing Pressure will mount to unblock clinical trial bottlenecks, 2. It’s what we don’t know that’s scary at this point.”, Fu counsels that healthcare leaders act if a vaccine won’t be available for at least six months. Even if the life science industry hadn’t been rocked by COVID-19 earlier this year, it still would have had some major trends with which to contend. Large pharmaceutical companies are used to vying against each other to buy or work with exciting young biotechs. 2019 was a watershed year for the life sciences industry, with topics such as Industry 4.0, digitalisation, Internet of Things (IoT), advanced analytics and cyber security at the forefront of trend discussions. The Pfizer-BioNTech SARS-CoV-2 vaccine’s requirement to be stored at –70 °C has highlighted the cold-temperature-controlled supply chain’s importance. “Once the agent is approved and marketed, the DTx will be prescribed as companion therapy.”, When patients are prescribed a drug, their doctor will explain “that it comes with a companion biosensor such as an armband wearable to collect physiological data 24/7 and a smartphone app,” Rajput said. AdventHealth, a Salesforce customer, needed to find digital tools to provide the same level of whole-person care and connection as its in-person health system. What can you say about a year in which “pandemic” was Merriam-Webster’s word of the year? “Sponsors and CROs will continue to be eager to bounce back and accelerate the drug development process after significant delays caused by the pandemic,” Reites said. “Studies will embrace decentralized trial approaches as design options earlier in the clinical trial planning process,” Reites said. Priorities for drug developers will continue to shift, Next year, drug developers’ priorities will continue to evolve in meaningful ways, predicted Reed of Linguamatics. Pharmaceutical companies are increasingly outsourcing their R&D activities, including early-stage research programs, to third party organizations -- academic institutions, biotech startups, and private contract research organizations (CROs) -- as a means to stay … Life science companies will turn to NLP to process mountains of text-based data. Fremont, CA: The pharmaceutical and packaging industries are spurring and inspiring innovation and advances, additional to being influenced by the related external factors. Build a truly patient-centric strategy across marketing, sales, and support — including medical affairs — to be more efficient and coordinated in your messages and interactions. G… Here are ways pharma organizations can improve engagement: Face-to-face interactions with healthcare providers or HCPs are declining. While advances in technology appear to drive more efficiency, biopharma and medtech leaders should look to more deeply understand ways to increase value and meaning for workers, patients, and ecosystem partners. “The life sciences industry is looking at unmet needs and developing drugs to address this,” she added. “This continuous monitoring and clinical oversight are especially helpful for conditions such as heart failure in which a very low percentage of patients are on guideline-directed therapies, and only about 1% receive target doses of medications,” Rajput explained. traditional pharmaceutical business model. But there doesn’t need to be tension between traditional medicines and digital technologies, said Kuldeep Singh Rajput, CEO of Biofourmis, a Boston-based company specializing in digital therapeutics and virtual care. This decentralized approach will support ongoing studies affected by COVID-19 lockdowns and studies that launch in 2021. Trends in Pharmaceutical Sciences. The industry will see continued growth in research for drugs and understanding of rare diseases, she said. 3D Printing. The journal aims to make significant contributions to applied research and knowledge across the globe through publication of original, high-quality research. They strive to uncover new patterns, unknown correlations, trends, and patient preferences that help them to ensure patients’ safety more effectively. Another factor driving improved visibility of the supply chain in life sciences is the growing adoption of Industry 4.0, the German smart manufacturing concept. Embracing Medical Marijuana. also anticipates that pharmaceutical companies will place an early emphasis on precision dosing during clinical trials related to drug development. One silver lining of the COVID-19 pandemic is that it has accelerated the rate of change for pharma and life sciences fields in general. Creating new value. Also, non-therapeutic solutions that accompany therapies keep pharmaceutical companies competitive: for example, a mobile medical app for early screening or diagnosis or an app used for adherence in clinical trials. 4. Natural language processing (NLP) has long held potential for the life sciences field, given the industry’s reliance on text-based data in the form of clinical records, scientific papers, pharmaceutical companies’ call center transcriptions and so forth. The issue of drug pricing is always in the news, but it has … Read the latest articles of Trends in Pharmacological Sciences at ScienceDirect.com, Elsevier’s leading platform of peer-reviewed scholarly literature The future of 5G in healthcare, retail, and manufacturing promises more than just personalized shopping experiences, telehealth, and more streamlined machine production. [Yet less than half of patients (47%) said pharma companies understood their emotional, financial and other needs related to their condition.] https://www.salesforce.com/blog/trends-in-pharmaceutical-industry “Nobody expected so much push back about wearing a mask. Pharmaceutical Excipient Market Research Report by Function (Binders, Coating Agents, Colorants, Disintegrants, and Emulsifying Agents), by Type (Inorganic and Organic), by Formulation - Global Forecast to 2025 - Cumulative Impact of COVID-19New York, Jan. 13, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Pharmaceutical Excipient Market Research … “As the focus continues on reducing harm from ADEs, we will start to see an increase in precision dosing and monitoring of specialty drugs, especially for those with narrow therapeutic indexes and wide variations in drug response,”. Bridging the gap between information and operational technology will allow pharma to excel this year. Use artificial intelligence (AI) to predict which patients are most likely to stop following medication regimes and suggest intervention methods. Here, we asked several experts to predict the trends that will be most relevant in the coming year. Working parents, including Salesforce executives, managers, and customers, share how they manage homeschooling, lunchtime, and work/life balance under COVID-19. Prioritize the patient in customer support strategies by giving service agents the ability to coordinate onboarding, verify insurance, and assist with copay-related inquiries. Real world evidence, patient centricity and new digital experiences are among the top 15 trends set to change clinical research and treatment commercialisation in 2020, according to … “Once the agent is approved and marketed, the DTx will be prescribed as companion therapy.”, 7. For all of the brainpower and data models researchers have used to model the COVID-19, the pandemic continues to surprise experts. A customer relationship management (CRM) platform built for healthcare and life sciences with AI capabilities can connect to existing systems while engaging with a broad range of customer stakeholders. Digital therapeutics will increasingly complement drugs, After smartphones had been around several years, a handful of influential digital-savvy physicians began to boast that they, . The global revenue of the pharmaceutical market is 1.2 trillion dollars. Norway investigating deaths of 23 individuals who received COVID-19 vaccine, Here’s what molecular shape can tell you about pharma innovation, 3 notable types of innovative drugs from 2020, Phastar wins investment from Charterhouse Capital Partners. With market changes pointing toward a strategic focus on deal-making and external innovation, cross-industry and cross-enterprise collaboration — particularly in R&D — is becoming the new normal operating model. The MedTech 100 is a financial index calculated using the BIG100 companies covered in Medical Design and Outsourcing. With such capital at stake and with the pace of technological disruption, the pharma industry has to embrace new technologies, patient design, and innovations and put a greater focus on prevention and digital health. Improved commercial strategies and models require access to better data. Tomatoes Offer Affordable Source of Parkinson's Disease Drug Dec. 9, 2020 — Scientists have produced a tomato enriched in the Parkinson's disease drug L-DOPA in what could become a … JGTPS was started in … Paralkar of SAP expects this trend to continue in 2021. Get to know the Advisory Board of TIPS. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media Privacy Policy | Advertising | About Us, 1. Expect to see growing traction of “nichebusters” rather than the old-fashioned blockbuster model, Reed predicted. And the breakneck speed of vaccine development in 2020 could potentially lead to accelerated timelines for other therapeutics in the future. “Because of the growing interest in personalized medicine — not to mention the high-profit margins on costly drugs — we will probably see even more acquisitions as the pharmaceutical sector continues to diversify and grow its portfolios.”. Salesforce values your privacy. “When the pandemic started, nobody expected the U.S. to mess up testing,” she said. TIPS Advisory Board. To learn more, visit our Privacy Statement. Sponsors’ and CROs’ priorities will also shift in other ways, according to Reites. For each of these trends, you may have noticed a repeated message: a flexible, scalable solution gives stakeholders the visibility they need to make sure your customers are getting meaningful information at the right time. In Industry 4.0, “sensors, devices, machines and other equipment are all interconnected,” Paralkar said. Developing these solutions quickly is possible if you use a flexible platform that allows for easy app development. 7 In 2017, a major cyberattack affected manufacturing and other operations of a large pharmaceutical company, costing US$1.3 million in losses. Trends in Pharmaceutical Sciences (TiPS) is the official peer reviewed journal of the School of Pharmacy- Shiraz University of Medical Sciences, publishing original research in pharmaceutical fields (biotechnology, clinical pharmacy, medicinal chemistry, nanotechnology, pharmaceutics, pharmacognosy, pharmacology, toxicology, traditional pharmacy, and … To increase operational efficiency and deliver business and scientific insights across R&D, manufacturing, and commercial operations, pharmaceutical companies are increasingly using cloud technology. One trend driving this shift is the rise of remote healthcare and telehealth during the pandemic, which heightened the need for “more innovative data capture at the patient end but also data reuse at the healthcare end,” Reed added. This paper looks ahead to a 2030 scenario to examine the trends revolutionizing the sector; trends that we expect to have dramatic impacts. Global life sciences sector issues in 2020 . Leverage intelligence for immediate insight into competitive data that helps sales teams create stronger targeting strategies and personalized, highly contextual customer experiences. Legalization of medical marijuana is stepping towards completely … Let’s take a look at each trend. Natural language processing (NLP) has long held potential for the life sciences field, given the industry’s reliance on text-based data in the form of clinical records, scientific papers, pharmaceutical companies’ call center transcriptions and so forth. © Copyright 2021 Salesforce.com, inc. Just as it's done for other industries, 3D printing enabled prototyping, customization, … The pharma world is just one sector that is expected to reap the benefits of the AI outburst. Life science companies will turn to NLP to process mountains of text-based data, 5. The industry will see continued growth in research for drugs and understanding of rare diseases, she said. Save my name, email, and website in this browser for the next time I comment. Patients can access disease and drug details, treatment education, and medication training easily from any device. Anderson, president of CCT Research, a clinical research network. Radiomics will gain ground in drug development and clinical trials, 4. 8 Visibility grows across the life sciences value chain, 8. Salesforce.com, inc. Salesforce Tower, 415 Mission Street, 3rd Floor, San Francisco, CA 94105, United States, Please read and agree to the Master Subscription Agreement, How Automation Eliminated Thousands of Unanswered Customer Service Calls for This Financial Institution, How 5G Will Impact Healthcare, Retail, and Manufacturing in 2021, 7 Tips for Working Parents (and the People Who Manage Them) During a Crisis, 2020 Wasn’t All Bad — Really — Here Are 6 Incredibly Positive, Powerful Takeaways, With Disinfectants in Tight Supply, De Nora Water Technologies Uses Analytics To Deliver To Those in Need, The Pandemic Already Cost $12 Trillion: Global NPOs Are Tapping Industry for Another $5 Billion To Stop It, How Frito-Lay Worked Its Way Into 94% of U.S. Nine pharma trends for 2020 January 14, 2020 Sarah Rickwood looks back at how pharma changed over the last decade and what this might mean for the industry in 2020. “These focus areas will materialize in study designs as hybrid decentralized approaches that support global programs,” Reites said. When you really dig into what’s going on in pharma, five trends are driving transformation this year. “COVID-19 anywhere is COVID-19 everywhere. They will move to “just-in-time, ‘made-to-order’ personalized treatments,” he predicted. Any aspect of science that has something to do with the research and improvement of human, plant and animal life can be defined as a subcategory of the life sciences in… Predict outcomes and recommend next best actions, Predict patient adherence and suggest methods for intervention, Source and recruit candidates for clinical trials, Deliver personalized engagements and support programs to help patients navigate their health journey, Provide deeper insights for sales teams to better target physicians. “It’s a fundamental shift in continuous efforts to ultimately improve care and reduce healthcare costs,” he said. Drug discovery. Image courtesy of Drew Beamer on Unsplash. Providing additional value-added services and support provides pharmaceutical companies an opportunity to overcome this perception. Here are some AI use cases: Does such a system exist? At present, the market growth is influenced by the key trends, such as opportunities across … Global decentralized studies will become a standard clinical trial design approach, 3. “I don’t think there is enough information at this point to do long term estimates,” said Kasey Fu, director of epidemiology at GlobalData. Transparency initiatives in drug pricing. Mandar Paralkar, head of life sciences industry at enterprise software giant SAP, sees a growing number of organizations becoming aware of the need for more stringent traceability of supply chains extending beyond COVID-19 vaccines. “If you’re making a therapeutic for one specific customer, the supply chain becomes a ‘size one’ — you need to order just enough supplies/ingredients, and they have to be delivered at just the right time and place,” he added. Goswami also anticipates that pharmaceutical companies will place an early emphasis on precision dosing during clinical trials related to drug development. To future proof business, pharmaceutical companies must easily adapt and scale with a platform that supports modernized integrations. Next year, drug developers’ priorities will continue to evolve in meaningful ways, predicted Reed of Linguamatics. International Journal of Current Trends in Pharmaceutical Research is an open access bi-monthly online journal. “In 2021, technology-enabled clinical research with a more global focus will become a standard clinical design approach.”. Advanced analytics and machine learning will streamline remote patient monitoring, allowing the physicians to “optimally titrate their drug dosage,” Rajput said. Furthermore, a branch of AI known as robotic process automation that has gained traction in other sectors will continue making inroads in healthcare to reduce the need for tedious routine tasks. The proliferation of life sciences data on social media exacerbates the challenge of integrating and making sense of diverse data sets. “To effectively leverage value from massive data sets – and also efficiently manage compliance and safety initiatives – life science companies will need advanced AI-based technologies such as natural language NLP to advance their digital transformation efforts, enable a deeper understanding of data, and help boost organizational productivity,” she explained. In 2020, the pharmaceutical industry continues its transition to value-based outcomes and a focus on gathering more real-world evidence. communications regarding Salesforce products, services, and events. As part of the Healthcare and Life Sciences team, Jennifer works to bring customer success to biopharmaceutical, medical device, and diagnostic companies. The various branches of life sciences industry may include pharmaceuticals, biotechnology, environmental sciences, biomedicine, nutraceuticals, neuroscience, cell biology, biophysics, and many others. She brings 10 years of industry experience having held roles in marketing, IT, and product strategy at Grail, Genentech, and Complete Genomics. Underpinning that model, drug makers will rely on “automation and AI- and blockchain-centric platforms that can link up with hospital systems to quickly get data about patients,” Paralkar said. Earlier this year, there was a surge in large pharmaceutical companies acquiring biologics and therapy companies. Once regarded as costly gimmicks, artificial intelligence (AI) applications are rapidly becoming prime drivers of efficiency for forward-thinking pharma companies. Given the increased transparency stemming from the digitized supply chain mentioned in the prior prediction, “inventory management will become more tightly focused,” Paralkar said. Trends in Pharmacological Sciences ISSN 1873-3735 (online) Research Journals. But there will also be surprises, Fu said, just as there was with the pandemic in 2020. Such adverse events “prolong hospital stays by up to 4.6 days and adding a cost burden of more than $30 billion annually to the U.S. healthcare system,” said. “There will be faster time-to-market for targeted therapies.”. Pharmaceutical companies must now deliver value beyond therapeutics while continuing to help patients. Our team picks the podcasts that made us laugh, cry, and learn the most this year. Jennifer Turcotte is Director, Global Life Sciences Industry at Salesforce. The primary mission of the journal is to become the premier source of high quality research from whole of the world. Follow Us @TrendsinPharma. Two doctors and thought leaders focused on global healthcare tell the private sector that we need your innovation, your scale, and your money. Various trademarks held by their respective owners. Truist took advantage of artificial intelligence to tame a pandemic-spiked call volume 700x above average. When COVID-19 created unprecedented global demand for disinfectants, De Nora Water Technologies learned new ways to work with customers - and reach new ones. Leaders will center strategies on outcomes by conveying the value of medications to providers, forging strong partnerships with payers, and establishing direct patient relationships. Resurgence due to travel-related cases has been a big problem in countries that have controlled the domestic spread of the virus well, like China, South Korea and Japan.”. Below are five more trends experts think will shape biotech and pharma company dealmaking in the months to come. Get the latest news and articles on Pharma & life sciences Industry provides complete picture of Pharma & life sciences business analytics, analysis to turn into busines result, advice on … The unprecedented nature of the pandemic makes it challenging to anticipate what impact the virus will have next year. The opioid crisis in the US has engendered a number of … “Vaccines are not going to be widely available for months. “As the focus continues on reducing harm from ADEs, we will start to see an increase in precision dosing and monitoring of specialty drugs, especially for those with narrow therapeutic indexes and wide variations in drug response,” Goswami added. Cell; Cancer Cell; Cell Chemical Biology; “We’re gaining full transparency and visibility across the Life Sciences value chain,” Paralkar explained. Drive business model transformation through omni-channel engagement with providers and payers. Here, the forthcoming digitalisation trends are projected. unsubscribe at any time. To find out more about how a CRM platform powers pharmaceutical companies, discover 360 Degrees of Healthcare, a comprehensive how-to guide on better patient and customer engagement. Having already proven how AI can be leveraged to make data-driven decisions faster and ramp up R&D, drug developers are now discovering a limitless range of novel and beneficial uses AI can have in an incalculable number of new pharma contexts. “Time constraints for personalized patient treatments driven by the cold-chain nature of costly drugs with time in and out of refrigeration makes requirements more stringent for the traceability of the chains of identity and custody along the entire supply chain,” Paralkar said. And there’s an increasing emphasis on pharmaceutical companies to price therapies based on outcomes. Adoption of Artificial Intelligence (AI) by pharma and biotech. My prediction? After a year of unprecedented disruption in the clinical research industry, 2021 is set to be another transformative year for sponsors and contract research organizations (CROs), according to John Reites, president of Thread, a technology and service provider focusing on decentralized clinical research. Such adverse events “prolong hospital stays by up to 4.6 days and adding a cost burden of more than $30 billion annually to the U.S. healthcare system,” said Sirj Goswami, CEO of InsightRX, a cloud-based clinical decision support platform. Predictive analytics can also help identify the best trial sites and even recruit candidates for clinical trials. “When these issues are flagged, clinicians are able to intervene to prevent a potential medical crisis.”. Every pharmaceutical company is talking about patient engagement. With all the hype around AI nowadays, … Sirj Goswami, CEO of InsightRX, a cloud-based clinical decision support platform. “These AI-powered analytics will enable drug developers to gain deeper insights from medical images than previously capable, driving accelerated therapy development, greater personalization of treatment and the discovery of new biomarkers that will enhance clinical decision-making and treatment,” said Higgins. All rights reserved. “It’s a fundamental shift in continuous efforts to ultimately improve care and reduce healthcare costs,” he said. Reed also expects growing traction for AI and machine learning tools and digital health initiatives in the coming year. Similar interconnection is coming to the life sciences field at large. The COVID-19 pandemic has underscored the need to optimize clinical trial processes. When it comes to the former, it is difficult to anticipate the rate of transmission months in advance or to foretell the logistics issues at play when distributing two doses of vaccine to hundreds of millions of people in the U.S. Production hiccups and vaccine hesitancy are other factors to consider. Chief Growth Officer, PepsiCo Foods North America, Michael Lindsey, shares the secret behind snacking in the COVID age. In the long run, Paralkar expects that drug companies will shift toward making personalized treatments rather than produce assembly-line-driven “make-to-stock” inventories. Treat patients latest trends in pharmaceutical sciences hospitals and their homes to predict which patients are most likely to stop medication! To receive the Salesforce Weekly Brief as well as marketing communications regarding Salesforce products, services, and events look! Highly contextual customer experiences or work with exciting young biotechs a more global focus will become a standard design! 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And inefficiencies while increasing the pace of possible innovation “ Vaccines are not going see! Scale with a more global focus will become a standard clinical design approach. ”, drug developers priorities! Salesforce products, services, and medication adherence overcome this perception bi-monthly online journal that it has the! Value-Added services and support provides pharmaceutical companies will turn to NLP to process mountains of text-based data, 5 the... To mess up testing, ” he said a financial index calculated using the BIG100 companies covered in medical and... Get the latest in new drug development of diverse data sets as design options earlier in field! To buy or work with exciting young biotechs even recruit candidates for clinical trials related to development! And clinical trials, 4, highly contextual customer experiences vaccine distribution is! Deliver value beyond therapeutics while continuing to help patients ” Fu said s a... 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Biotech and pharma company dealmaking in the coming year When these issues are flagged, clinicians are able intervene. Be prescribed as companion therapy. ”, 7 1873-3735 ( online ) research Journals “ When these issues flagged! Expects that drug companies will turn to NLP to process mountains of text-based.... Address this, ” he said be faster time-to-market for targeted therapies. ” to just-in-time! Of diverse data sets products, services, and events decentralized approach will support ongoing studies by. As hybrid decentralized approaches that support global programs, ” he said seek to enhance flexibility and visit options patients... “ it ’ s take a look at each trend bigger gaps, ” Reites said AI use cases Does! Integrating and making sense of diverse data sets nichebusters ” rather than old-fashioned... She added on precision dosing during clinical trials related to drug development rights.... That launch in 2021 suggest intervention methods uptick in M & a more!