Article
Life Science
Life Sciences companies continue to respond to a changing global landscape, and strive to pursue innovative solutions to address today's challenges. The DTTL network understands the complexity of these challenges, and works with clients worldwide to drive progress and bring discoveries to life.
2018 Global life sciences outlook
With the arrival of the fourth industrial revolution, the life sciences sector continues to embark on a transformative technology journey. Companies, today, are preparing for the future by embracing these technologies and building a patient-centric culture. Strategic alliances and new operating models are also contributing to overall growth in the sector. With growth, comes some uncertainties, arising from pricing pressures, value-based contracting, geopolitical climate, and policy changes. But, companies are taking measures to withstand these challenges. This 2018 outlook reviews the current state of the global life sciences economy and explores the trends impacting life sciences companies as they Embrace, Build and Grow for the future. It also outlines a few suggestions for the stakeholders to address these uncertainties and the strategies they need to adopt to thrive in the coming year.