Article
2018 Global Life Sciences Outlook
Innovating Life Sciences in the Fourth Industrial Revolution: Embrace, Build, Grow
The fourth industrial revolution is here and the life sciences sector is also beginning to take on the transformative journey that emerging technologies are offering. Companies, today, are leveraging these technologies to build patient centricity, cross-functional regulatory approach, data integrity, and the future workforce. There are a few uncertainties too, which arise from pricing pressures, 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 science companies as they aim to improve patient centricity. It also discusses the strategies companies should adopt to thrive in the coming year.