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latest trends in pharmaceutical sciences

Recent Trends in Pharmaceutical Sciences and Research The journal includes original research papers, critical reviews and rapid communications on the latest developments in the domain of pharmacological sciences and aims to disseminate the knowledge in the following areas Pharmacology, Pharmacokinetics Yes, I would like to receive the Salesforce Weekly Brief as well as marketing Follow Us @TrendsinPharma. There will be “greater focus on participant and research site inclusiveness,” he said. Prioritize the patient in customer support strategies by giving service agents the ability to coordinate onboarding, verify insurance, and assist with copay-related inquiries. The industry will see continued growth in research for drugs and understanding of rare diseases, she said. Get the latest stories from The 360 Blog, every week. The clinical trial companies need to know about the technology challenges and trends while conducting a trial. Read the latest in new drug development and pharmacology from leading research institutes around the world. Save my name, email, and website in this browser for the next time I comment. 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. “There will be faster time-to-market for targeted therapies.”. Every pharmaceutical company is talking about patient engagement. Get to know the Advisory Board of TIPS. But looking ahead, they may find more competition from private equity firms. The opioid crisis in the US has engendered a number of … 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. also anticipates that pharmaceutical companies will place an early emphasis on precision dosing during clinical trials related to drug development. Transform the HCP relationship to combat the decline in face-to-face relationships. The life sciences industry is the umbrella term for companies, businesses, and research institutions dedicated to improving organism life. The various branches of life sciences industry may include pharmaceuticals, biotechnology, environmental sciences, biomedicine, nutraceuticals, neuroscience, cell biology, biophysics, and many others. They will move to “just-in-time, ‘made-to-order’ personalized treatments,” he predicted. “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. The pharmaceutical industry has been desperately searching for efficient drug discovery methods. They strive to uncover new patterns, unknown correlations, trends, and patient preferences that help them to ensure patients’ safety more effectively. “In the coming year, we’re going to see a lot of business activity in the field,” he said. 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. Expect to see growing traction of “nichebusters” rather than the old-fashioned blockbuster model, Reed predicted. Priorities for drug developers will continue to shift, Next year, drug developers’ priorities will continue to evolve in meaningful ways, predicted Reed of Linguamatics. Visibility grows across the life sciences value chain, 8. Cell; Cancer Cell; Cell Chemical Biology; When you really dig into what’s going on in pharma, five trends are driving transformation this year. 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. 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, . Earlier this year, there was a surge in large pharmaceutical companies acquiring biologics and therapy companies. “We’re gaining full transparency and visibility across the Life Sciences value chain,” Paralkar explained. Life science companies will turn to NLP to process mountains of text-based data. “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,”. “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.”. 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 … Drug discovery. The future of 5G in healthcare, retail, and manufacturing promises more than just personalized shopping experiences, telehealth, and more streamlined machine production. “Studies will embrace decentralized trial approaches as design options earlier in the clinical trial planning process,” Reites said. Deliver personalized messaging with automated campaigns based on their medication or disease state that educate patients, offer helpful reminders, and check in on progress. “I don’t think there is enough information at this point to do long term estimates,” said Kasey Fu, director of epidemiology at GlobalData. Working parents, including Salesforce executives, managers, and customers, share how they manage homeschooling, lunchtime, and work/life balance under COVID-19. Reduction of opioids by cutting production. Leverage intelligence for immediate insight into competitive data that helps sales teams create stronger targeting strategies and personalized, highly contextual customer experiences. All rights reserved. A full view into supply chain and manufacturing allows for seamless internal and external collaborations that support cross-team and cross-industry partnerships. What can you say about a year in which “pandemic” was Merriam-Webster’s word of the year? “Nobody expected so much push back about wearing a mask. The global revenue of the pharmaceutical market is 1.2 trillion dollars. Two doctors and thought leaders focused on global healthcare tell the private sector that we need your innovation, your scale, and your money. With all the hype around AI nowadays, … 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 … Global decentralized studies will become a standard clinical trial design approach, 3. 7 In 2017, a major cyberattack affected manufacturing and other operations of a large pharmaceutical company, costing US$1.3 million in losses. The issue of drug pricing is always in the news, but it has … G… As the industry strives to improve recruitment, data collection and retention, it will seek to enhance flexibility and visit options for patients. 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. Thank you for visiting Journal of Global Trends in Pharmaceutical sciences (JGTPS) quarterly online journal (Four Issue per year). A greater focus on the patient gives way to valuable real-world data and insight into therapy performance and medication adherence. “Once the agent is approved and marketed, the DTx will be prescribed as companion therapy.”, 7. “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. Embracing Medical Marijuana. Global life sciences sector issues in 2020 . 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. “In 2021, we will see an increasing number of drugs developed in conjunction with digital therapeutics (DTx) solutions,” Rajput predicted. Pharmaceutical companies want to understand how patients respond to therapies and identify subpopulations to ultimately improve health outcomes. While the public-private initiative Operation Warp Speed has won public attention for its ability to speed vaccine development and distribution, “it has also focused new attention on common bottlenecks in the clinical trial process,” said C.J. 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.”. 4. 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. Trends in Pharmaceutical Sciences. In Industry 4.0, “sensors, devices, machines and other equipment are all interconnected,” Paralkar said. The journal aims to make significant contributions to applied research and knowledge across the globe through publication of original, high-quality research. The use of analytics-driven patient monitoring also supports “alerting clinicians to any clinical decompensation that could signal an issue with the drug or another health problem that needs to be addressed,” Rajput added. The MedTech 100 is a financial index calculated using the BIG100 companies covered in Medical Design and Outsourcing. Jennifer Turcotte is Director, Global Life Sciences Industry at Salesforce. Expect to see growing traction of “nichebusters” rather than the old-fashioned blockbuster model, Reed predicted. 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. The coming year of 2021 will likely be another pivotal year for the life sciences field at large, and drug developers in particular. 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. 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. Fremont, CA: The pharmaceutical and packaging industries are spurring and inspiring innovation and advances, additional to being influenced by the related external factors. 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. 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. Adoption of Artificial Intelligence (AI) by pharma and biotech. About the Pharma 2020 series. Developing these solutions quickly is possible if you use a flexible platform that allows for easy app development. Once regarded as costly gimmicks, artificial intelligence (AI) applications are rapidly becoming prime drivers of efficiency for forward-thinking pharma companies. To increase operational efficiency and deliver business and scientific insights across R&D, manufacturing, and commercial operations, pharmaceutical companies are increasingly using cloud technology. “COVID-19 anywhere is COVID-19 everywhere. 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 pandemic has forced a rethink of how to manage clinical trials and treat patients in hospitals and their homes. Just as it's done for other industries, 3D printing enabled prototyping, customization, … Predictive analytics can also help identify the best trial sites and even recruit candidates for clinical trials. [Yet less than half of patients (47%) said pharma companies understood their emotional, financial and other needs related to their condition.] 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. FREMONT, CA: Today, cancer is the leading cause of death worldwide because of almost two million newly diagnosed patients each year.It has become a continuous trend due to which several cancer treatments are becoming a necessity for fighting against the complicated and deadly … Below are five more trends experts think will shape biotech and pharma company dealmaking in the months to come. Salesforce values your privacy. When COVID-19 created unprecedented global demand for disinfectants, De Nora Water Technologies learned new ways to work with customers - and reach new ones. Read the latest articles of Trends in Pharmacological Sciences at ScienceDirect.com, Elsevier’s leading platform of peer-reviewed scholarly literature 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. Uptick in M&A and more precise inventory management, 9. As 2020 comes to a close, life science companies should start looking to 2021 to stay on top of the latest technological trends. Let’s take a look at each trend. 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, . At present, the market growth is influenced by the key trends, such as opportunities across … And the breakneck speed of vaccine development in 2020 could potentially lead to accelerated timelines for other therapeutics in the future. Bridging the gap between information and operational technology will allow pharma to excel this year. Unifying data across provider, patient, and partner information on a common platform gives all stakeholders a single view into valuable operational and customer insights. Creating new value. Next year, drug developers’ priorities will continue to evolve in meaningful ways, predicted Reed of Linguamatics. The growing number of Life Sciences companies turn to advanced analytic techniques in pharmacovigilance to examine large and varied data sets that contain safety information. International Journal of Current Trends in Pharmaceutical Research is an open access bi-monthly online journal. 8 Body SensorsFollowing the trend of Artificial Intelligence (AI), there is stepping in the trend of body … “When the pandemic started, nobody expected the U.S. to mess up testing,” she said. 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. TIPS Advisory Board. From there, the IoT-enabled sensor will enable the physician to track relevant health changes. Radiomics will gain ground in drug development and clinical trials, 4. At the same time, a greater burden is being placed on pharmaceutical reps to understand and convey complex therapies and their value. The unprecedented nature of the pandemic makes it challenging to anticipate what impact the virus will have next year. Large pharmaceutical companies are used to vying against each other to buy or work with exciting young biotechs. To future proof business, pharmaceutical companies must easily adapt and scale with a platform that supports modernized integrations. Know more about the Editor of Trends in Pharmacological Sciences. Improved commercial strategies and models require access to better data. Households. Sirj Goswami, CEO of InsightRX, a cloud-based clinical decision support platform. As part of the Healthcare and Life Sciences team, Jennifer works to bring customer success to biopharmaceutical, medical device, and diagnostic companies. To learn more, visit our Privacy Statement. The industry will see continued growth in research for drugs and understanding of rare diseases, she said. 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… Drive business model transformation through omni-channel engagement with providers and payers. “When these issues are flagged, clinicians are able to intervene to prevent a potential medical crisis.”. It turns out, a lot that’s good. unsubscribe at any time. “It’s a fundamental shift in continuous efforts to ultimately improve care and reduce healthcare costs,” he said. Goswami also anticipates that pharmaceutical companies will place an early emphasis on precision dosing during clinical trials related to drug development. 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. All Rights Reserved. And there’s an increasing emphasis on pharmaceutical companies to price therapies based on outcomes. © Copyright 2021 Salesforce.com, inc. The pharmaceutical and packaging industry has a symbiotic relationship and is notably shaped and driven by various trends. 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. 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. “The life sciences industry is looking at unmet needs and developing drugs to address this,” she added. But there will also be surprises, Fu said, just as there was with the pandemic in 2020. For all of the brainpower and data models researchers have used to model the COVID-19, the pandemic continues to surprise experts. “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. 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. Truist took advantage of artificial intelligence to tame a pandemic-spiked call volume 700x above average. Life science companies will turn to NLP to process mountains of text-based data, 5. She brings 10 years of industry experience having held roles in marketing, IT, and product strategy at Grail, Genentech, and Complete Genomics. 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. Consolidated and standardized data reduces complexities and inefficiencies while increasing the pace of possible innovation. “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. Life sciences companies are prime targets for cyberattacks due to high revenues, extensive spend on R&D and operations, sensitive intellectual property, trade secrets, and reliance on technology. “Worldwide vaccine distribution coverage is going to be even slower and with much bigger gaps,” Fu said. Here, the forthcoming digitalisation trends are projected. 3D Printing. Trends in Pharmacological Sciences on Twitter. Here, we asked several experts to predict the trends that will be most relevant in the coming year. Better internal and external communication, more collaboration and smarter, data-based decisions that will not only improve customer engagement, but will also increase the understanding of how to best serve these customers. communications regarding Salesforce products, services, and events. “Vaccines are not going to be widely available for months. 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. “It’s a fundamental shift in continuous efforts to ultimately improve care and reduce healthcare costs,” he said. 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. Precision imaging analytics technology known as radiomics will see increased adoption in 2021 and will be incorporated into drug development strategies and clinical trials management, according to Rose Higgins, CEO of HealthMyne. “In 2021, we will see an increasing number of drugs developed in conjunction with digital therapeutics (DTx) solutions,” Rajput predicted. 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. “These focus areas will materialize in study designs as hybrid decentralized approaches that support global programs,” Reites said. Legalization of medical marijuana is stepping towards completely … 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. 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. 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 … Enhancing patient engagement means creating opportunities for closer connections. 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. “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. https://www.salesforce.com/blog/trends-in-pharmaceutical-industry Various trademarks held by their respective owners. 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.

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