Clinical trials today are long and expensive. Pharma companies spend billions of dollars and still, at the end of the day a drug might not become approved. On the one hand, this creates a huge risk for them to invest into innovation, on the other hand patients sometimes have to wait for unnecessarily long until a new drug reaches the market.
The rapid development of medical technology affects every aspect of medicine and healthcare – and even the seemingly most remote and ivory-tower-like institution, pharmacy, cannot escape its transformative power. Let me show you the bright future of pharmacies.
It’s fascinating to witness how disruptive innovations can truly change the way healthcare is delivered and medicine is practiced. Enormous technological changes are heading our way and they will transform pharma too.
In the near future we will inevitably work closely with medical robots. If we take the necessary steps now to gain better understanding of how they work the transition could be easier and simpler.
From time to time, I come across collaborations in healthcare between companies which are both promising and surprising. From IBM to Google – here are the top 10 innovative healthcare companies you didn’t expect to embrace disruptive health innovation.
“We don’t want to miss the train of digital health” is a phrase I often hear from pharmaceutical companies. However, there are no trains to catch anymore. Disruptive healthcare trends are the futuristic spaceships many pharma companies don’t even see flying above them. If pharma doesn’t prepare for the coming waves of change, it won’t have an industry at all.
The system of drug regulation is obsolete. To keep patients around the world safe, authorities like the FDA must step up and deal with disruptive trends – without suffocating innovation.