Artificial intelligence, robotics, 3D printing, organs-on-chips, and bioprinting open new horizons for pharma. Let’s peek into the future of drug production with a short story of Brian Mahony and read about what we need to reach such a future in The Medical Futurist’s latest e-book entitled Technologies Shaping the Future of Pharma.
The drug sends a message to a caregiver after the patient swallowed it. The doctor prescribes virtual reality treatments for migraines. Do you think it is science fiction? You are mistaken. Just let me familiarize you with the top 10 trends shaping the future of pharma.
3D printing drugs is not a fantasy anymore. Unbelievable shapes and any kind of drug can be fabricated with the groundbreaking technology. The UK biotech company, FabRx believes it could even appear as a regular technique in hospitals and pharmacies for creating personalized drugs in specific doses within 5-10 years.
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.