Current trends in pharmaceutical industry: Post -CoVid-19 pandemic effects P2
December 10, 20256
Author and Source: Sranford University
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Background:
The pharmaceutical industry plays a significant role in providing global healthcare by developing ground-breaking treatments, vaccines and therapies. In recent years, the industry has witnessed significant changes driven by technological advancements, regulatory shifts and evolving patient expectations. The CoVid-19 pandemic, in particular, accelerated trends such as the adoption of digital health technologies and decentralized clinical trials (DCTs), highlighting the need for an adaptable and resilient drug development process [1, 2]. Nevertheless, these advancements are accompanied by a few complex challenges, such as the management of complex supply chains, the navigation of regulatory variations across different markets and the high costs of research and development (R & D) [3, 4-5]. New digital techniques like machine learning and artificial intelligence (AI) have emerged to improve drug discovery, but they also present issues with data protection, integration and interpretation within regulatory frameworks [6]. Therefore, it is of interest to describe the challenges faced post-CoVid-19 pandemic in the pharmaceutical industry.
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