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1365: Why The Pharma Industry Needs to Transform Digitally

1365: Why The Pharma Industry Needs to Transform Digitally

FromThe Tech Talks Daily Podcast


1365: Why The Pharma Industry Needs to Transform Digitally

FromThe Tech Talks Daily Podcast

ratings:
Length:
24 minutes
Released:
Oct 12, 2020
Format:
Podcast episode

Description

From drug and device discovery and development to regulatory approval, drug reimbursement to lifecycle management – they all need to make smart decisions that give you an advantage in a fast-changing market. The pharma and healthcare sector faces unparalleled upheaval: increasing pressures on research and development teams to show a better return on investment, difficulty keeping abreast of complex regulatory and pricing and reimbursement environments, and the race to get the best deal in a competitive business development arena. Informa's Pharma Intelligence is the trusted partner of all of the top 50 global pharmaceutical companies and the top 10 contract research organizations (CRO's) – providing timely intelligence and insight to make authoritative decisions. The pharma business model has worked for hundreds of years and was completely upended that because people are staying home, messaging people directly. How will tech help the industry adapt? I invited Katleen Richardson to learn more about how technology is helping pharma companies to open their lines of communication and stop relying on sales representatives and doctors to reach consumers (whether this is through text messaging, chatbots, video messaging, etc.) We discuss how pharma needs to understand the importance of one-on-one interaction, building relationships, and trust. I learn how pharma as an industry isn't inherently innovative; it focuses on product innovation as opposed to internal innovation.
Released:
Oct 12, 2020
Format:
Podcast episode

Titles in the series (100)

Fed up with tech hype and buzzwords? Looking for a tech podcast where you can learn and be inspired by real-world examples of how technology is transforming businesses and reshaping industries? Keep informed of the latest business and tech trends by listening to stories of other people in your field and how they are overcoming challenges with emerging technologies. Learn from the guest's actionable tips, and lessons learned to obtain greater clarity and how you can leverage technology. In this daily tech podcast, Neil interviews tech leaders, CEOs, entrepreneurs, futurists, technologists, thought leaders, celebrities. I have also teamed up with Citrix and its Citrix Ready partners to reveal how they are solving problems together while building the future of work. We discuss how tech trends such as AI, machine learning, 5G, IoT, AR, VR blockchain, crypto, and digital transformation strategies are already reshaping our world. Guests from every industry educate listeners through sharing their road to success, startup stories, and how technology transformed their business and life. Join me for a daily dose of optimism and motivation as I prove that technology really does work best when it brings people together.