Today, the pharma supply chain is amid several challenges, which are only intensifying due to continually evolving regulatory requirements and customer expectations. The ongoing COVID-19 pandemic is creating a plethora of supply chain-related barriers such as increased production costs and global distribution of drugs, which in turn are affecting clinical trials. To overcome these roadblocks, pharmaceutical companies need to analyze supply chain trends shaping the future of the pharma sector and consider their collective impact on various logistical processes.
One of the challenges—drug pricing—has come under the microscope of public scrutiny and regulatory bodies. To keep a strict eye on pricing, pharmaceutical and life science companies are turning to advanced technologies such as AI. By combining AI and biophysics, pharma companies are exploring new drugs in a quick and affordable fashion. AI also helps experts analyze drug effects and create a compelling visual output of how everything interacts for a deeper and better understanding of biological processes and their outcomes.
Pharmaceutical companies are also boosting investments in real-time data-oriented technologies that can bring fresh insight to solve industry challenges. This investment is helping pharma companies to accumulate and analyze vast troves of data on patients, processes, and products. Leveraging big data and cloud computing technologies is helping pharma companies ‘connect the dots’ and provide a complete perspective on issues such as patient health care, the effectiveness of prescription drugs, supply chain operations, and more.
At this juncture, many cutting-edge pharma logistics solution providers and consulting companies are entering the domain with advanced and integrated offerings. To help the pharmaceutical sector strengthen its operational capabilities and simultaneously enable growth in the industry, Pharma Tech Outlook has compiled a list of the top pharma logistics solution providers and consulting companies. The list comprises prominent organizations in the industry that address issues pertinent to the pharma supply chain by implementing current trends. Besides, the magazine also includes insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for aspiring CIOs.
We present to you Pharma Tech Outlook’s, “Top 10 Pharma Logistics Solution Providers – 2020,”