Can the following five forces change the future of biopharma?
The biopharma business models are expected to be reshaped in the coming 20 years. the experts from inside and outside of the industry have evaluated the shifts in the market and determining how the pharmaceutical giants will compete with each other, there will be new ways to treat and diagnose a wide range of diseases. However with the various health insights, which are mostly driven by radically interoperable data and artificial intelligence, it can help the providers to identify illness much earlier than it is done today. Early interventions such as vaccines can help to prevent a number of diseases from developing in the first place. Also, other illnesses can be prevented with the help of non pharmacological treatments. Shifts in how the diseases will be diagnosed, identified, prevented and then treated can change the fundamental business model of the existing by pharma companies. A number of researches are going on in the Pharma sector. digital health leaders ...