This poster deals with the Digitalization of the Pharma field. It covers the history, current happenings, and future trends of digitalization in the pharma field. Overall it give a brief and concise information about the Pharma 4.0 concpet. That how the digitalization shape the pharmaceutical industry.
Poster presentation on Digitalization of Pharma.pdf
1. Pharma 4.0: How Digitalization Transform Pharma
Industry
Patil Gaurav Shriram 1*; Dinesh Dattatrey Borhade2!; Ganesh B. Patil, PhD2!
1H R Patel Institute of Pharmaceutical Education and Research, Shirpur. (M S)
Name: Gaurav Shriram Patil
Organization: H R Patel Institute of Pharmaceutical Education and Research, Shirpur (M S)
Email: gauravpatil2901@gmail.com
Website: https://linktr.ee/GauravPatil
Phone: +919665204828
Contact
1. https://iide.co/blog/digital-transformation-in-pharma-
industry/#:~:text=Digitization%20gives%20a%20pharma%20company,to%20the%20right%20target%20audience.
2. https://biospectrumasia.com/opinion/25/14646/digital-transformation-in-the-pharmaceutical-industry.html
3. https://www.thedrum.com/opinion/2021/08/27/why-pharma-and-healthcare-need-stronger-dose-digitization
4. https://thekeenfolks.com/digital-transformation-in-pharma-industry/
5. https://www.indusnet.co.in/how-is-digital-transformation-driving-indian-pharmaceutical-sector-towards-global-leadership/
6. https://www.pharmexec.com/view/building-digital-health-infrastructure
7. https://www.europeanpharmaceuticalreview.com/article/51733/pharma-digitalisation-challenges/
8. https://www.strategyand.pwc.com/gx/en/insights/2016/digitization-in-pharma/digitization-in-pharma.pdf
References
BEING DIGITALLY READY FOR THE FUTURE IS A NECCESSITY
Digitalisation is fundamentally changing the healthcare industry. The Pharma
industry, as a core part of healthcare, is no exception to this. New technologies and
innovations are already enabling pharma companies to improve medicine
development and patient care. At the same time, healthcare payers and other
customers of pharma companies are demanding more and better data on the
medication efficacy and improved patient quality of life. These demands cannot be
fulfilled by purely traditional means. Machine learning, artificial intelligence,
block-chain, and big data are examples of new trends and technology covered by
digitalization.
Introduction
• Taking the fast lane to integrated operations
To address the challenges of future R&D and production requirements, the
pharmaceutical industry needs solutions that enable operations to become more
flexible and productive. Digitalization can help cut time to market, and further
improve quality by supporting right-first-time production through data integrity
and consistency across the value chain.
• Proven digital solutions take you to the next level
In the pharmaceutical industry, quality is essential – cutting-edge research,
excellent processes, and perfect products are what makes you the leader.
Nevertheless, you need to improve to stay ahead: new diseases require new cures
and increased competition requires faster, leaner processes in all aspects of your
operations.
• Looking ahead, a formidable pairing of data science and technology will not only
provide the much-needed resilience, will also help to reshape the sector and
enable better experiences for patients and physicians.
• With a seismic shift in the sector post the pandemic, pharma and healthcare has
become one of the most sought after sectors as a career destination with a host
of opportunities awaiting skilled talent. Experts believe that the momentum
gained during this period should be leveraged and strategies should be devised
to create agile organisational support systems for employees and other
stakeholders.And that’s what the need of the hour is!
The Road Ahead
Digitization has the potential to fundamentally transform pharmaceutical
operations, allowing for game-changing performance improvements. Pharma
companies should embark on this journey as soon as possible, taking immediate
steps to digitise their supply chains and operations and create a three to five-year
strategy and road map. Companies that take the initiative can gain an advantage;
long-term competitive advantage; greater agility in operations cost-effectiveness,
and control; and, ultimately, better care for patients.
To Conclude
What is Digitalization? And its historic
evolution
WHAT IS DIGITALIZATION?
• Digitalization Digital Transformation in simple terms is the process of
restructuring or redefining the business in the digital age to match the
changing trends.
HISTORY OF DIGITALIZATION PILLARS OF DIGITALIZATION
IN PHARMA INDUSTRY
1. Ability to reach potential customers in spite of governmental restrictions
2. Satisfy the information requirement of customers
3. Evaluating customer’s requirements better
4. Tracking the performance of the products
FACT: According to a Global Data survey, 35% of pharma industry professionals
believe the COVID-19 pandemic has accelerated digital transformation by more
than five years.
Importance of
Digitalization Pharma Industry
Pillars of
Digitalizati
on in
Pharma
Process
Techno
logy
Organiz
ational
Change
Data
• We are still in the early stages of the digitization in pharma, and many executives
are struggling to define what “digital operations” really means. There is a
tremendous amount of noise and hype, and systematic, structured frameworks
are lacking.
Current status of Digitalization in Pharma
Industry
Figure 1 :Industrial evolution diagram
(We are heading towards Digitalization)
Figure 2 : Pillars of Digitalizationin
Pharma
Figure 3 : Stages of Digitalizationin
Pharma Industry
Figure 4 : Tools of Digitalizationin
Pharma
Figure 5 : Building blocks for
digitalization
1* Presenting author ; 2! Corresponding authors
Stages Of Digital Maturity For Pharma 4.0