Digital disruption is the process of transformation initiated by innovative digital technologies and business models that reshape the value proposition of existing products and services within an industry.

1. Digital Disruption Due To COVID-19
In Life Sciences Sector
By: Pranay Kumar

2. Agenda
Overview of Digital Disruption
Overview of Life Science Industry
What is COVID-19
Impact Of COVID-19
Digital Disruption Due To COVID-19 In
Life Sciences

3. Overview of Digital Disruption
Source: https://blog.oxfordcollegeofmarketing.com/2016/02/22/what-is-digital-disruption/
• Digital disruption is the transformation that occurs when innovative digital technologies and
business models affect the value proposition of existing goods and services offered in the
industry.
Current Digital Disruption Technology:
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Digital
Technology
ML
(Machine learning)
Cloud Technology
AI
(Artificial intelligence)
IoT
(Internet of things)

4. Overview of Life Science Industry
• Life Sciences team reflect on the challenges, pressures and responsibilities that arise from pandemics for those
organizations and businesses operating in the life sciences sector.
• Life science industry ecosystem comprises of:
Life Science
Industry
Ecosystem
Product Development
Process
Engaged With
Regulatory Bodies
Research and
Development
Patient –Doctor
Interaction
Product
Manufacturing
Supply Chain
Other Company
Related Operation

5. What is COVID-19
• COVID-19 (Coronavirus disease) is an infectious disease which is caused by a newly discovered coronavirus.
• In March 2020, the WHO has declared the COVID-19 outbreak a pandemic, due to easy transmission around the globe.
• Life science industry is working on developing a vaccines and a drug for proper treatments.
Source: WHO (2020/11/11, 9:43am CET, https://covid19.who.int/),
COVID-19:
133,955
New Cases
50,810,763
Confirmed Cases
1,263,844
Total Deaths
Global Situation
How to reduce the risk of COVID-19:
Clean your
hands often
Social distancing
Avoid touching your
eyes, nose and
mouth
Disinfect frequently
touched object

6. Impact Of COVID-19
• The COVID-19 pandemic has led to a dramatic loss of human life worldwide and presents an unprecedented challenge to
public health, food systems and the world of work.
• Millions of enterprises face an existential threat. Nearly half of the world’s 3.3 billion global workforce are at risk of losing
their livelihoods.
Source: WHO (https://www.who.int/news/item/13-10-2020-impact-of-covid-19-on-people's-livelihoods-their-health-and-our-food-systems), WTO
Impact On Labour Market Impact On Economy Trade and Consumption
>$ 8.8 Trillion
Cost to global Economy
-13% to 32%
Estimated average reduction in trade
~30 Million
Drop in oil consumption (barrels per day)
>2.7 Billion
Workforce impacted due to full/Partial lockdowns world
over
~195 Million
Estimated loss of jobs globally by Q2 20
~17 Million
Unemployment Claims in US (till May 2020)

7. Digital Disruption Due To COVID-19 In Life Sciences
• COVID-19 drug for proper treatments.
Source: https://health.economictimes.indiatimes.com/news/pharma/coronavirus-impact-will-life-sciences-industry-turn-to-digital-platforms-for-growth/74724886
Professionals are working on IT
solutions to automate the work flow.
IT and Automation
Engaging professionals to work
remotely though digital mode.
Digitization of Labs
Processing the data to analyze and
predict the disease.
AIML Solutions
By minimizing the paperwork and
effectually running the online server.
Virtual Trails
Analyze the data and provide a
informative output.
Real Word Data & Advance Analytics

8. Thanks