The life sciences industry is unique and complex. Without having the proper background, it can be difficult for IT vendors to enter this conservative market. Those willing to put in the extra effort to truly understand the pharmaceutical and biotechnology industries will realize there is considerable opportunity for technology.
Scope
* Offers an overview of the pharmaceutical and biotechnology industries
* Discusses key areas where technology would be most beneficial in the life sciences industry
* Provides go-to-market strategies to help penetrate the pharma and biotech markets
Highlights
On average, it takes about 10-12 years and $1 billion to bring a new drug to market. With a patent life of only 20 years, this does not leave a long market exclusivity period in which to recoup the development costs. Therefore, executives are beginning to look at various technology solutions to lower costs and reduce time-to-market.
Companies are shifting away from the 'one-size-fits-
In the past, pharma companies have built their own solutions as they required customized solutions, resulting in an industry plagued with home-grown legacy systems that are difficult to maintain and integrate. IT executives are now beginning to understand the benefits of commercial solutions, but still need time, education and convincing.
Reasons to Purchase
* Understand the pharmaceutical and biotechnology product lifecycle
* Identify emerging areas of concern for pharmaceutical and biotechnology companies
* Gain insight into what solutions and services that will appeal most to life sciences companies
Report Table of Contents:
The life sciences industry: a quick glance
The pharma product lifecycle
The challenges the industry faces today
The new pharma business paradigm
How does technology fit into the pharma world?
Discovery & Pre-clinical Research
Clinical Research
Manufacturing
Sales & Marketing
Go-to-market strategies
Appendix
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About Datamonitor
The Datamonitor Group is a world-leading provider of premium global business information, delivering independent data, analysis and opinion across the Automotive, Consumer Markets, Energy & Utilities, Financial Services, Logistics & Express, Pharmaceutical & Healthcare, Retail, Technology and Telecoms industries. Datamonitor's market intelligence products and services ensure that you will achieve your desired commercial goals by giving you the insight you need to best respond to your competitive environment. View more research from Datamonitor at http://www.fastmr.com/
About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.
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