During the covid-19 times, we have seen the importance of technology both in the pharmaceutical industry and in research laboratories. In this blog post, I will explain the most common issues in the industry and which solutions does Alibaba Cloud offer.
Common issues in the pharma industry
The pharma industry is moving from the era of blockbuster drugs into the age of precision medicine. Concurrently, new therapies are becoming more expensive to bring to market and the average expected revenue per drug product is dropping.
Pharmaceutical and biotech companies need to find innovative ways to more quickly and efficiently discover, develop, trial, manufacture, and commercialize therapeutics while continuing to drive top-line revenue and improving patient experiences.
Alibaba Cloud solutions
Using Alibaba Cloud will help to improve efficiency and find actionable insights at each point of the Pharmaceutical development pipeline.
The pharma organizations can access cost-effective storage and compute capabilities, advanced analytics, artificial intelligence, and machine learning (AI/ML), patient personalization mechanisms, and access managed data sharing, all while meeting stringent compliance regulations.
Here some links to Alibaba Cloud resources, that cold help to implement those cloud solutions:
Alibaba Cloud is a very good technology alliance for the pharma industry that helps to improve efficiency, innovation, and pace in developing new pharmaceuticals.