On average, it takes over 10 years and costs upwards of $2.6 billion to get a new drug from initial discovery to approval by regulatory bodies like the FDA. Moreover, processes like clinical trials are long, complex, and expensive that pharmaceutical companies must undertake to test the safety and efficacy of new medical treatments. A […]
Life sciences industry is experiencing its own gen AI revolution resulting in efficient clinical trials, accelerated dug discovery, quicker document summarizations, chatbots taking over repetitive manual tasks, and we are just getting started. When used effectively, gen AI can assist in almost all the departments and stakeholders right from R&D to commercialization of a drug. […]
The sensitive nature of the data involved, and the complexity of operations in the life sciences sector makes governance and data security vital. Moreover, to stay competitive in the face of growing competition, changing consumer needs and emerging markets, businesses must make their operations robust while adhering to the worldwide data-protection and privacy challenges in […]
Life sciences companies are under increasing pressure to develop new drugs and therapies, optimize their operations, and remain competitive in a rapidly evolving market. An effective way to achieve this is by utilizing the enormous amount of data to extract valuable insights which can fuel data backed decisions. Adopting analytics and staying updated with the […]
Analytics always played a pivotal role in the life sciences industry. Owing to the dynamic and complex nature of drug development and marketing, pharma decision-makers rely heavily on data to decide on the future course of action. According to a Worldwide Health Industry 2020 predictions report, the next decade will be defined by healthcare data […]
The pharma and biotech industries can gain a competitive edge, streamline PPM (Project Portfolio Management) processes, and take informed decisions using data analytics. With the increasing adoption of technology by the stakeholders and loads of research and clinical trials data coming in, the life sciences cannot overlook the need for business analytics. From establishing a single source of […]
Emails are simple and convenient, but they do more harm than good to your project management. Though emails are enticing to use, you should ditch this practice as soon as possible. You may wonder why it is imperative to have a proper collaboration system in place for project management. Read on as we tell you […]
i2e Consulting, a leading software services company delivering both consultancy services and tailored technology solutions, announced today that it is certified by Great Place to Work ® for 2021-2022. The survey is India’s largest annual study on workplaces and is based on confidential employee feedback and an audit of the management processes. “We are thrilled and amazed to get certified by Great Place to Work India ®. Our employees made working at […]