5 Trends Shaping the Future of Pharma

Technology is taking the world on a jolly ride and the medical world is right in the front seat. Health care promises to be at the peak of efficacy, with decreased mortality and morbidity because of technology.

It is obvious that the future of medicine is bright with innovations. Trends are popping up by the day to prove this fact. This article will sift into 5 trends that are paving the way for the pharma world into a bright future.

#1: Medical Artificial Intelligence (AI)

Research shows that by 2025, about 50% of global healthcare companies will enforce artificial intelligence in their operations.

Artificial Intelligence is the application of automated algorithms reliant on human intellect. Its use will improve methods in drug discovery and manufacturing, while also enhancing clinical trials. It will also open doors for more innovations.

In 2015, Johnson & Johnson (J&J), a renowned pharmaceutical company, in partnership with Google Verily, announced the formation of  Verb Surgical Inc. This nexus is to develop its AI and ML-powered Ottava surgical robotic system to execute minimally invasive medical surgeries.

#2. Blockchain

The pharma world is not left out of Blockchain technology. This system can aid in smooth drug production and distribution. For example, top companies like Youway are utilising Blockchain technology to track and trace pharmaceuticals in the supply chain.

Meanwhile, blockchain technology will help improve clinical supply chain management while also combating the distribution of fake drugs.

#3. Precision Medicine

If you have ever imagined medicines specially designed to suit each person, then you will find Precision medicine interesting.

According to the Precision Medicine Initiative, precision medicine is a new method of disease treatment and prevention that focuses on individual variability in environment, genes, and lifestyle.

This groundbreaking innovation caters to the needs of each person as opposed to the crowd. It is like getting customized medication.

Precision medicine further advances Cancer research. This is possible with better insight into cancer genomes to identify the mutations in different cancer patients. This will also help in deciding the best treatment regimens.

#4. Pharmaceutical Additive Manufacturing

Additive manufacturing (AM) is also known as Additive layer manufacturing (ALM) or 3D printing. It is a computer-controlled system that deposits materials layer upon layer to form a product.

In pharmaceuticals, Additive manufacturing can be a gamechanger in drug development. Through this approach, drugs can be formulated to suit different people by controlling the release of dosages.

Through Additive manufacturing, 3D printing of human tissues is possible with a 3D bioprinter. These 3D printed human tissues are used in organ engineering and also help test new drugs.

#5 Augmented Reality (AR)

Investopedia defines Augmented Reality as  “an enhanced version of the real physical world that is achieved through the use of digital visual elements, sound, or other sensory stimuli delivered via technology.”

Augmented Reality will aid drug discovery through the visualisation of genetic data of microbes. Scientists will communicate their findings with each other from different parts of the world without leaving their labs. Patients can be fully educated on their illness, surgeries through AR