Takeda Launches Global Innovation Capability Center in Bengaluru January 16, 2025 Takeda’s flagship Global Innovation and Capability Centre (GICC) in Bengaluru will generate 750 new jobs, focusing on technological advancements with an emphasis on plasma-based therapies.
Aragen Life Sciences Secures $100 Mn Investment from Quadria Capital January 14, 2025 Aragen Life Sciences receives $100 million in funding from Quadria Capital, aimed at enhancing its research and manufacturing capabilities to drive innovation in life sciences.
KPRDO Urges Karnataka FDA to Address Concerns Over Rapid Medicine Delivery by E-Pharmacies January 13, 2025 The Karnataka Pradesh Retail Druggists and Chemists Organisation (KPRDO) requests FDA action against Swiggy and PharmEasy, citing safety concerns over their 10-minute drug delivery model.
Eli Lilly to Establish Global Capability Centre in Hyderabad, Boosting Digital Innovation January 10, 2025 Pharma giant Eli Lilly announces a new capability centre in Hyderabad, set to hire over 1,000 skilled professionals, enhancing its global operations and innovation footprint in India.
CDSCO Moves Clinical Trial Applications to Online Portal January 3, 2025 CDSCO has transitioned the clinical trial site addition and change of principal investigator application process to the Sugam portal. The move aims to streamline the submission procedure for clinical trials in India.
India to Play Key Role in Global Biotechnology by 2025: Minister January 3, 2025 India’s biotechnology sector, growing rapidly with INR 1,000 Cr funding, is set to lead globally in 2025, driven by innovation and government initiatives.
Indian Railways Explores Tie-Up with Online Pharmacies for Medicine Home Delivery December 31, 2024 Indian Railways is considering partnering with online pharmacies to enable medicine delivery from its hospitals. RailTel plans tenders for 2025, leveraging its HMIS platform for implementation.
E-Pharmacies Expected to Cut Operating Losses Below 10% in FY2025: CRISIL December 27, 2024 India’s e-pharmacy sector is set to cut operating losses to under 10% in FY2025, driven by high-margin segments and cost efficiencies, says CRISIL Ratings. Additional equity funding of ₹2,300 crore is needed over two years.
Akums Signs INR 1,760 Cr CDMO Agreement with Leading Global Pharma Company December 27, 2024 Akums Drugs signs a INR 1,760 Cr agreement to manufacture and supply oral liquid formulations to the European market, marking a significant step in its global expansion.
Indian Pharma Industry Eyes AI-Led Innovation, $130 Bn Market by 2030 December 27, 2024 Indian pharmaceutical industry targets $130 billion by 2030, driven by AI, innovation, and global expansion. Experts highlight growth in med-tech, diagnostics, and advanced therapies.
Senores Pharmaceuticals IPO Sees Strong Subscription on Final Day December 24, 2024 Senores Pharmaceuticals' IPO, which closes today, sees high demand from investors, with a 13.93 times subscription. The company plans to use the funds for strategic investments and growth.
Cipla Launches AI-Powered Mobile App for Asthma Screening December 19, 2024 Cipla unveils CipAir, an AI-powered mobile application integrated with the Breathefree platform, enabling first-line asthma screening. Clinically validated and accessible via Android, the app uses advanced acoustic analysis to provide personalised results, aiming to empower users with timely health insights and resources.
Healthcare is undergoing a significant transformation, driven by advances in technology that are reshaping how we approach disease prediction, screening, and treatment.
As time progresses, we have witnessed the emergence of new and unknown diseases, making it clear that the pharmaceutical and biotech sectors must continuously adapt.
As healthcare becomes more advanced, there's an increasing demand for innovative technologies to drive improvements in drug discovery, clinical trials, personalized medicine, and more. The intersection of technology and healthcare has revolutionized the way drugs are developed, distributed, and administered.
AI & Machine Learning in Drug Discovery
One of the primary drivers of this evolution is the rise of artificial intelligence (AI) and machine learning (ML), which are dramatically reducing both the time and cost associated with drug discovery. These innovations are helping accelerate the development of new treatments, ensuring that medicines are delivered more effectively and in less time.
AI plays a key role in drug discovery, development, production, and distribution, helping create treatments that are as unique as the patients they serve.
Personalized Medicine & Pharma Innovations
As personalized medicine becomes the focus of modern healthcare, researchers are diving deeper into tailoring treatments to individual patients, moving away from the era of one-size-fits-all approaches. Personalized and precision medicine is a major trend in the industry. Genomic data is being integrated into pharma to develop better-targeted drugs, offering patients more effective treatments that are specifically designed for their individual needs.
The pharmaceutical and biotech industries are also embracing digital therapeutics, where technology is used to manage medical conditions and diseases through digital platforms.
Many biotech companies are now integrating cutting-edge technologiesin gene editing to develop new therapies aimed at treating a range of genetic disorders. These innovations are transforming the healthcare landscape and making previously unimaginable treatments a reality.
Digital Tools & Data Analytics
In terms of pharmaceutical innovations, digital tools, the Internet of Things (IoT), blockchain, and data analytics are all playing an important role in improving transparency, efficiency, and security within pharma supply chains. AI is optimizing logistics, reducing counterfeiting, and ensuring that drug quality is maintained throughout the distribution process.
Telemedicine & Digital Health Platforms
With the increasing role of digital platforms, pharmacies have evolved beyond traditional drug stores; now, online platforms are the main point of contact for patients seeking medications. This has resulted in a growing intersection between telemedicine and pharma, where medications are often prescribed based on digital consultations or AI-driven diagnostics.
This shift to digital health platforms is providing better access to biotech solutions, particularly in underserved areas where traditional healthcare infrastructure might be lacking. These platforms are making it easier for patients to access treatments and for healthcare providers to prescribe and manage them more effectively.
Transforming Clinical Trials with Digital Tech
The way clinical trials are conducted is also transforming thanks to digital technologies! Wearables and mobile apps are being used to collect real-time data from patients, allowing for more accurate monitoring of drug efficacy and patient health.
Virtual clinical trials, where patients can participate remotely, are making trials more accessible and efficient. This technology is not only streamlining the process but also broadening the scope of trials to include a wider range of participants.
Investment in PharmaTech
The rise of pharma-tech is driving increased investment in the sector. Venture capital is increasingly focusing on startups that integrate AI, robotics, and data analytics into biotech and pharmaceutical processes. This influx of capital is accelerating innovation and helping bring new therapies to market faster.
Technology is significantly shaping the future of the pharmaceutical and biotech sectors. From personalized medicine to digital therapeutics and virtual clinical trials, the ongoing evolution is making healthcare more efficient, accessible, and tailored to individual needs. As investments continue to pour into pharma-tech, we can expect even more breakthroughs and innovations that will continue to improve patient care around the world.