In recent years, the pharma industry has experienced rapid expansion, and it is expected to surpass USD 1.5 trillion by 2023. A transformation is underway in the industry, as advanced digital platforms are being adopted, along with technologi...

Big data has been driving monumental advancements across industries optimizing business operations and expediting supply chain and logistics processes, to say the least. In healthcare, it’s simplifying strenuous tasks – from consolida...

Precision medicine is an innovative treatment method that tailors healthcare for patients based on genetics, lifestyle, and environmental factors unique to each. This technique is enabling doctors and researchers to predict treatments and pre...

The definition of effective patient care is steadily veering towards personalized medicine based on biology and genetics. The intrinsic characterization of patients by genome, facilitating precise, genetically-targeted therapies for safer tre...

Market access is one of the biggest challenges that face the pharmaceutical industry. In order to get pharmaceutical products to market successfully, they must overcome numerous market barriers. In addition to obtaining market authorizations,...

In the past, health and safety technology applications within retail focused primarily on store employees. A major reason for this was to reduce the high rate of accidents and injuries related to retailing, though low in risk.  However, ...

As patents on branded drugs expire, the global market for generic drugs is growing rapidly. The growth is facilitated by favorable policies in several countries that aim to reduce the overall cost of healthcare and prevent the spread of chron...

The success of new medical devices relies on their ability to provide superior patient outcomes and financial benefits. However, there are many uncertainties and risks associated with introducing new products or product features to the market...

First minted in 2014, non-fungible tokens, or NFTs, have become so popular that HarperCollins has even named it 2021’s word of the year. Unlike cryptocurrencies, which can be used as a form of money or virtual asset, NFTs are meant to be li...

It seems that the metaverse is going to become our new, long-term reality for every aspect of life – including healthcare. In the first half of the two-part series, we delved into the prominent channels fueling the use of metaverse in h...

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