LONDON–(BUSINESS WIRE)–#CompetitiveIntelligence–A well-known market intelligence company, Infiniti Research, has announced the completion of its latest article on the future of pharma industry. This blog provides comprehensive insights on:
- An overview of the pharma industry
- Strategies to enhance R&D process for pharma companies
“Heads of R&D at major pharmaceutical companies agree that there is a critical need to substantially increase the number of innovative new medicines, while eliminating inefficiencies that drive up R&D costs. Request a free proposal to know how we help pharma manufacturers achieve this,” says a pharma industry expert at Infiniti Research.
Aging population with significant unmet needs is creating a high demand for pharma manufacturing companies. However, pharma manufacturing companies are also facing headwinds from unattractive pricing and volume expansion across all regions, growing size and bargaining power of payers, the emerging biological patent cliff, and the growing competitive pressure. Amidst these challenges pharmaceutical manufacturers are seeking to reduce operational costs and streamline cycle time within R&D. Below, our pharma industry experts have listed out some key strategies that pharma manufacturing companies can use to gain efficiency and enhance their R&D process. Key strategies for pharma companies to enhance R&D includes partial outsourcing, business process management, eliminate ‘non-value adding’ activities, and strategic partnerships.
Heads of R&D at major pharmaceutical companies agree that there is a critical need to substantially increase the number of innovative new medicines, while eliminating inefficiencies that drive up R&D costs. Request a free proposal to know how we help pharma manufacturers achieve this.
You may also like to read some of our recent success stories in the pharma industry:
- Smart Packaging: The Next Big Thing in the Pharma Industry
- Pharmaceutical Market Research: A Linchpin for Success in the Pharma Industry
- Attaining New Product Launch Success in the Pharma Industry
Request a free brochure to know more about our solutions and how we can help you combat key business challenges.
About Infiniti Research
Established in 2003, Infiniti Research is a leading market intelligence company providing smart solutions to address your business challenges. Infiniti Research studies markets in more than 100 countries to help analyze competitive activity, see beyond market disruptions, and develop intelligent business strategies. To know more, visit: https://www.infinitiresearch.com/about-us
US: +1 844 778 0600
UK: +44 203 893 3400