“There’s no one company, government, person or technology who is positioned to ‘solve’ the health of the world,” notes Haleon's Nick Tate. Which is why OTC companies are partnering with tech firms large and small to create the next generation of consumer healthcare products and services. In the first part of an exclusive interview on the future of digital consumer health, Tate – who heads up the firm’s incubator business, Haleon NEXT – discusses some of the complications of tech innovation that make such collaboration attractive.
If consumer healthcare companies are to seize the significant opportunity represented by digitalization, it is likely they will have to partner with tech firms like Google Health and Microsoft Corporation.
Many leading OTC firms are already doing this. Haleon plc has recently collaborated with Microsoft to expand the latter’s...