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McKinsey Exec On Pharma's Digital Shift, Deal-Making Expectations

 
• By Anju Ghangurde

McKinsey India's head of pharmaceutical and healthcare practice shares insights on pharma’s risk management efforts and accelerated deployment of digital technologies, including augmented reality headsets for shop floor operators amid the pandemic. He expects a broad surge in deal-making and says pharma is poised for a “full recovery” soon.

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McKinsey Executive Outlines Pharma's Trajectory Amid COVID-19 • Source: Shutterstock

The coronavirus pandemic has meant that pharma has had to overhaul traditional business approaches and adopt new tools and technologies at break-neck speed, minutely weigh risks and opportunities and alongside ensure that compliance and employee safety remain prioritized.

In an interview with Scrip, Sathya Prathipati, senior partner and head of the pharmaceutical and healthcare practice at McKinsey India, outlines how pharma is de-risking multiple aspects of business, including...

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