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Scrip Asks...What Does 2022 Hold For Biopharma? Part 1: Markets, Competition And Business Strategy

Transformative AI Needed To Offset Pressures On Production, Pricing And Supply Chains

 
• By Eleanor Malone

Biopharma industry leaders highlight key concerns and opportunities across production, supply chain and commercial operations. Business transformation is top of mind for many, perhaps unsurprisingly following two years of rapid and mostly successful adaptation to the strictures of the COVID-19 pandemic.

Scrip Asks, Part 1
• Source: Alamy

As we enter the third year of the COVID-19 pandemic, the pharma industry has begun to adapt and grow around its constraints and opportunities. After the all-hands-on-deck scramble in early 2020, businesses are increasingly able to reroute their energies to other priorities once again. Nevertheless, COVID-19 has shed light on systemic weaknesses that need to be addressed, and accelerated shifts towards virtual models of working.

In terms of growth, COVID-19 therapeutics and vaccines will provide a boost in revenues over the coming years, but industry...

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