Scrip Asks…What Does 2024 Hold For Biopharma? Part 4: Transformative Technology

The Rise And Rise Of Artificial Intelligence

More than 75 industry executives and experts gazed into the crystal ball and shared with Scrip their predictions around transformative technologies. Perhaps unsurprisingly, AI was the dominant theme – but gene editing, cell therapies and new targeting modalities were also among the highlights.

Scrip Asks, Part 4
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“I’m optimistic when it comes to both the integration and the impact of transformative technologies across the life sciences industry,” said Jessica Federer, Bayer’s former chief digital officer and a board member and investor for companies in the health sector. “Incumbents, investors, and founders have learned from the over-promising and under-delivering first generation of digital and are investing and implementing with much more realistic expectations of results, and importantly, reimbursements. This translates into slower but more sustainable progress.”

Federer foresees tangible results from the use of technology across the spectrum of companies’ activities. “We can expect to see a broader adoption of technologies delivering more meaningful results for operational efficiency, manufacturing, drug discovery and development, regulatory, market access and commercial success

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