The vital role that advanced digital technologies played during the height of the Covid-19 pandemic is now well documented: the unprecedented levels of cooperation that new digital channels enabled, the patient-focused digital devices that supercharged engagement with patients, and the unparalleled level of data sharing that brought vital vaccines to patients in record timelines. As we emerge from the shadows of the crisis, building on the digital momentum that has been unleashed will be vital to boosting resilience and preparing for the next stage of pharma industry growth.

The range of digital tools and solutions employed by the pharma industry has increased exponentially in recent years. Industry 4.0 technologies are already streamlining and modernising the entire range of pharma business functions, from manufacturing, supply chain, quality control and pharma labs to R&D, commercial, compliance and finance. Next-generation technologies, including quantum computing, web 3.0, the metaverse and 6G will create the next level of opportunities for the industry.

Despite the growing recognition of the value of digitalisation for pharma companies, barriers to progress remain. Many digital health initiatives face challenges when it comes to succeeding at scale; many processes in drug development, manufacturing and supply chain management still involve paper and manual processes; and too many pharma companies face difficulties in attracting and retaining the digital talent that will enable them to make full use of the competitive edge that a commitment to digital transformation can confer.

This timely webinar presented by the Financial Times in partnership with Infosys, brought together life science leaders and technology experts to examine how pharma companies are embracing digital to deliver real and impactful change in their organisations while overcoming barriers to change. It explored the evolution of digital in pharma, what’s next on the horizon and how the on-going digital transformation will impact and reshape the operational and business models of the industry.

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