Latest Trends in the Pharmaceutical Industry
Authors: Mohammed khamees Al Otaibi, Abdullah Omar Albedah, Bassam Ali AlDuwairij, Ma’an Mohammad Ali Altaf, Mansoor Abdulrahman Alghazi, Albogami Abdullah Monahi6
Country: Saudi Arabia
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Abstract: The pharmaceutical industry is constantly evolving with advancements in technology, changes in regulations, and shifts in consumer preferences. This essay explores the latest trends in the pharmaceutical industry, including personalized medicine, digital health, artificial intelligence, and drug pricing transparency. The methodology involves a thorough review of recent literature from reputable journals, and the results highlight the impact of these trends on the industry. The discussion delves into the opportunities and challenges posed by these trends, limitations in implementation, and the future implications for the pharmaceutical sector. Ultimately, this essay concludes that the pharmaceutical industry must adapt to these latest trends to stay competitive and meet the needs of patients worldwide.
Keywords: pharmaceutical industry, trends, personalized medicine, digital health, artificial intelligence, drug pricing transparency
Paper Id: 231354
Published On: 2020-03-03
Published In: Volume 8, Issue 2, March-April 2020
Cite This: Latest Trends in the Pharmaceutical Industry - Mohammed khamees Al Otaibi, Abdullah Omar Albedah, Bassam Ali AlDuwairij, Ma’an Mohammad Ali Altaf, Mansoor Abdulrahman Alghazi, Albogami Abdullah Monahi6 - IJIRMPS Volume 8, Issue 2, March-April 2020.