Categories: Health

Future-forward pharma: ISHVAN Pharma MD Sanjeev Nanda lists trends that will rule the industry in 2021

Although a bit slower than others in adopting the latest technological innovations, the pharmaceutical sector has nevertheless undergone rapid changes due to the advent of several innovations, and is expected to continue doing so in 2021. MD of Dubai-based ISHVAN Pharmaceuticals, Sanjeev Nanda lists a few trends that will rule the industry in the year to come. Read on:

Artificial Intelligence

The advent of artificial intelligence (AI) and machine learning has transformed a great many segments, and pharma is not untouched either. According to Sanjeev Nanda, AI is going to play an important role in the growth of the sector, since a great many startups have already begun exploring the use of this technology to address various challenges that the sector faces. With the help of AI, patient identification can be simplified, along with the process made cheaper and faster.

Flexible Production

Flexible production through the employment of single-use technology can be another trend that will rise in the upcoming year. The technology can effectively reduce downtime and increase productivity through the elimination of complex steps like validation and cleaning between separate production stages. It also helps minimise the production of waste, along with reducing the energy needs.

Precision Medicine

The emergence of the pandemic and its different effects on different set of people has brought forth the need of treating each patient as a unique individual with unique set of medical needs. Precision medicine addresses this challenge, and hence has great potential for growth in 2021, says Sanjeev Nanda. According to him, the trend will grow not only in the next year but also in several years to come. The crisis created by Covid-19 pandemic has driven the pharmaceutical industry on a path of unprecedented change. This will reflect evidently in the industry trends for the upcoming year, as the world continues its fight against the

Leave a Comment

Recent Posts

Opportunities For Investment In The Digitized Real Estate Sector On The Back Of Modern Technology!

Technology has crept into even the most trivial aspect of our lives. Digitization of every sector of the economy is… Read More

3 days ago

InvITs Can Transform Both Infrastructure And Investment Sectors: Deepak Talwar

Deepak Talwar, a veteran lobbyist in India’s corporate world, sheds light on the growing popularity of InvITs. As the National… Read More

4 days ago

Rudraksh Immigration Group highlights the advantages of having a foreign degree!

Rudraksh Immigration Mohali is one of the pioneers in the field of overseas education consultancies located in Mohali. They have… Read More

1 week ago

Virat Kohli Business Ventures Highlight His Entrepreneurial Skills!

Virat Kohli is one of the most famous names in the world of cricket around the world. Being a religion… Read More

1 week ago

Indian Edtech Startups Could Get A Huge Boost Due To China’s New Policy For Its Edtech Sector!

Edtech is a term that almost didn’t exist in India just a few years ago. But today, it is India’s… Read More

3 weeks ago

Amazon, Flipkart Aiming A Giant Leap Towards Sustainable Green Delivery Through Commercial EVs!

EVs (electric vehicles) seems to be the way forward for the automobile industry in India. Now, this transition ought to… Read More

4 weeks ago