Although we are in the golden age of innovation, the highly regulated and competitive life sciences industry is rife with challenges, including increasing global pricing pressures, ballooning volumes of data, and lowering returns on R&D investments.
And with the move toward novel therapeutic modalities, life science organizations must balance the drive to innovate and develop more complex and personalized therapeutics with the need to increase ROI.
Amid these challenges, life science organizations are discovering new opportunities to overcome barriers to innovation using cloud technology.