Biopharma’s Role in Transforming the Oncology Marketplace
This article was published in the Pharmaceutical Executive which can be accessed via https://www.pharmexec.com/view/biopharma-s-role-in-transforming-the-oncology-marketplace
Overview
Today, almost one-third of the industry pipeline is concentrated in oncology which is exciting for patients and caregivers. This article shares our perspectives on key trends shaping the oncology marketplace and how biopharma must adapt to stay focused on bringing personalized solutions to cancer patients. This approach highlights the following 8 key areas:
Advances in science and technology are driving the pace of innovation
Precision medicines are facilitating personalized solutions
The regulatory environment is conducive to advancing cancer treatments
The reliance on real-world evidence to support therapy decisions is increasing
Market access concerns linger while performance-based contracts are becoming mainstays
Artificial intelligence is driving significant improvements in care management
The social media ecosystems are positively impacting patient engagement
COVID environment is profoundly altering cancer care
Authors
Subbarao Jayanthi, Managing Partner of RxC International
William Smith, Management Consultant at RxC International
About RXC International
RxC International is a premier biopharma strategy consulting firm helping clients with growth strategies. The firm has deep expertise in new product planning and commercialization strategy. Our clients include leading pharmaceutical and biotechnology companies around the world. The firm has offices in New Jersey, Massachusetts, and California. Additional information about RxC International is available at www.RxCInternational.com.
If you have any questions or need additional information, please contact us at info@RxCinternational.com
Featured in the Pharmaceutical Executive in January 2023