An overview from the SMR:
Currently neither traditional Pharma nor big tech companies have the full end-to-end capabilities to compete effectively in the future healthcare market alone, which has led to an evident and significant increase in their partnerships. These partnership aims to exploit the many new scientific breakthroughs, to empower consumers to take control of their own health, to increase development of personalised therapies, to speed up drug discovery and ultimately decrease the healthcare cost at the global level.
Despite the promise of many benefits for these partnerships, the industry must proceed with caution. The speed of technological innovation means that regulation and monitoring can struggle to keep pace. This could potentially jeopardise patients’ confidentiality, genetic privacy and even their health.
A panel of experts from industry, CROs, medical charities and VCs will share some of their experiences and lessons learned on how these institutions have developed strategies to deal with this evolving landscapes.
A very informative day.