Apple Vision Pro: challenges and opportunities for pharma

Source: PMLive The launch of the Apple Vision Pro in early 2024 has re-ignite the conversation around virtual reality (VR) and augmented reality (AR) in healthcare – particularly for pharmaceutical companies. Apple’s headset, announced in mid 2023, was released in the US recently and in other countries later in the year. Interest in VR and […]

India allocates Rs 5,000 crore to propel research and innovation

Source: Business Insider In a move towards advancing research and innovation in the pharmaceutical and medical technology (Pharma-MedTech) sector, the Ministry of Finance announced the “Promotion of Research and Innovation in Pharma-MedTech” (#PRIP) initiative. The Ministry of Finance posted on X, “Promotion of Research and Innovation in Pharma-MedTech #PRIP was announced as a long-term scheme […]

Pharma Giant Alkem Laboratories Faces Security Breach

Source: The420.in MUMBAI:  Pharmaceutical giant Alkem Laboratories confirmed Friday that a cybersecurity incident led to a fraudulent transfer of Rs 52 crore from one of its subsidiaries. While the company maintained the impact was minimal and confined to a specific incident, the disclosure raises concerns about vulnerabilities in India’s pharmaceutical sector to cyberattacks. Compromised Emails, But […]

Generative AI in the pharmaceutical industry: Moving from hype to reality

Source: mckinsey.com The technology could offer pharma companies a once-in-a-century opportunity – but only if they learn to scale it and address the industry’s unique challenges. Accelerated drug discovery. More efficient clinical trials. Quicker regulatory approvals. Ultra targeted marketing and medical materials generated in-house. Generative AI is transforming nearly all aspects of the pharmaceutical industry, revamping […]