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Technology Revolution: The Future of Now

Pharma and Technology: Higher Outcomes, Lower Costs

Technology Revolution: The Future of Now

Bonnie D Graham

Business News, Technology, News

4.9 β€’ 108 Ratings

πŸ—“οΈ 17 September 2014

⏱️ 56 minutes

🧾️ Download transcript

Summary

The buzz: Pharma. Populations are aging. Chronic diseases are increasing, with new strains emerging at an alarming rate. For these reasons and more, global healthcare costs are skyrocketing and pressure is mounting to develop innovative pharmaceutical drugs. How can pharma organizations accelerate R&D – without compromising quality – to deliver new therapies that effectively fight complex, life-threatening illnesses like cancer? Is technology the key to improving patient outcomes while reducing costs? The experts speak. Ashish Goel, Infosys: "We cannot solve problems by using the same kind of thinking we used when we created them" (Albert Einstein). Alan S. Louie, Ph.D, IDC Health Insights: "May you live in interesting times" (Ancient Chinese curse). Joe Miles, SAP: "If it's not documented, it's just a rumor" (from a former FDA investigator). Join us for Pharma and Technology: Higher Outcomes, Lower Costs.

Transcript

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0:00.0

Welcome to the most nutritious hour of business talk all week.

0:13.4

This is Coffee Break with Game Changers, presented by SAP.

0:17.4

The best run business is run SAP.

0:20.0

Your host and moderator is Bonnie D. Graham.

0:22.4

You'll hear from the innovators who have learned to use game-changing technologies to shake up the status quo and help move today's businesses in new directions.

0:30.2

Now, here's Bonnie D. Graham.

0:32.5

Welcome, welcome, welcome.

0:34.0

And if you want to run with the game changers, you are in the right place.

0:37.8

Today's buzz, this is a hot topic, so listen up.

0:40.7

It impacts everybody.

0:42.6

The topic is pharma and technology.

0:45.2

Let me get started.

0:46.6

We all know populations are aging.

0:48.9

Yep, we are.

0:50.3

Chronic illnesses are increasing.

0:52.1

Just look around you, talk to friends and relatives, and new

0:55.3

disease strains are emerging at an alarming rate. You know what's in the news every minute right now.

1:01.3

Add to this mix the soaring number of patients in a greater spread of geographies. On top of that,

1:06.9

add global regulatory mandates, then factor in variable dosage needs. Think about the

1:12.7

shelf life of pharmaceuticals and medications, and it's no wonder that we're looking at global

1:18.3

health care costs that are skyrocketing. At the same time, there's pressure on pharma to develop

1:23.7

innovative drugs to save more lives. That's what it's really all about. There's an urgency.

...

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