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Top Five Forces Shaping Life Sciences in the Future—#5 A Convergence of Industries

New white paper from PMMI Business Intelligence outlines the top five forces shaping the pharmaceutical and medical device markets. Lines between drug and device increasingly blurred.

Top five forces shaping life sciences in the future
Top five forces shaping life sciences in the future

As product technology advances and the general demand for healthcare expands, pharmaceutical and medical device manufacturers are blurring industry lines as innovative products continue to emerge. In order to address healthcare needs, manufacturers are exploring new technologies that enable better patient compliance, utilize unique drug delivery methods, and improve package integrity and product safety.

  • Device manufacturers have partnered with pharmaceutical companies to develop implantable devices that perform tests and dose medication automatically.
  • Pill bottles can be equipped with digital timestamp read outs that remind patients to take their medication, and are able to be monitored remotely by a doctor to ensure dosages are taken correctly.
  • Small adhesive patches are packed into capsules that when swallowed, dissolve and adhere to the intestinal wall to deliver time released medication.
  • Transdermal patches embedded with an array of small needles are being tested to replace the traditional syringe injection method for vaccines.
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