Wednesday, December 22th 2021
This week in
Disruptions ahead for Biotech and Pharma
This week’s must read
Laboratories must meet ever-increasing demands for accuracy and speed of analysis, as well as productivity and flexibility, as well as regulatory and environmental restraints. When people are involved, however, speed, quality, and reliability are especially difficult to harmonize. Automation is one option.
This Week’s Must Read is an insight piece from SPC Consultants on how laboratories have to adapt and prepare for the new digital era of digitization and automation.
National payers in Europe are under increasing financial strain, and they want to give access to and fund novel treatments to improve patient care, but they must do so within budget constraints. What efforts are they taking to keep expenses down while preserving care quality?
Many pharma/biotech businesses have been reimagining how to deliver improved patient outcomes with acceptable economic value across a broad spectrum of stakeholders as the healthcare environment continues to advance at a rapid pace.
The hunt for a cure or prevention for COVID-19 has drawn a lot of attention from the government, the media, and the general public, reinforcing the impression that biotech acquisitions and partnerships are a smart investment. Can the industry continue to develop at a rapid pace?
Clinical trials have been virtualized for a long time, but cultural and regulatory hurdles have impeded deployment. With over 1200 clinical studies worldwide being halted owing to the SARs-CoV2 pandemic 1, virtualizing clinical trials has been emphasized for its prospective benefits and opportunities.
This week’s Consulting News
In a field full of worthy opponents, Rivers Agile was named Innovator of the Year: Solutions Provider – Services for 2021. The Pittsburgh Technology Council’s Tech 50 Awards recognize the region’s fastest-growing and most innovative technology businesses, as well as their top executives, on an annual basis.
The team was overjoyed to win the latter after being finalists for both CEO of the Year and Innovator of the Year. | Ben Wilson@Rivers Agile
In the HFS Top 10 for Energy Services1, Tata Consultancy Services (TCS) was listed among the top three service providers. TCS came in second place for customer voice, overall execution, and technology usage and development. | Debashis Ghosh@TCS
Booz Allen Hamilton has announced the opening of a new office in Honolulu, Hawaii, to extend the firm’s present footprint in the region and fulfill rising mission demand.
The facility, which is located in First Hawaiian Center, employs 250 people and has a variety of capabilities, including an artificial intelligence (AI) and innovation center. | Amanda Allison-Martini@Booz Allen Hamilton
EY has launched Operating Model Transformation, a tool that assists consumer goods (CP) firms in reshaping their operating models.
Dynamic ecosystems, digital DNA, talent flexibility, innovation platform, and lasting purpose are the five integrated design aspects that the solution is based on to analyze where a firm is in its transformation path and where it needs to go. | Maya Vautier@ EY
This week’s media
Biotechnology has swept through modern life. Biotechnology pervades practically every element of civilization, from its critical involvement in agriculture, health, genetics, immunology, and other scientific and non-science fields, to its critical contributions in the race to discover the COVID-19 vaccine.
Consulting sourcing tips
Basically, reverse auctions are a type of bidding process where suppliers undercut each other and progressively reduce their price.
When you launch a project, be it a project involving consultants or not, managing change from a project perspective is necessary and convince your stakeholders that this project is essential. Who are the stakeholders exactly?
Implementing demand management for consulting services means building a decision-making process in order to filter the projects you want to launch based on their impact on your business and keep your expenses under control. It gives you a great opportunity to boost the transformation of your organization. Still, it requires some degree of centralization and transparency. So what’s the key to a successful demand management system?
Previous Weeks’ issues
Smart Medical Devices are shaping up a connected and data-driven healthcare infrastructure with AI and IOMT in the driver’s seat. Join TWIC to explore MedTech 2022.
Here we share a few carefully curated thought leadership pieces to help you stay current on the future of sourcing and stay prepared for what is coming our way.
AI’s current objective is to employ powerful computing technology to assist people in making judgments that previously had to be made only by humans. Actuaries are hired to study data and render educated Actuarial Opinions in healthcare (and other industries)