The pharmaceutical industry has been slow to adopt technology, but there is a growing recognition of the potential benefits that technology can bring to drug development. The systematic review you mentioned identified four key ways that technology can be leveraged to gain efficiencies within drug development:
Big data and AI can create efficiencies within the drug development process. Big data analytics can be used to identify patterns and trends in patient data that can help drug developers to target their research more effectively. AI can be used to automate tasks such as data mining and drug discovery, which can free up scientists to focus on more creative and strategic work.
Mobile technology can streamline clinical trials. Mobile devices can be used to collect patient data more easily and efficiently, which can speed up the clinical trial process. Mobile technology can also be used to provide real-time feedback to patients and researchers, which can improve the quality of clinical trials.
Building a technology-centric organizational culture facilitates the adoption of technological efficiency gains. A technology-centric organizational culture is one where employees are encouraged to use technology to improve their work. This type of culture is essential for the successful adoption of new technologies, as it creates an environment where employees are willing to experiment and learn new skills.
New financial, regulatory and data security challenges emerge when technology is applied to drug development. As technology becomes more pervasive in drug development, new financial, regulatory and data security challenges will emerge. It is important for drug developers to be aware of these challenges and to develop strategies for mitigating them.
The findings of this study suggest that technology has the potential to significantly improve the efficiency of drug development. By adopting the right technologies and building a technology-centric organizational culture, drug developers can bring new therapies to market faster and improve the health and well-being of patients.