Scientific Online Resource System

Annual for Hospital Pharmacy

How next generation digital technologies are transforming the pharmaceutical industry

Svetoslav Tsenov

Abstract

The introduction of new digital technologies in various business sectors leads to numerous changes in the business environment. One of the most tangible such changes is the transformation in the pharmaceutical industry produced by the expanded application of cloud systems, artificial intelligence, and machine learning.

The use of autonomous devices and systems is vital in producing high-quality medicines at lower cost and in less time. The research and development phase for developing a new pharmaceutical product is very long and expensive compared to conventional products, and the use of advanced technologies in this process can bring huge benefits to the pharmaceutical industry, while providing an opportunity for regulatory authorities to track all stages of the process with greater transparency and less effort.


Keywords

digital technologies, artificial intelligence, pharmaceutical industry

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DOI: http://dx.doi.org/10.14748/ahp.v8i1.8608

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