3D printing technologies are starting to be applied in pharma manufacturing - everything from prototyping drug delivery devices to developing customized pills that can target specific areas of the body. In future, 3D printing could be used to produce affordable personalized drugs on demand.

Global Pharma 4.0 promises to deliver immense societal benefit. It could realize the vision of predictive, preventive, personalized and participatory health systems while ensuring global access to innovative and affordable treatments. Most importantly, advanced technologies will aid in developing therapies for conditions currently without cures – saving countless lives. With the right strategy and execution, the pharmaceutical industry stands on the brink of its biggest transformation yet.

Overcoming these hurdles will require vision, innovation and collaboration. Pharmas must be open to transforming their traditional business and operating models through strategic partnerships, co-creation with startups and digitally savvy consultants. Governments and industry bodies too have a role facilitating the responsible adoption of emerging technologies through guidelines, funding support and reskilling programs.

Get more insights on Global Pharma 4.0