Why the Next Era in Pharmaceuticals Will Be About Patient-Centric Innovation

 
 

From molecule to market: The cycle of healthcareHybrid banks provide new-age consumers:

  • Pharma or life sciences companies

    • Identify the disease that needs a cure

    • Discover and test medicine molecules  

    • Gain regulatory approvals to market the medicine 

    • Manufacture the medicine in compliance with quality guidelines  

    • Set up a supply chain to distribute the medicine locally

    • Build doctor awareness about medicine efficacy and safety 

  • Healthcare provider (private or public)

    • Diagnose the disease in a patient 

    • Prescribe the medicine and other healthcare advice

    • Ensure the patient complies with the required dosage 

  • Medical device manufacturers and diagnostics service providers

    • Develop instruments and tests to identify and treat the disease 

  • Health insurers (private or public)

    • Provide affordable access to the medicine and diagnostics services through financial assistance