[GENBio News] Key Life Science Industry Trends For 2019

The life sciences sector is inherently complex and operates under different pressures and influences compared to other industries. A recent report from members of the Pistoia Alliance, claims that the central theme of all emerging trends for 2019 and beyond is the continuing need for greater cross-industry collaboration. Moreover, the healthcare industry continues to explore the utility of AI, machine learning and blockchain technology to augment standard models and processes.

Key trends for the life science industry in 2019 based on The Life Sciences Innovation Report developed with Clarivate Analytics are:

1. Innovation is being driven via collaboration from multiple industry stakeholders
2. Technologies are being adopted to advance drug research
3. New types of research are coming to the forefront
4. Digitization of R&D and healthcare will increase
5. Academia is increasingly contributing to biologics R&D