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Slew Of Challenges Calls For Revised Biopharma Playbook

 
• By David Wild

While not immune to the impact of a storm of macroeconomic pressures, pharma companies have pulled through before, and they’ll do it again. However, this time around, the economic, geopolitical and internal cost and revenue pressures are unique and weathering the near-term turbulence will call for smart investment strategies that not only focus on quality assets, but that update companies to take advantage of new digital opportunities.  

Facing A Unique Mix Of Challenges, Biopharma Needs A New Business Strategy • Source: Shutterstock

An economic recession, looming patent cliffs, high asset valuations, geopolitical instability and the Inflation Reduction Act -- the list of concerns will give even the most equanimous biopharma executive a throbbing headache. However, with the right investments, companies can see themselves through the next few years relatively unscathed, EY's Americas head told In Vivo.

The firm analyzed how the biopharma industry has fared through threedecades of macroeconomic ups and downs, looking at parameters such...

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