Life Sciences companies are grappling with complex issues:
There’s significant pressure to reduce operating costs and increase margins to ensure profitability.
Global M&A continues to disrupt the industry, blurring historical lines between sectors and forming larger competitors.
A changing political climate means new regulations for healthcare apps, wearable tech and medical devices, added pressure to regulate prescription prices, and a push to privatization in nationalized healthcare countries.
Amazon making inroads as a competitor across the industry – building out its healthcare team, promoting acquisition PillPack services to its customer base, creating clinics and adding consumables and medical devices to its marketplace.
Patients are demanding quicker response times, better visibility into orders, and value-added services.
Expansion of personalized medicine and holistic health offerings, including increased digital services.
New and merging channels require the merging of fulfillment processes, systems and software for direct-to-consumer, doctors, and hospitals.
You need a partner to help navigate these changes and their impacts on the supply chain. Fortna can help.
“Fortna helps Life Sciences companies balance optimizing distribution operations for speed and cost with complying with increasingly complex pedigree requirements.”