2024GlobalLifeSciencesSectorOutlookDrivingresiliencyContentsIntroduction3Valuecreation:M&A,partnerships,collaborations,newsourcesofcapital,andshiftingportfolios5ExtractingvaluefromGenerativeAIandemergingtechnologies17Pricingpressuresrisingglobally,threatsofimpactsonR&Dinnovationworldwide31AcceleratingspeedoftimetovalueinR&D48Shiftingtrendsinopenness:Globalizationvs.localizationandimpactsformultinationalcompanies60Achievingbetterpatientoutcomeswithpersonalizedexperiencesandshareddecision-making75Contacts90Learnmore92Endnotes942IntroductionWiththeglobalpandemicfirmlyintherearviewmirror,lifePartnershipsandcollaborationsinconjunctionwithAIsciencescompaniesarelookingatkeymacro-andmicro-andGenAIarealsodrivingnewtrendsinacceleratingtheeconomicdriverstoguidetheirfuturegrowth.WhilethespeedoftimetovalueinR&D.Withongoingregulatorylistoftrendswithwide-rangingglobalimpactisbroad,inchanges,pricingpressures,andlossofexclusivityinthisyear,lifesciencesenterprisesarepayingparticular2024,companieswillneedtoharnessthepowerofattentiontothosemoredisruptivetrendsincludinginnovation3andleveragethepotentialofAIandGenAIincreasingpricingpressuresandchangesinUnitedStatestodemystifycomplexdiseasebiology,expeditedrugregulation,theaccelerationofGenerativeAI(GenAI)discovery,cutstudytimelines,revitalizetheclinicaltrialadoptionandimpact,thege...
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