transformation through innovation life sciences …
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Global executives, on average, attribute 63 percent of their companies’ market value to their companies’ overall repu-tations. This hinges on many indicators including quality and safety of products/services, product/service innovation, industry leadership and technological advancement. Since many factors influence a company’s reputation, organiza-tions must not overlook any of the drivers (Weber Shandwick, The State of Corporate Reputation in 2020: Everything Matters Now). At the same time, companies should prioritize their efforts and focus on the core of their business.
Science-driven companies like Pharma and Biotech generate returns from investments in innovation. The cost of bringing an asset to market is steadily increasing, and average cycle times for late-stage assets are at a seven-year high. As a result, organizations must transform to improve innovation productivity for higher Return on investment, competitiveness and corporate reputation (Deloitte, Seeds of change – Measuring the return from pharmaceutical innovation 2020).
TRANSFORMATION THROUGH INNOVATIONLIFE SCIENCES EXECUTIVE MANAGEMENTDatasheet
In the face of low R&D productivity, long cycle times for late-stage assets, continuing patent expirations, increasing competition, growing globalization and intensifying compliance pressure, Life Sciences companies must remain committed to building and maintaining strong reputations today with a clear focus on:
• Selecting the right strategy to drive productivity
• Driving innovation to deliver superior products/services to patients, doctors and healthcare providers
• Leveraging global presence to accelerate growth
• Building successful industry partnerships
• Providing industry-leading return of capital to shareholders
A trusted, strategic informatics partner can improve innovation productivity and reduce reputation risk for Life Science companies by engaging with them to:
• Unleash collaboration and open innovation across the organization
• Harmonize data, models and knowledge across functional domains
• Ensure the highest standards of quality and compliance across the product lifecycle
Transitioning to a digital enterprise foundation is the first step in building a shared informatics environment where internal and external partners can collaborate effectively to turn research breakthroughs into successful new therapeutics.
Standardizing on an integrated digital informatics solution from Dassault Systèmes BIOVIA® can turn your Life Science vision into action and results by helping organizations move to data-driven deep learning made possible by an end-to-end, model-driven culture and shared knowledgebase that improves collaboration and accelerates productivity in advancing high quality candidates to market.
(Deloitte, Seeds of change – Measuring the return from pharmaceutical innovation 2020)
“Life Science organizations report up to 50% gains in efficiency and throughput, as well as higher quality results, when leveraging integrated solutions that make scientific information more readily available across functional domains.”
— Reported at BIOVIA User Group Meeting
DS-9785-0821
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Our 3DEXPERIENCE® Platform powers our brand applications, serving 11 industries, and provides a rich portfolio of industry solution experiences. Dassault Systèmes, the 3DEXPERIENCE Company, is a catalyst for human progress. We provide business and people with collaborative virtual environments to imagine sustainable innovations. By creating ‘virtual experience twins’ of the real world with our 3DEXPERIENCE platform and applications, our customers push the boundaries of innovation, learning and production.
Dassault Systèmes’ 20,000 employees are bringing value to more than 270,000 customers of all sizes, in all industries, in more than 140 countries. For more information, visit www.3ds.com.
INDUSTRY SOLUTION AND VALUEDigital scientific solutions from BIOVIA can position a Life Science organization as an industry leader capable of innovating and accelerating a rich pipeline of product candidates, while also ensuring the highest standards of quality and compliance. By improving end-to-end visibility into predictive outcomes, eliminating barriers to collaboration and leveraging predictive, data-driven decisions, organizations can achieve a more integrated and holistic research experience that transforms biopharmaceutical research, development, quality and manufacturing.
Life Science organizations can leapfrog the competition by 4-7 years and take the lead in developing high growth, innovative treatments by strategically partnering with BIOVIA to:
• Reduce risk of late-stage attrition
• Accelerate pipeline through better science and enhanced cross-functional collaboration
• Unify intellectual property protection efforts
• Harmonize information, modeling/simulation and knowledge
• Achieve end-to-end innovation productivity
• Ensure quality and regulatory compliance through data security, integrity and traceability
WHY DASSAULT SYSTEMES BIOVIA?The process of creating successful medicines today requires new ways of “connecting the dots” to the patient from initial project conception and discovery through development, registration and commercialization of therapeutics. Dassault Systèmes BIOVIA understands this challenge and is committed to partnering with Life Science companies to advance the pace of drug development and commercialization.
Bring your company’s enterprise vision into sharper focus by entering into a business partnership and executive commitment with Dassault Systèmes BIOVIA. The goal will be to achieve a strategic set of objectives with the aim of achieving significant, mutually-agreed transformational business results for your company.
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