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In theory, this will allow for highly tailored, personalized therapy plans with superior efficacy and minimal sideeffects. Manufacturing Optimization While the manufacturing industry lags behind others in terms of AI uptake, there is no shortage of potential ways to leverage this technology.
It is noteworthy that Malaysia has a pharmaceuticalmanufacturing sector that almost exclusively produces generic drugs, with sales revenues amounting to only 1.5% I understand that in developing countries, citizens can usually trust that the medicines on pharmacy shelves are safe, authentic, and effective.
With the use of trailblazing digital platforms, cost-effective technologies, big data analytics, blockchain, and artificial intelligence (AI), the landscape is undergoing a massive transition. The global pharmaceuticalmanufacturing market stood at USD 405.52 billion in 2020 and will project growth of USD 4.18
Impact on drug pricing and affordability Increased API costs may force some manufacturers to reduce output or exit the market entirely, reducing competition and potentially driving price inflation” Rising production costs due to tariffs could lead to higher drug prices, particularly in markets where pricing pressures are already a concern.
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