G20 Global Pharma Summit Series-Indonesia

The pharmaceutical industry has expanded rapidly in recent years, and it is expected to reach USD 1.5 trillion by 2023. The sector is undergoing a transformation as a result of the usage of cutting-edge digital platforms, big data analytics, cloud computing, and artificial intelligence (AI). From new treatment modalities to smart devices, advanced analytics, and digital connection, pharmaceutical firms are undergoing a wave of innovation. Although these consequences are difficult to accept, they may represent an opportunity for cost reductions in a variety of areas.