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PwC in the 'Pharma and Life Sciences' sector
As a decision maker in pharmaceutical and life science you are facing major challenges every day: pressure to reduce costs and increase efficiency, urgency to innovate and leverage potential of digital and other exiting technologies to address patient needs, increasing regulation, global competition, disruption and convergence of the market. My team of passionate consultants and I would love to discuss with you how your company can successfully navigate in this demanding environment.
Dominik Hotz, Health Industries Leader Switzerland and PwC Europe
A combination of regulatory, market, scientific, and technological forces is likely to mean that pharmaceutical manufacturing will undergo rapid change in the next five to ten years. There is a need for companies to consistently align investment with their vision of the manufacturing that will be needed in the future. We can help companies achieve the change required and their goals by utilising our firm's in-depth industry expertise.
Today companies are concerned about the cost and efficiency of their supply chain. We work with our clients to help them identify options such as outsourcing of manufacturing and distribution at an early stage of the business and product planning process.
In the current environment of poor product pipelines and broader customer bases, the traditional sales and marketing model of driving revenue with ever larger sales forces is no longer sustainable. PwC can work with you to develop and implement a commercial model considering all important factors such as targeting sales and marketing resources accordingly to the customer needs and the relevant regulations – on a global, regional and local affiliate level.
Companies are addressing important questions about existing and future revenue generation, and how to align operational and financial tactics to enable their chosen corporate strategy. We are working with our clients to explore strategic options and begin the process today of restructuring their business for tomorrow.
Together with our clients, we use a combination of industry and technology expertise to develop process improvements that assist you in getting value from technology investments.
The Pharmaceutical and Life Sciences industries are among the most heavily regulated industries in the world. We work with our clients to audit and develop management systems which enable greater transparency across the firm, inform the development of new approaches to a broad range of regulatory compliance, risk management procedures and help improve performance.
We work closely with our clients to help formulate a new strategy for success and achieve increased performance by improving the efficiency and effectiveness of the company’s R&D operations.
The tax environment, especially in Pharma & Life Sciences, is continually changing. It’s becoming more difficult to comply with tax, legal and regulatory requirements in an efficient and cost-effective manner. Our deep knowledge and well-connected global network allow us to react quickly and help our clients with their daily business challenges or on unique projects.
Technology is shaping the way we do business more than ever before. Finding the right tools can make you successful. Discover PwC’s four cutting-edge digital tax and regulatory solutions for pharma & life sciences companies and how they can add value to your business, help you comply with new laws and stay up to date with upcoming changes.
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