At Resonate we help senior IT professionals in the pharma and biotech space increase operational agility and reduce time to market. We do this by helping you leverage your investment in O365 & Microsoft Teams to provide a single interface for communication, collaboration and access to key data sources. We understand the importance of bringing your best people together and the impact of simplifying administrative workflows without sacrificing compliance.
With the recent race for the Covid-19 vaccine, the world’s appreciation of the value of drug development, and the challenges that go with it, has never been higher. Covid aside, this is a huge market and the rewards for the winners are substantial. But then so are the costs. $60 billion is spent on drug development each year, and the estimated average cost of bringing a drug to market (including drug failures) is now $2.6 billion—a 140 percent increase over the past ten years.
More biologics drugs are being approved now than at any other time in the last 10 years. This is leading to even more intense competition between drugs that treat the same diseases. Speed to market is crucial in any industry, but especially in biopharma. The formula is simple: the faster you can get your drug to market, the more time you will have to profit from it. But, more often than not, picking up the pace is easier said than done.
Increase operational agility and reduce time to market by leveraging your investment in O365 and Microsoft Teams. These platforms provide a single interface for communication, collaboration and access to key data sources. With first-hand experience, we understand how important it is for organisations in this sector to bring their best people together in the most seamless way possible. We appreciate that it’s also vital to try and simplify administrative workflows without sacrificing all-important compliance.
Through application development within Microsoft Teams, businesses in the biopharma industry can finally connect all the tools they need for a successful workforce in one, unified space. This synergistic environment paves the way for consistent team experiences, even in a hybrid world.
In this rapidly evolving environment, the biopharma industry will be looking for ways to improve collaboration, empower their employees and add agility to enable them to adapt to new market trends. This is where Microsoft Teams can help.
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