The year 2021 opened up many new possibilities for Life Sciences. The COVID-19 pandemic brought the Life Sciences industry into spotlight, disrupting the conventional channels and methods of industry operations – from adopting decentralized trials, and using AI & RWE in clinical trials to exploring new areas like digital therapeutics. While the entire world hoped for an imminent COVID-19 cure, research & development was at the forefront of transforming Life Sciences this year. Companies shifted their focus to newer MOA’s, and innovative approaches such as precision medicine started spanning across multiple therapeutic areas.

To gain a deeper understanding of how the industry evolved during this time, we at Healthark Insights, have compiled and listed 10 major Life Sciences trends that shaped the industry this year. Let’s take a look!