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The Pharmaceutical industry focus on the discovery, development, and manufacture of drugs and medications (pharmaceuticals) by public and private organizations. Identifying new drug targets, attaining regulatory approval from government agencies, and refining techniques in drug discovery and development are among the challenges that face the pharmaceutical industry today.
The market has experienced significant growth during the past two decades, and pharma revenues worldwide totaled 1.27 trillion U.S. dollars in 2020. Some pharmaceutical companies operate in both national and multinational markets; therefore, their activities are subject to legislation, regulation and policies relating to drug development and approval, manufacturing and quality control, marketing, and sales.
PTS has a broad digital knowledge and expertise to tailor pharmaceutical companies to develop and infuse agility and efficiency through technology, digital transformation solutions and automation of processes to face the upcoming challenges into this fast-paced market.