Transforming life sciences with AI, powered by Salesforce Life Sciences Cloud
- Joseph K
- Jan 28
- 1 min read
Drug development and commercialization leads to tremendous advances in medicine and improvements to everyday life, but it often comes at a cost. Delayed clinical trials, regulatory approvals, and commercial releases cost life science organizations about $40,000 per day and contribute to roughly $500,000 in lost sales. Moreover, even once a drug or device is approved, monitoring payer polices for new updates to formularies, educating HCPs, and promoting patient adherence are major challenges.
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