Manufacturers in the biotech sector face unique challenges ranging from stringent regulatory requirements to complex production processes. Implementing an ERP (enterprise resource planning) system tailored to their needs is crucial for ensuring compliance, efficiency, and scalability. Whether you are a life sciences CMO (contract manufacturing organization), a pharmaceutical manufacturer with an R&D department, or a…
Is technical debt hindering CIOs from adopting new technology in pharma?
While the pharmaceutical industry tries to remain competitive in today’s fast-paced digital world, chief information officers are left with a conundrum; How can they adopt necessary new technologies while dealing with existing technical debt? So what is this technical debt? When outdated processes or deferred maintenance accumulates over time which makes it hard for companies…
Strategies for tapping the cloud to scale data transformation in biopharma
Biopharma’s gradual embrace of the cloud is picking up pace. In 2022, PwC surveyed more than one hundred pharmaceutical and life sciences companies. Forty percent were already running all of their operations in the cloud; another 55% hoped to join them by late this year. The report also found that the most successful companies used…
Intrepid Labs’ self-driving lab reimagines drug formulation
The pharma industry has long relied on tried-and-true drug formulation approaches sometimes rooted in trial and error, but this reliance on the familiar has created a bottleneck in the development of new and better medicines. University of Toronto Professor Christine Allen, Ph.D., co-founder and CEO of Toronto-based Intrepid Labs, points out that the traditional drug…
Pharma and biotech salary review: Who’s earning the most in 2024?
Using job posting data gathered via the data aggregation service Apify.com, we sifted through a total of 1,755 recent pharma and biotech job listings to find, unsurprisingly, that managers working in senior and director-level roles are the best-paid in the industry. Across the entire data set, the median salary range for the job descriptions was…
Best practices to overcome communication breakdowns in pharma manufacturing
The success of any organization is dependent on consistent, clear, and reliable information sharing among all internal stakeholders. In the pharmaceutical industry, where there are multiple complex layers within manufacturing processes, communication among teams is especially critical. If information-sharing gaps occur among these layers, vulnerabilities could result in costly errors impacting all levels of the…
How pharma companies can fight back against the rise of fake drugs
The global counterfeit drug trade has exploded into a deadly public health crisis, with the rise of online pharmacies and increasingly sophisticated criminal networks fueling the trend. A 2020 analysis from the Organisation for Economic Co-operation and Development (OECD) and the European Union Intellectual Property Office (EUIPO), found that the problem is global in scope…
Astellas strengthens commitment to cell and gene therapy with new $90M South San Francisco Innovation Center
In a move to bolster its presence in the pioneering biotech hub of South San Francisco, Astellas Pharma has unveiled a $90 million West Coast Innovation Center. The newly constructed 154,000-square-foot facility consolidates the company’s previously dispersed Bay Area operations, including research, technical operations, medical and development and commercial teams, under one roof. “I want…
New pharma and biotech manufacturing facilities and expansions announced worldwide for 2024
[Updated May 10, 2024] In the face of rising R&D costs and growing pricing pressures from payers, the pharma and biotech sectors continue to transform to adapt to an evolving landscape. While workforce reductions persist in 2024 for some companies, major players like AbbVie, AGC Biologics, Amgen, Novartis and Thermo Fisher Scientific are demonstrating confidence…
Microsoft and 1910 Genetics: AI-powered partnership targets billion-dollar savings and growth in drug discovery
The pharmaceutical industry is at a critical juncture: AI and other technological advances offer unprecedented potential, yet the cost of developing new drugs has ballooned for decades, surpassing $2 billion in recent years with the projected return on investment (ROI) falling to a mere 1.2% in 2022, according to Deloitte. Another dimension of the problem…
Interview: MIT legend Robert Langer backs Lindus Health’s ‘anti-CRO’ strategy
Biotech startup Lindus Health just made a big splash by adding MIT professor and Moderna co-founder Robert Langer, Sc.D., to its advisory board. Lindus aims to shake up the world of clinical trials with its “anti-CRO” approach that promises faster and more reliable trials for life sciences companies. The addition of Langer, described as the…
Amgen, Deepcell tap NVIDIA’s AI to drive drug discovery and advance cell morphology research
In 2023, generative AI (GenAI) entered the mainstream, capturing the attention of both the public and a growing number of biotechs. One of the most prominent Big Tech firms driving the trend is NVIDIA, which has forged alliances with biotechs ranging from Genentech, Recursion Pharmaceuticals and Evozyne, among others. The momentum is continuing in early…
AWS-NVIDIA gen-AI alliance epitomizes Big Tech’s growing interest in drug discovery
The allure of healthcare has long captivated Big Tech giants. Over the past fifteen years or so, several prominent companies in the sector have ventured into the life sciences sector with ambitious projects, only to often find themselves retreating. The dynamic appears to be changing, particularly in drug discovery, thanks in part to burgeoning data…
Eversana’s AWS alliance aims to cut red tape in pharma regulatory paperwork
In July, the life sciences services company Eversana revealed it was partnering with AWS to tap generative AI (gen AI) for pharma and other life science customers. It aimed to “pharmatize” gen AI, as the company put it then. Now, the company has revealed the first technology from that partnership – a regulatory review automation…
Digital dreams and realities clash pharma and biotech in 2023
The tale of digital pharma and biotech in 2023 is one of two realities. In one corner, you have AI and digital-focused startups and sometimes executives at Big Pharma companies with grand AI ambitions proclaiming the power of the technology. But on the other side of the pharma-AI coin is a more cautious crowd. Here,…
Biden names 31 tech hubs: Here are 10 relevant to pharma and biotech
Traditionally, the tech and biotech sectors in the U.S. have been concentrated in a handful of regions — most notably in areas such as Boston, Seattle, Silicon Valley and Southern California. But the Biden administration aims to distribute innovation more evenly through the U.S. To that end, the administration has designated 31 tech hubs across…
A year in review: AI’s evolving role in drug discovery and development in 2023
In the realm of drug discovery, AI is making waves, and 2023 could potentially be a pivotal year for this technology. As the technology enters the popular consciousness, pharma employees are wondering “why they can’t have similar AI-driven tools for their professional tasks,” said Diane Wuest, head of digital R&D at Sanofi, in a recent…
AI in antibody drug discovery as a tool, not a magic wand
AI in drug discovery is a topic that gets an outsized amount of attention, observes Carl Hansen, CEO of AbCellera, a company specializing in antibody drug discovery. “It’s as if people are saying, ‘AI is here, it’s going to save us. Thank God, we’re finally gonna be able to create drugs,” he said. “To me,…
10 rising stars of North American biotech: Cities emerging as life sciences hubs
As the biotech industry matures, several North American cities are emerging biotech hubs, aiming to become the next epicenters of innovation and growth. While traditional hubs like Boston and San Francisco continue to dominate, a new wave of cities is making strides in biotech. For instance, Pittsburgh, an up-and-coming biotech hub, is tapping its biomanufacturing…
How data-savvy are you in drug discovery?
Hey there, drug discovery professionals: Ever wondered where you stand in the grand scheme of drug discovery data-savviness? We’ve created a short quiz to help you get an idea. Drug discovery and development is an increasingly data-intensive field, underscoring the need for data science to be a core drug discovery discipline. The industry has taken…
Ginkgo Bioworks and Google Cloud forge five-year AI and biology partnership
Founded in 2008, Ginkgo Bioworks’ stock jumped almost 25% on August 29, hitting $2.22, after unveiling a five-year partnership with Google Cloud. The partnership centers around the development of novel AI tools for biology and biosecurity. In particular, Ginkgo hopes to further its mission to make biology easier to engineer in the AI era. Opting…
Cellares teams up with Bristol Myers Squibb to explore automated CAR-T cell therapy manufacturing
Less than a week after announcing that it has secured $255 million in Series C funding, South San Francisco-based startup Cellares has revealed that Bristol Myers Squibb has joined its Technology Adoption Partnership (TAP) program. To date, the company has raised more than $355 million in total financing. As part of the TAP program, Bristol…
30 biotech startups making waves
The biotech industry is facing a reckoning in 2023. To date, roughly 100 biopharmas have cut workers this year, matching the total number of layoffs in the sector in 2022. Many biotech startups have been hit hard. The wave of job cuts comes on the heels of a biotech boom following the COVID-19 pandemic, when…
Assessing the techbio landscape: hype or substance?
The venture capital firm Artis Ventures, founded in 2001, coined the term “techbio” sector to describe biotech platforms where technology and engineering take the lead in advancing drug discovery and biomanufacturing. In circa 2019, the firm contributed to shaping the techbio landscape by setting up venture capital fund named Artis techbio that bridges the gap…
Nvidia exec: Generative AI can turn every biologist into a computer scientist — and vice versa
On a recent visit to Nvidia’s headquarters in Santa Clara, I had the chance to speak with Kimberly Powell, the company’s vice president and general manager of healthcare. After asking about the pharma industry’s surging interest in AI, Powell remarked, “Every pharma knows who Nvidia is now.” Curious, I asked her, “How long has that…