Life science companies and technology companies enter the Internet for medical treatment

2018/09/28 17:21
Page view
White & Case report highlights:
● The report pointed out that industry executives are considering what is going on around the Internet medical field.
● More than 90% of life science and technology companies plan to increase their focus on the Internet medical field and increase investment
● 63% of technology company executives and 50% life sciences company executives said that M&A is deeply affecting the development of the company's current development strategy, and is also an important strategic deployment that has entered the Internet medical field and has made considerable progress in this field.
A survey report from the global law firm White & Case LLP and Mergermarket, Mergermarket, titled "The Frontier: The Future of Digital Healthcare", which surveyed senior executives in the US science and technology field, the future of the Internet The respective insights into the medical development trend, as well as the difficulties that will be faced in successfully developing Internet medical products and services.
The survey results show that 90% of life science and technology companies claim that although Internet medical plays an important role in the overall business strategy of the company, it is also facing various challenges.
“We have seen life sciences and technology companies have a strong interest in the Internet medical arena,” said Dimitrios Drivas, head of global intellectual property at White & Case. “In view of this, we have carefully pointed out the opportunities and challenges in the Internet medical field and proposed how to maximize the chances of success in such industries. Internet healthcare is bound to change the current medical industry structure, and will also greatly promote the medical industry. development of."
Dimitrios Drivas
Companies that put financial and human resources into the Internet medical arena are creating a new competitive edge," said Drivas. These companies are leading global healthcare reforms, and reforms will greatly improve patient outcomes. ”
The report also pointed out that through the use of mobile devices, remote monitoring and Internet medical care will grow significantly in the next 20 years; and Generation X (born between 1965 and 1981) is expected to be the largest in the next five years. Internet medical consumer groups.
The report also shows that 90% of the 120 executives surveyed said that Internet healthcare has become an integral part of their overall business strategy. With the maturity of the business strategy, 92% of life science companies and 96% of technology companies are also planning to gradually expand the scope of investment in the Internet medical field in the next 18 months, with a view to increasing the marketization of Internet healthcare and further enhancing it. Its market adaptability.
In addition, 63% of technology company executives and 50% of life science company executives believe that mergers and acquisitions will be seen as the most attractive way to cut into the Internet medical field. At the same time, most of the top executives from both technology and life-health industries say the company will pursue an Internet health strategy, even if they know that the product may not be protected by patents. According to a recent Accenture report, virtual health care technology can save $10 billion in primary care costs each year and address the shortage of doctors by improving the efficiency of doctors' treatment. Therefore, people in both industries believe that cooperation can produce great value.
The report also outlines other difficulties and challenges:
● Patients and consumers lack a clear understanding of Internet health services and product benefits. In addition, the investigators found that the doctor community had objections and resistance to Internet health.
● 81% of technology companies and 75% of life science companies said that intellectual property issues will hinder the development of Internet healthcare.
● More than 80% of people believe that a potentially incompatible corporate culture may hinder the development of cooperation, and may also hinder the development and commercialization of Internet medical products.
For example, a survey conducted by the Responsible Doctors Committee (CAPP) and the bipartisan policy center pointed out that many Americans still lack awareness of Internet medical tools and cannot communicate with doctors about Internet medical technology.
(Jilin Qijian Biotechnology Co., Ltd., Biopharmaceutical,