The pace of innovation in oncology, with aggressive drug development, new approaches such as immunotherapies, increasing patient segmentation and multiple drug targets even within a single cancer type demands equally creative responses from regulators. The US Food and Drug Administration (FDA) has expedited cancer-drug development through mechanisms and incentives such as the accelerated approval program, the breakthrough therapy designation and the Orphan Drug Act. Associated initiatives such as adaptive study endpoints, reliance on earlier evidence supplemented by real-world data and less complex trial designs have helped to ease the pathway for cutting-edge cancer therapies.

The German tech company LabTwin is launching its voice-activated (VA) lab assistant at BIO in Philadelphia in June. The technology is a game-changer for scientists working in labs and is a major advance in the digitization of the laboratory.

The critical time for many drug development companies frequently comes after successful clinical trials, during the regulatory approval process, and beyond. Moreover, the 2018 survey Formulation in the Drug Product Development Process found that formulation issues had led to project failure and significant delays during drug product development.

The life sciences industry’s commitment to digital transformation is increasing, but few organizations are digitally maturing.  Here’s how companies can take an enterprisewide approach to digital transformation.

Lot-to-lot variability is a common problem in bioprocess manufacturing, one that frustrates efforts to plan more effectively for downstream output. Pressure to achieve lot-to-lot consistency has intensified in recent years. This is partly due to more stringent regulatory requirements, in particular around trace metals. The pressure also reflects internal demand for manufacturing efficiencies, as biopharmaceutical companies grapple with issues such as rising drug-development costs and tougher barriers to market access.

Safe and efficient delivery is a fundamental challenge for personalized medicine, gene therapy and genetic medicine. Specialized and unique delivery systems are required, depending on the biology and the physiology of the target. Of the many and varied efforts to develop controlled-release, nano-compartmentalized therapeutic agents, Liposomes and Lipid-nanoparticle (LNP) systems are two of the most promising.

In the 12^th edition of EY’s medtech report, The Pulse of the Industry, we examine the annual performance of the medical device industry in the context of the technological advances and rising customer expectations associated with the Fourth Industrial Revolution. To thrive in this transformative age, medtechs must adapt their business models to meet the increased expectations of consumers and other health care stakeholders.

An increasingly data-rich healthcare sector presents both opportunities and challenges for the MedTech industry, just as it does for the health systems and patients served by MedTech products.

Used intelligently and appropriately, the vast quantities of real-world data emanating from multiple healthcare sources, such as electronic medical records (EMRs), claims databases, products and disease registries, provide the raw material for real-world evidence (RWE) that can inform strategy and decision-making throughout the MedTech-product lifecycle.