NAVIGATING THE FUTURE OF MEDICINE: EXPLORING THE LATEST BREAKTHROUGHS IN THE PHARMACEUTICAL INDUSTRY FOR A BRIGHTER TOMORROW

The pharmaceutical industry is undergoing a significant transformation due to technological advancements, scientific breakthroughs and evolving healthcare needs, paving the way for more effective treatments and improved patient outcomes. AI and ML are revolutionizing drug discovery and development by analysing vast datasets, predicting drug interactions and accelerating the identification of potential therapeutic compounds, reducing costs and improving clinical trial design and data analysis. Improvement of public health through revolutionizing the pharmaceutical industry is envisioned as multidirectional, encompassing utilization of AI and Data Analytics. The industry has strengthened in terms of drug discovery, personalized medication development and production enhancement through streamlined procedure adoption. Drug safety checks and data driven synthesis through streamlined processes offer substantial ground for future progressions in the industry. The present study explores various dynamics of the pharmaceutical industry from the perspective of developmental evolution both, on short term periods and over the period of decades. Incorporation of technology in aspects such as medication personalization, research and development as well as production capacity and precision has been noted. The article further proceeds to provide brief yet intimate exposures to the diversified details associated with industrial operations from corporate point of views as well. Cost breakdown of the combined industry has been observed and facilitation of executive decision-making through data-driven approaches is recognized. Distinct architectural frameworks such as SpuMoNI can be incorporated by industry players for intelligent data analytics, data quality and end-to-end verification.