Life Sciences & Healthcare

With the mounting pressure of regulations & Audits, Life sciences industry is often considered as slow to adapt to change. With the increasing trends such as efforts to disrupt pricing models, have yet to gain significant traction but precedents have been set indicating the rise of value-based models.  Life sciences organizations also continue to explore the utility of AI, machine learning, and Blockchain Technology to augment standard models and processes.

The Life Sciences & Healthcare industry is constantly facing pressure from quality failures, increased competition, shorter market cycles, weak drug pipelines, drug patent expirations, increasing regulatory compliance requirements, and rising R&D costs. In addition to this, growing volumes of data, unstructured data storage and repositories, technology redundancy, and volatility in compliance requirements compound these challenges.

By effectively leveraging IT and by making appropriate IT investments, Life Sciences & Healthcare organizations can compete in this highly volatile environment and at subsequently reduce costs, improve quality, meet stringent FDA & other industry compliance requirements and increase revenue.

Newk Solutions partners with companies within the life sciences & healthcare industry on critical technology initiatives to help them respond to the market demands of today and opportunities of tomorrow, addressing the areas of R&D, supply chain, sales and marketing and compliance.

Newk Solutionsprovides specialized services that address the growing information technology needs of Life Sciences & Healthcare organizations, with the primary aim of making them more agile, efficient and competitive.

Newk Solutionscan offersolutions and services to enable you to deliver customer satisfaction while enhancing profitability. Our array of services customized across the payer and provider sectors ensure enhanced brand value and efficient functioning. We also provide seamlessly integrated    Solutions across the industry. Our products are backed by our commitment and extensive experience in the healthcare industry across the years.

Newk Solutions has the expertise to address challenges facing Life Sciences & Healthcare organizations by combining domain skills with deep technical expertise and an industry-leading global delivery model to offer clients the competitive edge.