Transforming The Value Chain: Creating Opportunity In The Life Sciences Industry With Modeling and Simulation

The Healthcare environment and the broader Life Sciences ecosystem are changing rapidly. Increasing costs, emerging technologies, time-to-market pressures and stringent regulatory requirements are just some of the drivers forcing a rethink of virtually every aspect of the industry, including business operations, research and development processes and value-based pricing options.

In order to overcome these challenges, Life Sciences organizations are embracing innovative new approaches, such as using modeling and simulation across the entire value chain in order to improve collaborative decision making, save time and money, achieve better patient outcomes and remain competitive.

By using modeling and simulation applications within an integrated, digitally managed and collaborative computing environment such as Dassault Systèmes’ 3DEXPERIENCE® platform, organizations are able to create lifelike simulation models for exploration, discovery, development, testing, and commercialization. When R&D activities take place within this data-driven, model-based environment, all stakeholders can leverage a single source of truth. Every modification to the digital model and related information is propagated automatically and every change and decision is associated with the right model. Distributed teams are able to continually test and validate their designs at each stage, thereby reducing the time and costs associated with trial-and-error physical testing.