Expanding the vision of wireless health: Life sciences industry can take the lead in improving patient outcomes through wireless innovation
With the loss of patent protection for high-revenue-producing blockbuster products, the life sciences industry is developing more specialized medicines and more personalized and targeted care for patients. Wireless health can aid the delivery of this type of patient-centered care.As healthcare focuses more on outcomes, the life sciences industry will move toward more collaborative business models, merging provider, payer, and pharma objectives. Pharmaceutical, biotechnology, and medical diagnostic companies also will form alliances with nontraditional industries. Wireless health presents the opportunity for the life sciences industry to foster convergence of the health, technology, and communications industries and to deliver better care—ultimately improving the quality of life for many people worldwide.