The Internet of Things (IoT) has the potential to revolutionize the pharmaceutical sector with its practical applications. It may facilitate and automate remote monitoring of patients and the discovery and access of drugs. IoT, combined with the spread of digitalization of data in pharmaceuticals, brings in several new opportunities.
• Changing the fundamentals of the Pharmaceutical sector
With the increasing demand for easy and immediate access to healthcare, it becomes essential for pharmaceutical companies to find quicker means for transportation of drugs and to regulate their transit and delivery. IoT-driven technology has proved useful in several areas like manufacturing, distribution, monitoring, and control, while maintaining quality and avoiding wastage.
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