Life Cycle Modeling and Simulation: Current Practice and Future Impact on Health Care Innovation and Delivery

Modeling and simulation is poised to transform drug development across the entire life cycle from discovery to commercialization. For the biopharmaceutical industry, this transformation will enable knowledge-based decision making and foster new collaborative ways of working that will translate into more high-value treatments and increased development efficiencies. In the health care arena, where value for money is paramount, modeling and simulation will inform future health care planning and practice.