industry spotlight

PharmaTech

Explore the pharmatech industry—where technology enhances healthcare services.

Pharma future rests on tech

The pharmaceutical industry is at the forefront of the healthcare revolution. With a surge in technology adoption and a demand for personalized medicine, the sector attracts much investor interest. Many VCs are zooming in on high-value products that address unmet medical needs and are ready to funnel massive funding to them.

Why it matters:

Pharmaceutical tech companies get plenty of opportunities to capitalize on:

  • Personalized medicine
  • AI & ML
  • Digital therapeutics
  • Wearable health technology

Between the lines:

Be aware of challenges ahead. Manage regulatory compliance, intellectual property rights, and scientific expertise.

We’ve helped many pharmatech startups, so we do know how to make your business successful and attractive to investors

$3B+
Secured investments
600+
Ventures assisted
80+
Fields scrutinized

What we do:

Our expertise lies in securing crucial funding, M&A advisory, and devising exceptional market entry plans and compelling pitch decks.

Go deeper:

Explore our pharmatech market analysis to learn about its trends and challenges and find key advice on attracting investment.

4.5x growth
The pharmatech market is projected to reach $63.3B by 2032.

 

170K+
Clinical trials were registered globally in 2023.

Driven by tech advancements and increasing healthcare demand
20%

Pharmacy technology companies actively leverage AI in drug discovery.

35%

Demand for pharmaceutical data scientists increased by 35% in 2023.

15%

Is the success rate of drugs passing all clinical trials.

VENTURE LANDSCAPE

In 2023, pharmacy technology companies secured over $1.3B in funds

With major deals covered in:

  • Biotechnology
  • Drug discovery and development
  • Medical devices and equipment
  • Healthcare IT and software solutions

Leading pharmatech investors

Write to us to know more

Startup challenges in pharmatech industry

To disrupt the pharmatech market, tackle the following challenges first.

Raising venture capital:

Many investors hesitate to invest in risky ventures with uncertain ROI. In addition, pharmaceutical tech companies have long development timelines and must comply with strict regulations.

Why it matters

Not having enough resources hinders:

  • Conducting research
  • Running clinical trials
  • Building a strong team

What it takes:

  • Develop a solid business plan with a clear roadmap to profitability
  • Showcase the unmet medical need your product/solution addresses and demonstrate traction
  • Craft a pitch deck that communicates a compelling investment story
  • Build a strong team with expertise in pharmaceuticals, technology, and business
  • Provide data or case studies that demonstrate the effectiveness and potential of your product/solution

Complying with regulations:

Prepare to face stiff regulations. The pharmatech industry is like a fortress protected by agencies like the FDA to ensure safety and efficiency. That’s why gaining approval for new drugs/devices is a lengthy and expensive process.

Why it matters

If you don’t comply with regulations, it may lead to:

  • Significant delays
  • Fines
  • Product recalls

What it takes:

  • Onboard experts with regulatory expertise
  • Engage with the regulatory bodies to streamline the approval process
  • Prioritize areas with clear regulatory paths

Protecting intellectual property:

If you are developing a new drug or device, remember to patent your intellectual property. The bad news is that this process can be complex and expensive.

Why it matters:

If you fail to patent your IP:

  • Competitors can copy it
  • It will diminish your market share and potential profits

What it takes:

  • Prepare a comprehensive IP strategy in advance
  • Consult patent attorneys to identify and file patents for your product in key markets

Building a strong team:

Success in the pharmatech industry mostly depends on the scientific expertise of the team behind the product. Ensure you onboard experts with deep knowledge in your specific therapeutic area.

Why it matters:

A weak scientific team can lead to:

  • Wasted resources
  • Delays in development
  • Difficulty in fundraising

What it takes:

  • Seek out well-respected advisors
  • Offer competitive salaries to attract and retain top talent

FAQs

How attractive is the industry to potential pharmatech investors?

Many investors find the pharmatech industry attractive due to its high growth potential and positive societal impact. However, uncertain ROI may deter VCs from investing in pharmatech projects.

If you are a pharmatech startup, how easy is it to raise funding today?

Despite the high investor interest, securing funding for a pharmaceutical tech company remains challenging. Thus, prepare a detailed business plan, evidence of market demand, risk mitigation strategies, and a compelling pitch deck. And don’t forget about an effective investor outreach strategy.

How long does it take to create a pitch deck and financial model for a pharmatech startup?

Our team usually finalizes all the necessary documents within 2-3 weeks, though some cases may require up to a month. Further details can be provided upon request.

What are the key mistakes pharmatech startups make in their pitch decks?

The main problem is the absence of an investment story that connects all the slides together. Showing only graphs, numbers, and charts isn’t the best way to secure funding. Investors will feel bored and skip to a more appealing project with a persuasive narrative, a solid competitive moat, significant traction, a solid business plan, and a unique value proposition. Thus, ensure you have all this in your deck.

How competitive is the pharmatech market?

The pharmatech industry is highly competitive—pharmaceutical giants, generic drug manufacturers, biotech companies, and numerous startups are flooding this arena.

What services do you provide for investors looking to invest or already investing in pharmatech?

We help investors evaluate pharmatech investment opportunities by conducting in-depth research and presenting valuable insights in a visually appealing format. We also provide comprehensive fundraising services to the portfolio companies of our partner funds.

Do you provide pharmatech M&A support?

Sure thing! We guide M&A in the pharmatech industry and beyond, from finding deals to due diligence and post-deal collaboration.

Do you make intros to pharmatech VCs?

Of course! We help link you up with the right venture capitalists in the pharmatech industry. By assessing your project’s team setup, round size, and product, we’ll make your fundraising journey more successful.

Do you have available data or research to purchase on the pharmatech market?

We provide market intelligence for the pharmatech industry, featuring industry reports, competitor assessments, and market research. Using data from trusted sources, we help you understand the landscape, its complexities, and competitive dynamics.

Which growth stage of companies have you worked with in the past?

We guide startups from Pre-Seed to Series C+, facilitating interactions with major investors and funds.

Start your growth journey with us

Stepping into pharmatech landscape? We know the way. From end-to-end fundraising support to outsourced M&A guidance and growth blueprinting, Waveup will help you accelerate your journey to success. Drop us your email, and let's talk!

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