next best action in pharma

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next best action in pharma
Next best action in pharma is something that big pharma companies do to stay ahead of the competition. It’s when they look at what the competition is doing and then come up with something even better to get a leg up. Imagine it’s like a race between two people, and one person is always trying to outdo the other. For example, one pharma company might release a new drug to treat a certain condition, and the other pharma company might release a drug that is even more effective at treating that same condition. That’s next best action in pharma. It’s important because it keeps companies competitive and leads to better products for consumers. It also helps pharma companies make more money because if they can stay ahead of the competition, they can charge more for their products. Fun Fact: The next best action in pharma is often referred to as the “arms race” because companies are constantly trying to one-up each other.