
The Industry Forward Podcast
How to make medical products that avoid Eroom’s law
Despite life sciences’ developments in science, instrumentation, data generation and compute power, Eroom’s law dictates that the price of developing new medical treatments doubles every nine years. Since the future of the medical field trends towards personalized healthcare, however, the economies of scale no longer work if each bespoke treatment follows this nine-year trend. To bend Eroom’s law into one that better resembles Moore’s law, life sciences experts need industrial AI and the comprehensive digital twin. In this podcast you will learn: 02:54 – How Eroom’s law dictates product development in the life sciences 06:35 – What data strategy challenges exist for personalized healthcare 10:25 – How to implement personalized healthcare in the wake of Eroom’s law 13:57 – How industrial AI and the comprehensive digital break Eroom’s law John Nixon - Global Vice President of Process Industries at Siemens Digital Industry Software Connect with John on LinkedIn Patrick Ansems - Global Head of Life Sciences at Siemens Digital Industries Software Connect with Patrick on LinkedIn






