Rapid changes in the biopharma industry are making it increasingly difficult to launch new products successfully. Especially challenging are novel treatment modalities such as gene and cell therapy, the increased use of biomarkers, and expanded requirements to demonstrate economic value. In addition, biopharmas must navigate the declining access to physicians, digitalization, intense competition and the need to launch globally to maximize revenues. Faced with such challenges, biopharma companies...
Mar 22, 2023•25 min•Ep. 25
As the U.S. moves toward a zero emissions mandate, Cristóbal Colón, Matthew Wayne, Ricardo Olalla Guerra and José Portilla explore this transition’s impact on the automotive aftermarket and the opportunities available to capitalize on battery-electric vehicles (BEVs) before it’s too late. Since California’s executive order in 2021, other states have followed suit in the U.S., Europe just approved the Fit for 55 directive banning internal combustion engine vehicles in 2035, and original equipment...
Mar 09, 2023•33 min•Ep. 24
Patients and sites that recruit and enroll patients change how trials are executed. Year after year, R&D costs incurred by biopharmaceutical companies to bring new therapies to the market are skyrocketing. There is also a lack of appropriate racial representation among study participants. As clinical trial sponsors fail to reach their recruitment targets, these dynamics have led to a greater reliance on clinical trial partnerships for execution. With this said, in this episode we'll clarify ...
Feb 28, 2023•20 min•Ep. 23
This joint strategic outlook by the World Economic Forum and L.E.K. Consulting aims to unite stakeholders across different sectors, industries and geographies to develop and achieve a shared vision for health and healthcare by 2035. The COVID-19 pandemic created health, economic, political and environmental challenges while exposing global disparities caused by income, age, race, sex and geography, but it also allowed for innovation in science and in medicine development, distribution and delive...
Feb 16, 2023•27 min•Ep. 22
In this episode, Claire Davies, Rob Haslehurst and Emile Santos explore the irony of businesses attempting to maintain price increases in an inflationary environment, even as they struggle with the rising costs of labor, logistics and raw materials. "We live in a competitive capitalized economy, and ultimately competitive action is what they're looking for and no business is going to hold prices in a world where competition is driving consumers away from them." Claire Davies is a Partner in L.E....
Feb 07, 2023•30 min•Ep. 21
In the United States, companies within the manufacturing industry are currently dealing with an unprecedented confluence of challenges. To understand how they’re addressing these challenges and planning for the future, L.E.K. Consulting surveyed some 160 U.S. industrial equipment and technology company executives and conducted in-depth interviews with the most senior survey participants. In this episode, we invite Eric Navales, Matt Wayne, and Alex Rogalski, all Managing Directors and Partners i...
Jan 26, 2023•17 min•Ep. 20
When you hear the term “Sustainability,” what comes to mind? Even today, the construction industry continues to thrive. And as the world continues to develop, consumers are becoming more aware of sustainability and, thus, are prioritizing energy-efficient solutions to produce better homes. However, there is a lot to consider when selecting products and materials to reduce emissions. With that in mind, which materials are the most effective when reducing emissions? And what are companies doing to...
Jan 16, 2023•17 min•Ep. 19
Psychedelics are set to become the next major innovation in mental healthcare. Despite the large flow of investment into this area, the development of psychedelic drugs is not without its hurdles. In this episode, we’ll get an introduction to the challenges surrounding the development of psychedelic drugs for mental healthcare, including clinical trial design, manufacture and commercialization. Participants in this episode are Adrienne Rivlin and Andre Valente, partners in L.E.K. Consulting’s Lo...
Dec 20, 2022•38 min•Ep. 18
Consumers who are concerned about what they are putting into their bodies have similar concerns about what they are putting onto their bodies. In this episode, we are going to take a look at recent food trends that are now converging in the beauty industry. The rising importance of product label ingredients Specific health attributes On-the-go customers value convenience This episode will explore each of these areas in greater detail, providing examples of how beauty companies are responding. In...
Dec 06, 2022•15 min•Ep. 17
Three decades of historically low inflation have left many businesses without the experience or capabilities to navigate the changing economic paradigm. In recent months gas, wheat, corn, and other essential food ingredients have risen by over 100%. Key manufacturing commodities have fared a little better with copper, aluminium, and others experiencing increases of over 60%. Add in demands for wage increases across the globe, and it is hard to imagine any business avoiding today’s inflationary p...
Nov 28, 2022•18 min•Ep. 16
Rapid changes in the health and wellness marketplace are being driven by evolving consumer needs, new product innovation, and competition from new entrants in this market. In today's episode, Noor Abdel-Samed, Joe Johnson, Todd Clark, and Kevin Grabenstatter discuss the new and effective strategies needed to make the difference between survival and success in the Health and Wellness space. Connect with our experts on LinkedIn: Noor Abdel-Samed https://www.linkedin.com/in/noorabdelsamed/ Joe John...
Nov 14, 2022•15 min•Ep. 15
The Women’s Health space is currently firmly in the spotlight and undergoing deep transformation, spurred by ‘FemTech’ entrants that are innovating on traditional standards of care, through new medical devices, care delivery models, and community-building platforms that are often digitally enabled. Traditionally, women’s health has been a highly underserved area within healthcare due to endemic issues in healthcare delivery and research – for example, the CDC reported maternal mortality rates in...
Oct 24, 2022•23 min•Ep. 14
Recent partnerships between alcoholic and non-alcoholic beverage producers have bridged across traditional category lines. Traditionally there was a divide between non-alcoholic beverage producers dipping their toes in alcoholic beverages and vice versa, but that barrier has begun to erode and largely break down over the past 1-2 years due to shifts in consumer demand. Today we discuss how the blurring of beverage categories is forcing leading beverage manufacturers to evolve their business mode...
Sep 02, 2022•33 min•Ep. 13
Defining an effective sustainability strategy is the new key to corporate success. Join the team from the L.E.K. Sustainability Centre of Excellence for a Q&A session to learn about the findings from L.E.K.'s Global Corporate Sustainability Survey, and discover how placing sustainability at the heart of strategy, and ensuring leadership are aligned behind your sustainability vision could be the secret to long-term growth for your organisation. Join John, Kathryn and David as they discuss the...
Aug 08, 2022•55 min•Ep. 12
Already exceeding more than $4 trillion annually, U.S. healthcare spending continues to grow faster than the rate of inflation. Healthcare providers and other stakeholders have been challenged as never before to find ways to meet care needs for a nation experiencing an ongoing pandemic, as well as manage unprecedented workforce shortages. A wave of unconventional dealmaking has seen traditional healthcare players expand their offerings even as nontraditional companies enter the space. Today’s ep...
Jun 14, 2022•16 min•Ep. 11
Manufacturing is never simple, but it’s rarely been as hard as it was in 2021. The year began with optimism as COVID-19 vaccines became widely available in the U.S.; people began returning to more-normal lives and economic activity rose. That optimism was short-lived as the stresses of the past two years ravaged the supply chain-denying automakers and consumer electronics makers the chips needed to finish products, delaying arrivals of products from overseas as ships waited to unload goods at ov...
Jun 08, 2022•18 min•Ep. 10
Outsourcing the collection of defaulted unsecured consumer debt from lending, insurance, utilities, and telecoms is a well-established industry in Europe. But the industry is on the cusp of disruption. New tech-based collections firms have emerged in Europe in the last few years and built increasingly attractive, viable businesses off the back of the internet-based products and digital services explosion. In this episode, we discuss the current market and key considerations for the incumbent deb...
Jun 08, 2022•11 min•Ep. 9
Methane emissions are heavily concentrated in oil and gas, which has prompted changes in upstream processes and investment in new technologies. In this episode, we discuss the size of the problem that methane emissions present in the oil and gas sector. We discuss measures that companies are taking to account for managing today's methane emissions as well as the challenges in reduction. Finally, we'll cover where there are opportunities for investing in the market. Today, you will be hearing fro...
May 17, 2022•22 min•Ep. 8
The insurance industry isn’t known for its early embrace of technology, however, that is changing. We are going to take a look at three market trends that are prompting the industry to make a change. Today, in this episode, we welcome Gigi Wong, Alex Evans, and Noor Abdel-Samed from L.E.K. Consulting to discuss three of the areas seeing a large impact. Visit L.E.K. Consulting at https://www.lek.com/
May 02, 2022•18 min•Ep. 7
The insurance industry isn’t known for its early embrace of technology. As the industry continuously faces enormous challenges, technology is driving change. In this episode, we’ll discuss how a U.S. InsurTech CEO founded her startup business as she takes us through the journey of successfully breaking the mold of a typical insurance model. You will hear from Joyn Insurance CEO and co-founder Seraina Macia. Your host for this episode is L.E.K. Consulting’s Justin Balcombe. Justin co-leads L.E.K....
Apr 18, 2022•36 min•Ep. 6
When it comes to improving patient care, Social Determinants of Health (SDOH) solutions continue to be top of mind as the pandemic continues to grip the world. Healthcare organizations all over the US continue to grapple with ways to extend the care of patients beyond the walls of clinics and hospitals. In this episode, we hear from Matt Sabbatino, Managing Director in L.E.K. Consulting’s Healthcare Services practice. He provides insights into what has happened with SDOH services during the pand...
Apr 04, 2022•19 min•Ep. 5
As a substitute for animal meat and dairy products, the evolution of plant-based protein has been rapid. Two years ago, the prevailing question about the category was “Will it last?” Today, the questions for many companies and investors are both “How big can it be?” and “How do we participate in this space?” In this episode, we’ll discuss how companies participating in the plant-based protein revolution are focused on product improvements. You’ll gain insights into how the momentum in this space...
Mar 14, 2022•14 min•Ep. 4
The confluence of several key trends in U.S. healthcare, including an aging population, shifts away from inpatient care, and a rise in healthcare consumerism has led to an increased emphasis on post-acute care, particularly care that permits aging in place. In this episode, we’ll get insights regarding opportunities for health systems and investors within post-acute and end-of-life care from both Kevin Grabenstatter, Managing Director and Partner in L.E.K. Consulting’s San Francisco office and R...
Mar 10, 2022•19 min•Ep. 3
The consumer packaged goods (CPG) industry faced several major challenges in 2021. However, the industry seems to be weathering the COVID-19 pandemic, and CPG companies’ spend on packaging is no exception — with spending on packaging continuing to increase in line with long-term trends across a range of brand product categories. To better understand how brand owners' packaging needs are evolving — and the implications for the industry and investors — L.E.K. Consulting conducted its fourth annual...
Jan 14, 2022•21 min•Ep. 2
The COVID-19 pandemic has ushered in a series of fundamental challenges to the U.S. economy. Like the great financial crisis of 2007-08, it has reshaped the landscape of consumer lending, but in a very different way. During the COVID-19 pandemic, individuals have curtailed their spending amid layoffs, while the federal government has injected billions of dollars back into the economy in the form of stimulus checks. Ecommerce was a key beneficiary, and it looks like newly established purchase pat...
Jan 14, 2022•27 min•Ep. 1
