Sample - Emerging Technology
Sample - Emerging Technology
[Link]
Assignment
Class
University
Document Details
Submission ID
trn:oi[Link]67 17 Pages
Download Date
File Name
[Link]
File Size
999.2 KB
The percentage indicates the combined amount of likely AI-generated text as It is essential to understand the limitations of AI detection before making decisions
well as likely AI-generated text that was also likely AI-paraphrased. about a student’s work. We encourage you to learn more about Turnitin’s AI detection
capabilities before using the tool.
Detection Groups
1 AI-generated only 0%
Likely AI-generated text from a large-language model.
Disclaimer
Our AI writing assessment is designed to help educators identify text that might be prepared by a generative AI tool. Our AI writing assessment may not always be accurate (it may misidentify
writing that is likely AI generated as AI generated and AI paraphrased or likely AI generated and AI paraphrased writing as only AI generated) so it should not be used as the sole basis for
adverse actions against a student. It takes further scrutiny and human judgment in conjunction with an organization's application of its specific academic policies to determine whether any
academic misconduct has occurred.
False positives (incorrectly flagging human-written text as AI-generated) are a possibility in AI models.
AI detection scores under 20%, which we do not surface in new reports, have a higher likelihood of false positives. To reduce the
likelihood of misinterpretation, no score or highlights are attributed and are indicated with an asterisk in the report (*%).
The AI writing percentage should not be the sole basis to determine whether misconduct has occurred. The reviewer/instructor
should use the percentage as a means to start a formative conversation with their student and/or use it to examine the submitted
assignment in accordance with their school's policies.
Non-qualifying text, such as bullet points, annotated bibliographies, etc., will not be processed and can create disparity between the submission highlights and the
percentage shown.
I hereby declare that I have read and understood BPP’s regulations on plagiarism and that this is my
original work, researched, undertaken, completed and submitted in accordance with the requirements of
BPP School of Business and Technology.
By submitting this coursework, you agree to all rules and regulations of BPP regarding
assessments and awards for programmes.
Please note that by submitting this assessment you are declaring that you are fit to
sit thisassessment.
BPP University reserves the right to use all submitted work for educational purposes and
may request that work be published for a wider audience.
1
Page 3 of 19 - AI Writing Submission Submission ID trn:oi[Link]67
Page 4 of 19 - AI Writing Submission Submission ID trn:oi[Link]67
Table of Contents
Task 1: Analysing and Evaluating Emerging Technologies ........................................................... 3
References ..................................................................................................................................... 14
2
Page 4 of 19 - AI Writing Submission Submission ID trn:oi[Link]67
Page 5 of 19 - AI Writing Submission Submission ID trn:oi[Link]67
3
Page 5 of 19 - AI Writing Submission Submission ID trn:oi[Link]67
Page 6 of 19 - AI Writing Submission Submission ID trn:oi[Link]67
4
Page 6 of 19 - AI Writing Submission Submission ID trn:oi[Link]67
Page 7 of 19 - AI Writing Submission Submission ID trn:oi[Link]67
5
Page 7 of 19 - AI Writing Submission Submission ID trn:oi[Link]67
Page 8 of 19 - AI Writing Submission Submission ID trn:oi[Link]67
Blockchain Technology: The potential for blockchain technology in healthcare is huge, with the
global market forecast for a CAGR increase of 63.3% between 2024 to 2030 (Grandviewresearch,
2024). GSK will be able to improve the supply chain in terms of traceability and transparency,
which will diminish the counterfeiting of drugs and ensure conformance with regulators through
blockchain.
Digital Therapeutics: The outlook for the digital therapeutics market is expected to rise at a CAGR
of around US$10.09bn from 2021 to 2029 (Statista, 2024). Opportunities for further growth exist
for GSK in the digital therapeutics market through the integration of therapeutics into product
offerings, particularly in chronic disease management. For GSK, this integration may also open
new revenue streams with collaboration from healthcare providers and payers capitalizing on the
change toward value-based care models.
Task 2: Deployment of Emerging Technologies
2.1 Emerging Technologies for GSK
The three emerging technologies that GSK could adopt intelligently to maintain a leading edge are
AI-driven drug discovery, blockchain technology to drive supply chain management, and digital
therapeutics.
Drug Discovery based on AI-Driven
Drug discovery based on AI holds the potential to be the new frontier in the pharmaceutical
industry. This technology is estimated to save the pharmaceutical industry approximately $28
billion annually by the year 2027 followed by enhanced application around 23 billion by 2033
(Gupta and Heshmat, 2023).
6
Page 8 of 19 - AI Writing Submission Submission ID trn:oi[Link]67
Page 9 of 19 - AI Writing Submission Submission ID trn:oi[Link]67
10% of the global pharmaceutical market at present and causing an estimated US$200 billion in
losses annually (Ofori-Parku, 2022). According to one report, the global cost of fake drugs will
surpass $290 billion by the year 2024, which underlines greater reasons for the urge to find secure
supply chain solutions. Blockchain can reduce these risks by 80-90% with increased transparency,
traceability, and security in the supply chain (Deloitte, 2024).
Potential Adoption Strategies
GSK will be setting up a blockchain-based platform across all its supply chain networks, starting
with high-risk regions where the incidence of counterfeit drugs is at its highest. Such a
decentralized ledger system by blockchain would have GSK track the lifecycle of its products right
from production to distribution, hence ensuring that only authentic products reach consumers.
Moreover, blockchain can make regulatory compliance easier and less time-consuming, hence
reducing auditing time and cost by up to 50% (Javaid et al. 2022). It’s projected that the blockchain
globally in the healthcare market will increase by around $5 billion by 2025 at a CAGR of 64.4%
(Bisresearch, 2024). Early adoption could prove vital for GSK since first movers on blockchain
technology build extraordinary competitive advantages concerning operational risk reduction and
related supply chain efficiency.
Digital Therapeutics
DTx is considered one of the fastest-growing segments in the healthcare industry. The segment is
forecasted to rise at a CAGR of 24.1% from 2020 to 2028, pegging the market at $13.1 billion by
2030 (Grandviewresearch, 2024).
8
Page 10 of 19 - AI Writing Submission Submission ID trn:oi[Link]67
Page 11 of 19 - AI Writing Submission Submission ID trn:oi[Link]67
9
Page 11 of 19 - AI Writing Submission Submission ID trn:oi[Link]67
Page 12 of 19 - AI Writing Submission Submission ID trn:oi[Link]67
GSK’s embedding of AI into its drug-discovery processes could an increase in potential output of
as much as 70% in the new drugs to market, according to industry estimates (Gsk, 2024). This
would mean GSK would be able to speed these new drugs to market - that is, with less cost - while
giving them a lead on competitors in modernizing the company to become one of the leaders in
precision medicine. By reducing the time and cost of developing a drug, AI approaches may allow
GSK to invest more resourcing in finding new therapeutic areas.
Blockchain for Supply Chain Management
GSK can hence adopt blockchain technology in its supply chain to drastically reduce the
possibilities of spurious drugs entering the market. This would thus save millions in lost revenues
and legal battles (Uddin et al. 2021). Apart from providing security in their supply chains,
blockchain can bring an improvement in operational productivity at GSK by smoothing out
regulatory compliance, thereby reducing time and resources spent on audits (Gsk, 2024). It would,
therefore, help GSK to focus more on innovation and less on administration, which would drive
growth in business. Increased traceability offered by blockchain technology may be applied to help
raise GSK’s recall management for supply chain disruption.
Digital Therapeutics
The adoption of the technology would make digital therapeutics part of GSK’s product portfolio
and change the way GSK cares for patients, shifting from a product-centric to a holistic and patient-
centred business model (Gsk, 2024). It would bring improvements in patient satisfaction and health
outcomes with increased brand loyalty and long-term revenue growth, but it would also open
opportunities for a wider reach across different therapy areas. This is an area for GSK to
differentiate which includes embedding the pharma solution within a digital monitoring system
(Dang et al. 2020). This personalizes interventions in order to compete for an enlarged fraction of
the chronic disease management market.
Task 3: Data Privacy, Security and Strategic Planning
3.1 Risks concerning implementation of emerging Technologies
Concerns related to data breach
Data privacy-related issues are the most common risks in AI and digital therapeutics. The success
of such technologies depends on very large volumes of sensitive data related to patients. Healthcare
data is arguably considered even more valuable, making it a considerable target for cybercriminals.
The average cost of a healthcare data breach soared to $10.93 million in 2023 versus 2022, an
10
Page 12 of 19 - AI Writing Submission Submission ID trn:oi[Link]67
Page 13 of 19 - AI Writing Submission Submission ID trn:oi[Link]67
increase of 53.3% in the past three years (Greenlee, 2023). Furthermore, mismanagement of GSK
related to the information of patients may lead to loss of compliance with certain regulation laws.
This includes the EU’s GDPR and the US HIPAA Act, both of which come with heavy fines and
penalties.
Bias in AI Algorithms
Another very important risk is related to bias in AI algorithms, where AI artefacts may inherit or
even exacerbate biases in data sets fed into AI algorithms (Scatiggio, 2020). In medicine, this may
lead to disparities in treatment outcomes, i.e. different demographic groups receiving less
favourable treatment based on the decisions of biased algorithms.
Challenges of Blockchain Technology
While blockchain has been advocated and promised for all the above reasons, including security
and transparency, it also comes with significant challenges. The major one among them is
scalability, as this technology is not yet able to process high volumes of transactions efficiently
(Attaran, 2022).
Cybersecurity Threats in Digital Therapeutics
Digital therapeutics software products intended for the management, prevention, treatment, or
rehabilitation of a disease establish all-new possibilities for cybersecurity vulnerabilities. These
platforms deal directly with the patient and hold sensitive health information, making them the
best target for hackers. If that kind of attack was successful, it could compromise patient safety
and disrupt treatment regimens, causing great financial and reputational damage to GSK (Gsk,
2023).
3.2 Risk Management Plan
Application of the COSO Framework
A framework that would enable the successful management of risks involved in the
implementation of emerging technologies by GlaxoSmithKline (GSK) is the COSO Committee of
Sponsoring Organizations that deals with the Treadway Commission Enterprise Risk Management
Framework (Claypole, 2021).
11
Page 13 of 19 - AI Writing Submission Submission ID trn:oi[Link]67
Page 14 of 19 - AI Writing Submission Submission ID trn:oi[Link]67
12
Page 14 of 19 - AI Writing Submission Submission ID trn:oi[Link]67
Page 15 of 19 - AI Writing Submission Submission ID trn:oi[Link]67
13
Page 15 of 19 - AI Writing Submission Submission ID trn:oi[Link]67
Page 16 of 19 - AI Writing Submission Submission ID trn:oi[Link]67
References
Attaran, M., (2022) ‘Blockchain technology in healthcare: Challenges and opportunities’.
International Journal of Healthcare Management, 15(1), pp.70-83. [Link]
[Link]/storage/panel/fileuploads/2022-08-15/1660561895_e17081.pdf
Bisresearch, (2024) ‘Global Blockchain in Healthcare Market’. Available at:
[Link]
[Link]#:~:text=The%20global%20blockchain%20in%20the,of%20%245.61%20billion%20b
y%202025.
Brommels, M., (2020) ‘Patient segmentation: adjust the production logic to the medical knowledge
applied and the patient’s ability to self-manage—a discussion paper’. Frontiers in public health,
8, p.195. [Link]
health/articles/10.3389/fpubh.2020.00195/pdf
Claypole, A., (2021) ‘The COSO ERM framework explained’, Available at:
[Link]
Dang, A., Arora, D. and Rane, P., (2020) ‘Role of digital therapeutics and the changing future of
healthcare’. Journal of Family Medicine and Primary Care, 9(5), pp.2207-2213.
[Link]
202009050-00013
Dang, A., Arora, D. and Rane, P., (2020) ‘Role of digital therapeutics and the changing future of
healthcare’. Journal of Family Medicine and Primary Care, 9(5), pp.2207-2213.
[Link]
202009050-00013
Deloitte, (2024) ‘Using blockchain to drive supply chain transparency’. Available at:
[Link]
[Link]
Grandviewresearch, (2024) ‘Blockchain Technology In Healthcare Market Size, Share & Trends
Analysis Report By Network Type (Private, Public), By End-use (Providers, Payers), By
Application, By Region, And Segment Forecasts, 2024 – 2030’, Available at:
[Link]
Grandviewresearch, (2024) ‘Digital Therapeutics Market Size & Trends’. Available at:
[Link]
14
Page 16 of 19 - AI Writing Submission Submission ID trn:oi[Link]67
Page 17 of 19 - AI Writing Submission Submission ID trn:oi[Link]67
Greenlee, M., (2023) ‘Cost of a data breach 2023: Healthcare industry impacts’, Available at:
[Link]
Gsk, (2022) ‘GSK Modern Slavery Act Statement 2022’, Available at:
[Link]
Gsk, (2023) ‘2023 Annual Report’, Available at: [Link]
[Link]
Gsk, (2024) ‘Our product areas’, Available at: [Link]
areas/#:~:text=It%20includes%20more%20than%2020,whooping%20cough%2C%20polio%20a
nd%20measles.
Gsk, (2024) ‘Research and development approach’, Available at: [Link]
gb/innovation/research-and-development-approach/
Gsk, (2024) ‘Scientists need rich and accessible data at scale’, Available at:
[Link]
gb/#:~:text=Our%20purpose&text=We%20aim%20to%20positively%20impact,company%20wh
ere%20people%20can%20thrive.
Gsk, (2024) ‘Governance report’. Available at: [Link]
[Link]
Gsk, (2024) ‘Responsible business’. Available at: [Link]
[Link]
Gsk, (2024) ‘Strategic report’. Available at: [Link]
[Link]
Gupta, S and Heshmat, S. (2023) ‘Pharma’s new frontier: The potential of Gen AI in drug
discovery and clinical trials’. Available at:
[Link]
gen-ai-in-drug-discovery-and-clinical-trials
Hügle, T. and Grek, V., (2023) ‘Digital transformation of an academic hospital department: A case
study on strategic planning using the balanced scorecard’. PLOS digital health, 2(11), p.e0000385.
[Link]
le
Javaid, M., Haleem, A., Singh, R.P., Suman, R. and Khan, S., (2022) ‘A review of Blockchain
Technology applications for financial services’. BenchCouncil Transactions on Benchmarks,
15
Page 17 of 19 - AI Writing Submission Submission ID trn:oi[Link]67
Page 18 of 19 - AI Writing Submission Submission ID trn:oi[Link]67
16
Page 18 of 19 - AI Writing Submission Submission ID trn:oi[Link]67
Page 19 of 19 - AI Writing Submission Submission ID trn:oi[Link]67
17
Page 19 of 19 - AI Writing Submission Submission ID trn:oi[Link]67