The evolution of information technology and commercial biotechnology in the pharma industries

Abstract

The essential purpose of the research study is to determine the evolution of information technology and commercial biotechnology in the pharma industries. This research study depends upon data collection methods related to information technology and commercial biotechnology. The research was conducted in china, and the data was collected from Chinese pharma industries through specific questions. We used smart PLS software to measure the data and run results that included significant analysis, indicator correlation, the R square, co-linearity statistical analysis, and the smart PLS Algorithm model and presented the discriminant validity analysis between independent and dependent variables. Information technology is an independent variable, and commercial biotechnology is a dependent variable. Overall result found a positive and significant evolution of information technology and commercial biotechnology in pharma industries. Therefore, information technology shows a vital role in the pharma industry.