All Insights Article How Agentic AI is Powering the Next Generation of Pharma Forecasting
How Agentic AI is Powering the Next Generation of Pharma Forecasting
How Agentic AI is Powering the Next Generation of Pharma Forecasting
Industry leaders explore how Agentic AI is modernizing pharmaceutical forecasting by automating data analysis and real-time scenario planning, and how to start with targeted use cases to build confidence.

Pharmaceutical forecasting is a critical function that combines analytical rigor with strategic decision-making. To produce accurate and actionable forecasts, business teams in pharmaceutical companies must synthesize complex data, from clinical trial outcomes and market trends to competitive intelligence and patient behavior. However, traditional forecasting methods often involve manual data processing, time-consuming stakeholder reviews, and repetitive reporting tasks. These inefficiencies can delay insights and hinder responsiveness in a rapidly changing market.
Panel Moderator:
- Jeff Olive, Principal, Axtria
Panelists:
- Ayush Tandon, Executive Director, Head of US Forecasting, Novartis
- Ram Parimi, Head of Data Strategy, Analytics, Forecasting and Insights-US, Ferring Pharmaceuticals
Agentic AI presents a cutting edge opportunity to enhance forecasting processes. By automating process steps like data analysis, scenario modeling, and reporting, AI agents allow business teams and strategic leadership to focus on higher-value work. At Axtria Ignite 2025, prominent leaders from the life sciences industry discussed how Agentic AI can function as an intelligent assistant, supporting rather than replacing human expertise.
The panel emphasized that Agentic AI's key advantage lies in its ability to streamline workflows. It can rapidly process large datasets, generate real-time scenario analyses, and prepare stakeholder presentations. These capabilities address common pain points, such as lengthy approval cycles and the need for more granular, actionable forecasts.
However, successfully implementing Agentic AI requires careful planning. Challenges include ensuring data quality, building stakeholder trust in AI-driven insights, and balancing automation and human oversight. Pharma companies that take a measured approach will be best positioned to realize the benefits.
This article captures the insights two industry leaders shared in a discussion at Axtria Ignite 2025 and explores how Agentic AI is being applied in pharma forecasting today, the practical considerations for adoption, and the steps organizations can take to integrate this technology effectively. The panelists unanimously agreed that the end goal is not to replace human judgment but to augment it, enabling faster, more informed decision-making.
How can Agentic AI revolutionize forecasting workflows?
The pharma forecasting process involves multiple steps: data collection, analysis, scenario modeling, and stakeholder communication, each presenting opportunities for efficiency gains. Agentic AI introduces new capabilities that can enhance these workflows in several ways:
- Automating data and analytics: Forecasting begins with data such as patient records, market trends, and competitive intelligence, but synthesizing these inputs is notoriously labor-intensive. AI agents can:
- Ingest and standardize disparate data sources, from literature searches to real-world evidence, reducing manual errors.
- Run predictive models at scale, identifying patterns in time-series data or patient behavior that humans might overlook.
- Flag data inconsistencies, ensuring forecasts are grounded in reliable inputs.
Why does this matter? By automating analytics, AI allows forecasters to focus on interpreting results instead of compiling them.
- Real-time scenario planning: Forecasts rarely receive leadership approval on the first attempt. "How often do you leave a meeting with unanimous approval?" asked a panelist. "Almost never." AI agents can enable:
- Live adjustments during meetings, like instantly reallocating demand risks or testing launch scenarios.
- Instant "what-if" analyses that can replace ad hoc work.
What is the advantage? Faster cycles, fewer iterations, and more agile responses to market shifts.
- Sub-national forecasting: While national-level forecasts set strategic direction, they often miss regional nuances in patient access, prescribing patterns, and market dynamics. AI agents can:
- Leverage local data (e.g., regional prescription trends, payer policies) to create actionable operational plans.
As one panelist questioned, "Why can't we use Agentic AI and data in order to simplify this process and bring more actionability rather than just creating AI for strategic forecasts?"
- Storytelling and PowerPoint presentation generation: Manual slide creation and narrative development remain time-intensive in forecasting, often diverting analysts from deeper strategic work. AI agents can:
- Auto-generate slides with consistent branding and accurate data visualizations.
- Anticipate leadership questions, stress-testing narratives for credibility gaps.
The panel discussed that if PowerPoint is necessary, it must be made effortless.
What are the key challenges, and how can pharma overcome them?
While Agentic AI offers compelling advantages for pharma forecasting, its implementation comes with distinct challenges that organizations must proactively address. From establishing trust in AI-driven insights to maintaining the crucial human element in decision-making, pharma companies need strategic approaches to overcome these barriers and fully realize the technology's potential.
Challenge 1: The trust gap
Forecasts deal with uncertainty by their nature, making them prone to skepticism from stakeholders across commercial, medical, and executive teams. This inherent distrust is compounded when AI-generated forecasts are introduced, as decision-makers question the "black box" nature of algorithms and their ability to account for nuanced market realities that experienced forecasters intuitively understand.
The panelists discussed the following AI-based solutions:
- Start with the science part: Prove AI's reliability on data tasks first (e.g., accuracy in predictive analytics).
- Validate incrementally: Use AI for low-stakes scenarios (e.g., internal reports) before high-impact decisions.
Critical thinking is essential in AI, just as it is crucial to verify insights provided by team analysts, ensuring that information is confirmed before scaling.
Challenge 2: Balancing the art and the science
Effective forecasting requires technical precision and strategic finesse. The "science" of data modeling and analytics must be balanced with the "art" of aligning diverse stakeholder perspectives. While AI excels at processing complex datasets and identifying patterns, it lacks the human ability to navigate organizational dynamics, interpret nuanced feedback, or adapt forecasts to unspoken political realities. This dichotomy creates both a limitation and an opportunity. Agentic AI can shoulder the computationally heavy lifting, allowing forecasters to focus on the contextual intelligence and relationship-building that ultimately drive consensus and adoption.
The panelists stressed:
- Don't automate the art: AI can't navigate office politics or negotiate targets.
- Do automate the science: Free forecasters from spreadsheets to focus on strategic storytelling.
A panelist noted that the biggest win is efficiency; let AI handle the math so humans can handle the meaning.
Challenge 3: Data foundations
The principle of "garbage in, garbage out" is particularly relevant when implementing Agentic AI in pharma forecasting, as these systems require comprehensive, well-structured data to generate reliable insights, whether integrating real-world evidence (RWE), clinical trial data, market research, or competitive intelligence. Many organizations face significant hurdles due to fragmented data ecosystems with inconsistent formats, missing variables, and a lack of standardization across sources. This can lead to flawed outputs if not addressed.
To unlock AI's full potential.
- Leading organizations are establishing enterprise-wide data governance committees to standardize definitions and quality controls. At the same time, they are modernizing their data infrastructure with cloud-based platforms that enable seamless integration. These efforts create the foundation for Agentic AI to deliver accurate, actionable insights rather than amplifying existing data weaknesses.
- Critically, this work must be viewed not as an IT project, but as a strategic priority. The quality of AI-driven forecasts will only ever be as strong as the data ecosystem supporting them.
Where should pharma companies start?
For pharma companies looking to integrate agentic AI into their forecasting operations, the path forward lies in identifying high-impact, manageable use cases that demonstrate quick wins while building organizational confidence in the technology. Rather than attempting a full-scale transformation, organizations should adopt a phased approach, starting with well-defined applications where AI can immediately alleviate pain points, deliver measurable value, and establish a foundation for broader adoption.
- Automate analytics: Use AI to process literature searches, time-series extrapolations, and event-impact modeling.
- Pilot real-time scenarios: Test AI-driven adjustments in low-risk forecast reviews.
- Delegate slide creation: Tools like AI-powered PowerPoint assistants cut prep time by over half.
- Build sub-national models: Start with one region or therapeutic area to demonstrate actionability.
The road ahead: Consider AI as a copilot, not a replacement
Agentic AI is designed to enhance, not replace, pharma forecasters by automating routine tasks while preserving human expertise for strategic decision-making. Successful adoption requires a balanced approach – leveraging AI's analytical capabilities for data processing and scenario modeling, while empowering teams to focus on insight generation and stakeholder alignment.
As industry leaders emphasize, this transformation demands thoughtful change management. Organizations should prioritize quick wins to build confidence, maintain transparency in AI methodologies, and foster collaboration between technical and commercial teams.
The most forward-thinking companies will use this technology to elevate forecasting from a periodic exercise to a dynamic, insight-driven process. Combining AI's speed with human judgment can create more responsive, data-informed strategies that effectively navigate market uncertainties.
One panelist noted that the goal isn't prediction, it's preparedness. Organizations that adapt their processes and people to work with agentic AI will gain a competitive edge as the industry's rapid progress continues.
FAQs
Agentic AI refers to intelligent systems that can work autonomously, unlike Generative AI which requires more human oversight. Each agent is specialized to perform a specific task, like data analysis, scenario modeling, or reporting. In pharmaceutical forecasting, Agentic AI automates complex processes, such as synthesizing clinical trial data, market trends, and competitive intelligence, allowing human experts to focus on strategic decision-making rather than deep data dives.
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