Data Analytics for Pharma Development Industry Trends

| August 6, 2019

article image
In this infographic you will learn about the biggest challenges that are facing those using data analytics in their drug development, the strengths of using AI & Machine Learning, how the use of Real World Data can be improved and where the future lies in data analytics in pharma development with many more insights.

Spotlight

Pharmathen

Founded in 1969, the company has achieved significant milestones through an immaculate performance history, always upholding the highest ethical and operational standards, with compliance to regulatory affairs. Strongly dedicated to strategic planning and its vision, Pharmathen soon emerged as one of the largest independent generic development companies in Europe. With a pipeline of approximately ten generic molecules a year and vigorous export activities in over 80 countries, the company has reached export sales dynamics that amount to 70% of the group’s total annual sales.

OTHER ARTICLES

Top Pharmaceutical Firms Urge FDA to Adopt Blockchain for Drug Tracking

Article | February 25, 2020

Leading market participants in the United States pharmaceutical industry, logistics firms, distributors and other stakeholders in the pharma supply chain have come together to publish a report buttressing the need for industry players to adopt blockchain for tracking prescription drugs, following the successful completion of a DLT pilot project with the Food and Drug Administration (FDA), according to reports on February 24, 2020. Though nascent, blockchain technology, the building blocks of Bitcoin (BTC) and other cryptocurrencies are fast gaining ground across various ecosystems, due to its immutability, security, privacy, and other intricate properties. In the latest development, 25 leading manufacturers of pharmaceutical products, logistics partners and other market participants in the pharma supply chain, have published a report that highlights the importance of blockchain technology in drug traceability.

Read More

Top Specialty Pharmacy Therapy Areas

Article | March 16, 2020

Accelerated by advancements in cancer treatments and a growing emphasis on personalized and precision medicine, specialty pharmacy represents a rapidly growing sector within the healthcare industry. In fact, the market is projected to grow to $500 billion by the end of this year—up from $200 billion in total U.S. specialty drug spending in 2017. Industry growth of this magnitude creates challenges for those looking to understand and penetrate the market. It can be difficult, after all, to maintain updated information about high-priority drug therapy areas or facility affiliations in a market that’s constantly changing.

Read More

Clinical Development Risks and Issues in a COVID-19 World

Article | March 20, 2020

Global clinical guidelines have shifted the industry toward risk-based approaches for the planning and execution of clinical trials. The ICH’s guidelines for Good Clinical Practice state that sponsors should evaluate identified risks against existing risk controls by considering “the likelihood of errors occurring, the extent to which such errors would be detectable, and the impact of such errors on human subject protection and reliability of trial results” (ICH E6 R2).

Read More

Five Ways to Manage Your Trial Effectively in a Fast-Changing Global Environment

Article | March 11, 2020

Over the past half-century, clinical trials have grown increasingly complex. A flood of new data from novel sources combined with more elaborate study designs and tougher regulatory standards have lengthened timelines and hiked costs, contributing to a steady decline of efficiency. It all adds up: Nearly half of all drug launches underperform revenue expectations. And if that isn’t enough, the outbreak of COVID-19 worldwide is having an effect on how life sciences companies operate their businesses, including how clinical trials are conducted. Most clinical trial research organizations have tried to adapt by tweaking a platform here, adding a new app there, but this has only yielded patchwork systems of sites, spreadsheets and dashboards that further burden the process.

Read More

Spotlight

Pharmathen

Founded in 1969, the company has achieved significant milestones through an immaculate performance history, always upholding the highest ethical and operational standards, with compliance to regulatory affairs. Strongly dedicated to strategic planning and its vision, Pharmathen soon emerged as one of the largest independent generic development companies in Europe. With a pipeline of approximately ten generic molecules a year and vigorous export activities in over 80 countries, the company has reached export sales dynamics that amount to 70% of the group’s total annual sales.

Events