Lifesciences - Info Graphic Deck
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Lifesciences - Info Graphic Deck
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To redefine value and success, leaders in life sciences are working to: Improve clinical development processes Act on insights to drive growth Transform Life Sciences Enhance relationships across the ecosystem
Research and development productivity has declined and spend has doubled. $US billions 18 15 16 20 13 12 11 38 35 34 31 29 28 27 26 26 24 23 48 49 40 31 37 43 47 30 35 46 26 2004 2000 2001 2002 2003 2005 2006 2007 2008 2009 2010 (est) Non-PhRMAcompanies PhRMA companies’ New medicines approved by FDA
Life sciences leaders are defining their role in the healthcare ecosystem and see transformation as required to achieve it. Supplier ofProducts SolutionsProvider Value to Healthcare Ecosystem Traditional Product Provider Product Wrap-Around Service Therapeutic AreaService Provider Health SolutionsProvider
What does enhancing relationships across the ecosystem look like? Providers Retail clinics Medical device manufacturer Banks HealthPlans Pharmas Communicationsservice providers Networkingproviders Pharmacy benefit managers Sources: IBM Institute for Business Value analysis.
A global pharmaceutical manufacturer defined a chronic disease management solution for the Patient Centered Medical Home. XX providers leveraging the solution Business problem: A global pharma company sought to change their relationship and perception among key healthcare stakeholders by providing a competitive value-add service to healthcare providers. Solution: Capitalize on current capabilities and include remote health monitoring and analytics, clinical decision support, e-learning training modules, and a wellness and disease state content portal for patients and physicians to provide a comprehensive view of the patient and enable proactive management of chronic diseases. Design a future state operating model to develop, launch, and sustain the new business solution and support the client in developing the pilot offering for the service and engaging with the prospective pilot site.
Enables expansion of product and service offerings. • Create innovative offerings that address the broader healthcare market • Engage with healthcare partners such as payers, providers, caregivers and patientsin a new way • Pilot new services rapidly, capture learning and iterate to drive new business models Enables you to Management of Care Opportunities Therapeutic Compliance Care Planning Information about each Patient Transitional Care Management Shared Care / Referrals Management
Collects evidence to prove medications work as intended, have defined safety profiles and prove cost-effectiveness against other approved medications. • Access health records from multiple payers • Query critical clinical information • Provide compelling and credible analysis of medications compared with competitors • Identify unmet needs and disease insights • Minimize safety issues Enables you to Evidence-based medicine Patient data availabilityEMR / Clients Insights Population analysis Predictive analytics
What is your preferred starting point? Innovation Strategy Explore the strategic rationale of expanding into new services, and which areas hold the most promise for your firm. Address and define how you innovate across a portfolio of potential new game-changing options. Analytics Strategy Begin with what you already know about your current R&D strategy to focus on gaps and an analysis of ROI for potential transformation. Exploration workshops and innovation workshops could be a potential engagement process to align the R&D strategy to business goals. Pilot Test Bed Begin with a pilot (proof of concept) of a solution, build support for the project, iterate, learn and build future solution strategy from there.