Brand & Portfolio
Analytics
needs and the strategies that maximize the value
of your brand and/or business unit.
Lifecycle Management
New Product
Planning
Promotional Response
Real World
Evidence
The biopharmaceutical industry has firmly embraced the utilization of real-world data (RWD) and real-world evidence (RWE).
From the regulatory perspective, the value is to measure and evaluate the post-market safety of approved drugs.
From the commercial biopharma lens, the data provides a unique perspective on how, when, why and by whom drugs are utilized in a way not previously understood. The advent, use and now integration of longitudinal patient claims and electronic medical records has been a game changer. Large quantitative data sets of patient drug utilization can now provide insights to physician drug choices, patient compliance and persistence, drug switching and substitution and concomitant drug use. The type of available data, and thus analytics, is continually growing. Examples of RWD include data derived from electronic health records, medical claims data, data from product or disease registries, and data gathered from other sources, such as digital health technologies.