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Pharma

Report: Pharma R&D ROI Falls to Lowest Level in 13 Years

by Syed Hamza Sohail 02/16/2023 Leave a Comment

Pharma R&D ROI Falls to Lowest Level in 13 Years

What You Should Know: - Deloitte Centre for Health Solutions releases its thirteenth annual report, ‘Seize the Digital Momentum: Measuring the return from pharmaceutical innovation 2022’ that explores the performance of the biopharmaceutical industry (bio Pharma) and its ability to generate returns from investment in innovative new medicines. - Since 2021, much of the world has successfully adjusted to life where COVID-19 is more endemic as vaccines and treatments reduced the risk and
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2023’s Biggest Pharma Cybersecurity Threats to Watch

by JP Perez-Etchegoyen, CTO of Onapsis 02/03/2023 Leave a Comment

2023’s Biggest Pharma Threats to Watch

Due to the recent growth of the pharmaceutical industry, the value of highly-sensitive data stored in pharmaceutical systems and the degree of the potential damage that cyberattacks on the industry can cause, it is safe to say that pharma could be one of the most targeted industries by cybercriminals in 2023. Ransomware, phishing attacks, business applications and third-party vendors will be some of the biggest threats to this key vertical as we approach the new year. RansomwareThe threat of
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8 Executive Pharmacy Predictions/Trends to Watch in 2023

by Fred Pennic 01/18/2023 Leave a Comment

Executive Pharmacy Predictions/Trends 2023

Frank Harvey, CEO at Surescripts Community pharmacists trusted to deliver care: In 2023, pharmacists will play an integral role as part of the team managing patient care for diseases like diabetes, hypertension, or multiple comorbidities. And to support this work, I predict that we will see more activity between payers, pharmacists, the government and technology organizations to ensure that pharmacists are able to perform these important activities and be reimbursed for their work. Greg
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5 Executive Healthcare Cybersecurity Predictions to Watch in 2023

by Jasmine Pennic 01/14/2023 Leave a Comment

5 Executive Healthcare Cybersecurity Predictions to Watch in 2023

Irfan Shakeel, VP of Training and Certification Services, OPSWAT Cyberattacks on the healthcare industry will continue to increase: The healthcare industry is most vulnerable to cyberattacks, which makes it a lucrative target for cybercriminals; attacks on the healthcare industry have grown significantly in 2022, and attacks will even go further in 2023. According to IBM, healthcare breaches cost the most at $9.23 million per incident. And, most importantly, cyberattacks not only affect human
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7 Life Sciences Executive Predictions to Watch in 2023

by Fred Pennic 01/13/2023 Leave a Comment

7 Executive Life Sciences Predictions to Watch in 2023

Tracy Curley, CFO and interim CEO at iSpecimen Focusing on the macroeconomic environment, which remains impacted by the lingering COVID-19 pandemic, there continues to be uncertainty about the strength of the global, Asia Pacific, UK and US economies. High-interest rates and a potential recession remain a concern for all market participants. At ISPC, we are closely monitoring the pace of specimen transactions. We believe that this industry can be resilient through a continued economic
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Exec Hires: Former WebMD Exec Joins ODAIA as New Chief Commercial Officer

by Digital Health Executive Hires 01/11/2023 Leave a Comment

Exec Hires: Former WebMD Exec Joins ODAIA as New Chief Commercial Officer

What You Should Know: - ODAIA, the company empowering pharma’s next generation of engagement with healthcare professionals through predictive analytics announces the appointment of Dr. Eric Trépanier (Pharm.D, CFA) as its new Chief Commercial Officer.  - As Chief Commerical Officer, Trépanier will drive sales of ODAIA’s MAPTUAL Sphere and MAPTUAL Field products, which aim to expand and deepen relationships between physicians and the commercial teams and sales reps at pharma
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Real-World Data Startup Crescendo Health Launches with $3.2M

by Fred Pennic 01/06/2023 Leave a Comment

Real-World Data Startup Crescendo Health Launches with $3.2M

What You Should Know: - Crescendo Health, a real-world data startup that's drastically reshaping how clinical researchers get access to hard-to-reach patient data to support their clinical research today officially announced its launch with $3.4M in seed funding from Define Ventures as well as the founders and CEOs of many other well-known organizations. - Founded by the co-founder of Datavant (merged with Ciox in a $7 billion deal), and a top product-management leader from Grand
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The Patient Journey Tech Stack: 10 Pharma Predictions for 2023

by Yishai Knobel, Co-Founder & CEO of RxWare 01/05/2023 Leave a Comment

The Patient Journey Tech Stack: 10 Pharma Predictions for 2023

The complexity of demands on Market Access teams has increased in recent years, between introducing innovative therapies targeting smaller populations and higher bars from Payers and PBMs.  Now, drug manufacturers are bucking up. According to the IQVIA Institute, the prescription abandonment rate has reached 27 percent, or $76 billion annually, in specialty drugs alone. This squandered revenue has led manufacturers to increase their focus on the complex, nuanced patient journey.  As a
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When Innovation Isn’t Enough: Pharma’s Next Frontier

by Michael Sheeley, Co-founder & CEO of Nurse-1-1 12/14/2022 Leave a Comment

Michael Sheeley, Co-founder & CEO of Nurse-1-1

I met Mark Cuban once. Our conversation didn’t last very long. It was at a medical conference a few years ago. Cuban felt like a great guy to approach with an idea for a healthcare startup. We were both investors in an automation software startup called Zoba, and I of course knew him from his role on the popular entrepreneurial reality TV series Shark Tank. A few seconds into our conversation, Cuban paused. “Healthcare is hard,” he sighed. That was his way of politely telling me: for that
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Analysis: RSNA 2022: Predictions vs Reality

by Steve Holloway, Director at Signify Research 12/13/2022 Leave a Comment

RSNA 2022: Predictions vs Reality

Much has already been written about attendance at RSNA, but from a first-hand perspective, RSNA 2022 could be regarded as a step back toward “normal”. Amongst mostly bustling halls, vendors reported very positive feedback on the volume and quality of customer meetings, with one prominent global imaging vendor citing “We’re signing deals here at the show again – things are looking up”.  Against this positive backdrop, however, the stark challenges facing radiology in a post-COVID world were
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