Data, patients and payers key to “New Health” success, says Quintiles

By Gareth Macdonald

- Last updated on GMT

Data, patients and payers key to “New Health” success, says Quintiles
Quintiles’ Jay Norman tells Outsourcing-pharma that data sharing and patient and payer concerns will drive drug industry competition and clinical development decisions accord to new research.

The contract research organisation (CRO) completed its “New Health” report analysing the drug development industry’s evolution during what Norman described as a “period of constant change.​”

He predicted that the tough pharmaceutical market is going to get tougher as industry adapts to managing relationships with new “constellation” of patient, payer and policy making stakeholders.

Norman also revealed that the focus of drug industry competition seems to be shifting away from capital expenditure and science to data and analytics, particularly when companies are deciding which drugs to take into clinical development and when.

We expect to see increased information exchange between pharma competitors and payers…to share data around why products fail and what seems to be working​,” he explained, adding that while pharma focuses on trials and getting to market, patients and payers are look at quality of life benefits post market.

Related news

Show more

Related products

show more

Saama accelerates data review processes

Saama accelerates data review processes

Content provided by Saama | 25-Mar-2024 | Infographic

In this new infographic, learn how Saama accelerates data review processes. Only Saama has AI/ML models trained for life sciences on over 300 million data...

More Data, More Insights, More Progress

More Data, More Insights, More Progress

Content provided by Saama | 04-Mar-2024 | Case Study

The sponsor’s clinical development team needed a flexible solution to quickly visualize patient and site data in a single location

Using Define-XML to build more efficient studies

Using Define-XML to build more efficient studies

Content provided by Formedix | 14-Nov-2023 | White Paper

It is commonly thought that Define-XML is simply a dataset descriptor: a way to document what datasets look like, including the names and labels of datasets...

Related suppliers

Follow us

Products

View more

Webinars