How Pharmaceutical Companies Are Leveraging Data Analytics to Drive Innovation

As the technology became more advanced and accessible, data analytics for healthcare extended to Pharmaceutical companies that saw great potential and an opportunity to accelerate critical aspects of core business such as drug discovery, patient trends. Pharmaceutical is a domain that has fierce competition with companies racing for drug patents and hence to extract the best results out of data analytics, the market research and drug innovation teams are finding newer ways to empower the business and gain critical competitive advantage by leveraging different data analytics tools. Let’s take a look at different ways Pharmaceutical companies are leveraging data analytics to drive value.

A. Drug Discovery & Development

Accelerating the drug discovery process is critical for Pharmaceutical companies that are always on the cusp of occupational hazards such as expiring patents. From the initial research to the final launch, t is estimated that an investment of a few billion dollars ($3bn to $5bn) goes into new drug development. Today, businesses are always in the search of finding better ways of using data visualization tools to interactively display vast data collected from recent patents, medical journals, and published media from researchers. Unlocking hidden insights from such data is critical for companies to optimize their drug development process and Pharmaceutical giants such as Sanofi, Bayer, AstraZeneca are already betting big on data analytics for healthcare to help them win the drug launch race!

B. Leveraging Predictive Modeling

The importance of accurately using a data visualization platform to identify which attributes of a patient’s health qualify for the use of a particular drug cannot be overstated! The industry has seen a meteoric rise in companies analyzing data such as patients’ lifestyles, genetics, and existing disorders to predict risks and drive therapy focusing on critical neurodegenerative and cardiovascular medical conditions. Linking the possible risks of particular drugs to the medical conditions ensures the patient does not intake medication that may prove fatal in the long run. Companies that specialize in data analytics services are thus empowering the Pharmaceutical companies to invest in drug discoveries that have more upside in the future.

C. Improving Clinical Trials

Clinical trials form an important aspect of any successful Pharmaceutical company. It is also a process that requires a huge investment of time and money and is often dependent on external factors such as the right mix of patients, accuracy of data, etc. Big Data has been instrumental in identifying the right demographic and analyzing historical data to form the best-suited group of a patient for the clinical trials thereby improving the end-results. Data collected during the process such as genetic background, side-effects, medical monitoring is also useful to the researchers and leveraging data visualization software to intuitive showcase charts and reports enables the stakeholders to get the accurate representation and make informed conclusions.

D. Effective Patient Profiling

Due to the global adoption of Electronic Medical Records (EMR/EHR) critical medical sensors, drug treatment data is available easier than ever before. As patient treatment improves, medical practitioners, as well as Pharmaceutical companies, have realized that the one-drug-fits-all approach is no longer the best way to go forward. Analyzing this data has empowered Pharmaceutical companies to dig deeper and extract patterns and trends to target their development efforts. Such data is also useful for business owners and product heads to decide drugs that are given to patients with common disorders or specific medical conditions. Companies such as Pfizer are already investing big in data analytics and visualization software to drive their targeted efforts.

Impact of Investing in Data Analytics for Pharmaceutical Businesses

Optimize the product pipeline.
Reduce the cost of the drug development process.
Enhanced Clinical Trial Feedbacks.
Predict disease trends and patterns.
Improve medical forecasting.
Improved drug launch cycle.
ITCube’s product and IT services have enables healthcare businesses around the globe to optimize their business processes and align them with the desired business outcomes. Get in touch with our experts at [email protected] to know how our dynamic and robust data visualization software ITLytics can empower your organization to gain a competitive advantage and prepare for the upcoming decade.

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Chia Seeds are low in calories and cholesterol, have no added sugar and are also free from any chemicals or preservatives. These seeds are super versatile and can easily be incorporated in your daily diet. First, chia seeds are rich in omega-3 fatty acids. Consuming chia seeds is probably the easiest way to intake these healthy fatty acids. Yes, we have flaxseeds or salmon that are good sources of omega-3s, but it’s all about the ease of intaking. You don’t have to grind or cook the chia seeds. One serving of chia seeds contains 5 grams of omega-3 fatty acids.

Secondly, they contain soluble fiber. Simply get the chia seeds a little wet, and you will see them turning into a gel – which is the soluble fiber. The benefits of soluble fiber are many – it helps manage blood sugar, feeds the gut-friendly bacteria, and even bulks up the stool. A single serving of chia seeds meets almost a third of your daily fiber requirement. If you have bone issues, you can swear by chia seeds. A high content of calcium, phosphorous, and manganese make them good for the bones.

Stronger Bones

Just one ounce of BY NATURE chia seeds has about 18 percent of the recommended daily amount of calcium. Calcium is fundamental in bone health and helps maintain bone strength and mass.

High in Quality Protein

BY NATURE chia seeds contain a decent amount of protein.They also have a good balance of essential amino acids, so your body should be able to make use of their protein content.

Skin and Aging

BY NATURE Chia seeds are great for restoring vital moisture, diminishing redness and inhibiting the appearance of wrinkles. Those essential fatty acids also help to make the skin feel soothed and calmed, while giving it a supple and plumped up appearance.

Helps in Weight Loss

Chia seeds can be blended into a smoothie or go as a topping on a salad of your choice. This will leave you feeling full for a longer duration. Soaked chia seeds can be chewed before major meals to get adequate portion control and, thereby, prevent binge eating,”

Fatigue Reducer:

Chia Seeds Have Minerals Like Phosphorus & Magnesium in Rich Quantities. This Helps in Boosting Energy and Reducing Fatigue.

Ready to Use 100% Natural Pure Premium Quality

How Can we Use:

Soak Chia seeds in water for 25-30 mins before eating.Just add a dash of chia seeds to your diet and experience an amazing change in the way your body feels!

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