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» Products & Services » » Medical Affairs » Data Management and Biostatics

Leveraging Medical Analytics: Key Data Sources and Lessons Learned

ID: 5777


Features:

17 Info Graphics

6 Data Graphics

50+ Metrics

5 Narratives


Pages/Slides: 30


Published: 2023


Delivery Format: Online PDF Document


 

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  • STUDY OVERVIEW
  • BENCHMARK CLASS
  • SPECIAL OFFER
Non-members: Click here to review a complimentary excerpt from “Leveraging Medical Analytics: Key Data Sources and Lessons Learned”

STUDY OVERVIEW

Medical Affairs organizations are increasingly recognizing the potential of advanced analytics to drive critical improvements in strategies, product launches, patient outcomes, and care models. However, the adoption of advanced analytics varies widely across the industry, with factors such as regulatory complexities and limited technical expertise posing significant challenges.

Best Practices, LLC conducted this benchmarking research to delve into the foundational aspects of utilizing Medical Analytics effectively. The study explores how Medical Analytics organizations define their goals when implementing analytics, examines the current applications of Medical Analytics in supporting critical activities, and probes the utilization of both big and small data for maximum impact.

KEY TOPICS

  • Organizational goals of using Medical Analytics
  • Current uses of Medical Analytics to support key activities
  • Big vs. small data utilization
  • Key data sources and impact

KEY METRICS

  • What are benchmark organizations’ goals for using analytics in Medical Affairs?
  • What type(s) of data inputs are most conducive to impactful analytics in Medical Affairs?
  • Key data sources used by Medical organizations

SAMPLE KEY FINDINGS

  • Organizational Goals for Medical Analytics: Biopharma manufacturers are seeking to maximize Medical impact through insights generation (81%), enhanced customer interactions (63%), and omnichannel engagement (51%) fueled by a strategic Medical Analytics capability.

METHODOLOGY

Best Practices, LLC engaged 41 Medical Affairs leaders from 38 leading biopharma organizations in this benchmarking research study. A range of functional leaders were targeted to capture the diverse strategies and analytical needs across the industry. Functions represented by this study include: Medical Operations, Medical Excellence, Digital & Medical Analytics, HEOR, Field Medical, Medical Communications, Medical Info, Strategic Insights, and other Senior Medical Leadership. Best Practices LLC also conducted deep-dive interviews with Medical Affairs & Analytics leaders at 9 organizations to capture additional insights.

Industries Profiled:
Health Care; Biotech; Biopharmaceutical; Pharmaceutical; Medical Device; Manufacturing; Consumer Products; Diagnostic; Communications; Science


Companies Profiled:
Acadia Healthcare; Amicus Therapeutics; Apellis Pharmaceuticals; ASC Therapeutics; Astellas; AstraZeneca; Baxter International; Bayer; Biogen; bioMerieux; Boehringer Ingelheim; Daiichi Sankyo; Dompé; Eisai; Eli Lilly and Company; Envista; GE Healthcare; Grifols; Janssen; Kyowa Kirin; Merck Sharp & Dohme; Merz Aesthetics; Myovant Sciences; Nobel Biocare; Novartis; Novo Nordisk; Organon; Roche; Sumitomo Pharma; Sunovion; Symbiotix; Teva Pharmaceutical Industries Ltd; Thermo Fisher Scientific; Unilab; Varian; Xeris Pharmaceuticals

If you purchase Best Practice Database document(s), you will have 30 days from the date of purchase to apply some or all of the cost of the document(s) toward the cost of a Full Access Individual, Pharma, Group or University Membership. Write us at DatabaseTeam@bestpracticesllc.com or call David Guinn at 919-767-9179 if you have any questions.