Business Information for R&D and Strategic Planning
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1 Business Information for R&D and Strategic Planning Identifying Issues and Selecting Sources Shaida Dorabjee Information Consultant Pharma-Bio-Med, Dubrovnik. 2-5 November 2008
2 Your role in the organisation Marketing the information service Reviewing and auditing the service The importance of business information
3 Business Information Understand the business To plan your strategy To provide the right service Provide R&D information to business colleagues Keep up to date with business information sources
4 The R&D business issues New therapies, biomarkers, genomics Regulatory pressures focus on safety, economic assessment Patients consumer power, ageing population Initiatives: FDA s US Critical Path Initiative and EFPIA s Innovative Medicines Initiative or EMEA s Roadmap to 2010 New R&D Strategies Investors
5 Rethinking R&D strategies Decentralise R&D Team approach Focus on disease biology Focus on disease-relevant molecular pathways Partnerships Navigating the Drug Discovery Landscape. Decision Resources March 2008
6 The changing R&D process Discovery & Pre-clinical development Clinical trials Phase I Phase II Phase III Regulatory Review Market Incremental vs breakthrough innovation Less bureaucracy more science Emphasis on post-approval studies Learn (Discovery to proof of concept) Confirm (Proof of concept to submission) Build (Discovery to proof of concept) Confirm (Provisional approval) Expand (Updated safety data and clinical outcome) Basic Research (Understanding biology and disease) Translational Research (Concept to clinical evaluation) Critical Path Research (Improving product development).
7 Investor power Traditionally financial institutions - investment banks and venture capitalists Pension funds eg Pharma Futures
8 Pharma Futures Group of three pension funds and industry representatives Dialogue to ensure that funds managed maximise value over the long term The pension funds have invested $20bn in healthcare Interest in R&D Interested in better understanding of process and productivity in Phases I and II, and quality
9 Quality Quality of the pipeline, how quality changes over time and understanding the underlying factors that affect quality. Percentage of me-too s vs novel drugs Degree of diversification of the pipeline Progression within pipeline Rates and reasons for attrition Basic R&D information is becoming key to supporting the business and for strategic planning Pharma Futures Report: Prescription for long-tern value. 2007
10 So what Who is a member of the Pharma Futures Working Group? Where do they get their R&D information from? Who are the your collaborators in the provision of this information? Where do you go to keep up to date with business information?.
11 Sources of Business Information
12 News Alerts, RSS feeds, mobile, blogs etc Google BBC News Yahoo News Moreover w.moreover.com aggregated web news and blogs service Firstword Pharma news
13 Moreover RSS feeds
14 Firstword
15 Dow Jones dowjones.com FT PRNewswire www prnewswire.com.fr.uk NewsEdge.com News and industry information (with taxonomy and tags) Dailydrugnews.com ThomsonReuters; pipeline news Pipelinereview.com R&D News and highlights Pharmalive.com Also Med Ad news and R&D Directions ReutersHealth.com Medical and healthcare news FTP or via website
16 Newsletters Scrip Newsletter BioCentury Business intelligence for Biotech and Pharma MedAdNews Part of PharmaLive family (R&D Directions) Marketletter Global pharma, generic and bio tech business news Fiercepharma and Fiercebiotech Daily monitor
17 Fiercebiotech Free newsletter, comments on articles; Research Reports eg Innovative Strategies and Models for R&D Success
18 IMS www1.imshealth.com Market Research Data Originally data collection, now analysis, solutions, and consulting Tracks over 70% global sales Covers 100 countries Information on 260 million anonymised patients Reports/services IMS Lifecycle (including R&D Focus,New Product and Patent Focus) IMS World Review IMS Knowledge Link (sales, company and R&D info)
19 Business Information Frost & Sullivan frost.com Company and industry reports Research and marketing services Eg Globalisation of clinical trials Datamonitor datamonitor.com Data analysis and forecasting Briefings Reports Eg The Pharmaceutical Industry 2008: Current and Future Trends and Strategic Issues Shaping Pharma
20 Decision Resources decisionresources.com > 150 reports each year. Specific diseases or areas and analysis of key issues facing the biopharmaceutical industry today Eg Navigating the Drug Discovery Landscape: A Strategic Overview of Pharmaceutical R&D EvaluatePharma evaluatepharma.com Forecasting and analysis 900 companies R&D to market Eg World Review 2012 Part of Informa
21 EvaluatePharma Plus Financial data, News releases etc
22 Market Research Reports Mindbranch.com Researchandmarkets.com Marketresearch.com Piribo.com Online business intelligence for the Biopharma industry Reports. Espicom.com Aggregators Pharmaceuticals and Devices business intelligence Market research reports
23 Piribo
24 Business/Economics The Economist Analysis of world business and current affairs, insight and opinion on international news, finance, science and technology. Surveys, Country reports, Backgrounders. Practical guides and dictionary of business terms E.I.U. Country, industry and management analysis Business Monitor International global emerging markets, plus pharma sector
25 Company information Dun & Bradstreet Dun Business information for credit, marketing and purchasing decisions worldwide KBE Key British Enterprises (ekbe); Who Owns Whom (ewow) Bureau van Dijk bvdep.com 7 million companies in Europe ICC International icc.co.uk 22 million European companies Company directories Eg Major Pharmaceutical & Biotechnology Companies of the World 2008 via
26 Information on Company web sites Investor Information Share info, shareholder info, Stock information, SEC filings, financial results, Annual Report, pipeline info Media Section News, archives, photo library (people and locations)
27 Quality Sources used Up to date Verified with originator Benchmark against best practice Re-used information
28 CMR International 2008 Pharmaceutical R&D Fact Book Parexel Bio/Pharma R&D Statistical Sourcebook 2008/2009 OECD OECD Health Data 2008 Health at a Glance WHO Statistical Information System Facts and Figures
29 OECD Heath publications
30 WHO Health Indicators.
31 Consultants PWC eg Pharma 2020: Virtual R&D - Which path will you take? Decision Resources Consulting Pharma and healthcare only BCG Ernst &Young Annual Global Pharmaceutical and Biotech Reports Accenture IBM Business Consulting Focus on IT productivity and processes White papers eg Using high performance computing clusters to accelerate life science solutions ; Pharma 2010: the threshold of innovation
32 Business Information and MR Organisations European Society for Opinion and Market Research (ESOMAR) Training, guidelines Market Research Society (MRS) Code of Conduct, training, events etc SCIP Society for Competitive Intelligence Professionals Institute for Competitive Intelligence UK, USA, Germany
33 Pharmaceutical Marketing Research Group (PMRG) Meetings, newsletter etc EphRMA European Pharmaceutical Market Research Association BHBIA British Healthcare Business Intelligence Organisation PBIRG Pharmaceutical Business Intelligence Research Group
34 Search Engines, Portals and Directories Alacra.com/alacrasearch 100 business information databases Scirus.com Scientific information search engine Vascoda.de Portal for scientific information (medpilot.de - DIMDI and German NLM) Bubl.co.uk Selected internet resources Evaluated Intute.ac.uk Web resources for education and research Evaluated
35 Alacra.com
36 Alacrawiki.com Guide to business information companies, publishers and databases
37 BUBL.co.uk (business research)
38 Intute.ac.uk (Health statistics)
39 Scirus.com
40 For the Info Pro Business Information Review journal devoted entirely to the practice of business information provision sagepub.com. VIP Business Information digital magazine that includes in-depth product reviews and comparisons, interviews with senior information industry figures and monitoring of research to identify future trends Vivavip.com Business Information Searcher quarterly publication for business information professionals, CI and knowledge managers written by acknowledged information professionals. dataresources.co.uk
41 The benefits Better awareness and understanding of your business Forge closer links with other providers of information Raise your profile within the organisation Take a more active role within the organisation
42 Thank you Shaida Dorabjee
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