Business Information for R&D and Strategic Planning Identifying Issues and Selecting Sources Shaida Dorabjee Information Consultant shaida@sdis.co.uk www.sdis.co.uk Pharma-Bio-Med, Dubrovnik. 2-5 November 2008
Your role in the organisation Marketing the information service Reviewing and auditing the service The importance of business information
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
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
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
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).
Investor power Traditionally financial institutions - investment banks and venture capitalists Pension funds eg Pharma Futures
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
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
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?.
Sources of Business Information
News Alerts, RSS feeds, mobile, blogs etc Google BBC News Yahoo News Moreover w.moreover.com aggregated web news and blogs service Firstword www.firstwordplus.com Pharma news
Moreover RSS feeds
Firstword
Dow Jones dowjones.com FT www.ft.com PRNewswire www prnewswire.com.fr.uk NewsEdge.com www.acquiremedia.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
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
Fiercebiotech Free newsletter, comments on articles; Research Reports eg Innovative Strategies and Models for R&D Success
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)
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
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
EvaluatePharma Plus Financial data, News releases etc
Market Research Reports Mindbranch.com Researchandmarkets.com Marketresearch.com Piribo.com Online business intelligence for the Biopharma industry. 3601 Reports. Espicom.com Aggregators Pharmaceuticals and Devices business intelligence Market research reports
Piribo
Business/Economics The Economist www.economist.com 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 www.eiu.com Business Monitor International www.businessmonitor.com global emerging markets, plus pharma sector
Company information Dun & Bradstreet www.dnb.com 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 www.dataresources.co.uk
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)
Quality Sources used Up to date Verified with originator Benchmark against best practice Re-used information
CMR International 2008 Pharmaceutical R&D Fact Book http://cmr.thomsonreuters.com Parexel Bio/Pharma R&D Statistical Sourcebook 2008/2009 OECD OECD Health Data 2008 Health at a Glance WHO Statistical Information System www.who.int/whosis Facts and Figures
OECD Heath publications
WHO Health Indicators.
Consultants PWC www.pwc.com eg Pharma 2020: Virtual R&D - Which path will you take? Decision Resources Consulting Pharma and healthcare only www.decisionresources.com BCG www.bcg.com Ernst &Young www.ey.com Annual Global Pharmaceutical and Biotech Reports Accenture www.accenture.com IBM Business Consulting www.ibm.com 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
Business Information and MR Organisations European Society for Opinion and Market Research (ESOMAR) www.esomar.org Training, guidelines Market Research Society (MRS) www.mrs.org.uk Code of Conduct, training, events etc SCIP www.scip.org Society for Competitive Intelligence Professionals Institute for Competitive Intelligence www.institutefor-competitive-intelligence.com UK, USA, Germany
Pharmaceutical Marketing Research Group (PMRG) www.pmrg.org Meetings, newsletter etc EphRMA www.ephmra.org European Pharmaceutical Market Research Association BHBIA www.bhbia.org.uk British Healthcare Business Intelligence Organisation PBIRG www.pbirg.com/ Pharmaceutical Business Intelligence Research Group
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
Alacra.com
Alacrawiki.com Guide to business information companies, publishers and databases
BUBL.co.uk (business research)
Intute.ac.uk (Health statistics)
Scirus.com
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
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
Thank you Shaida Dorabjee shaida@sdis.co.uk www.sdis.co.uk