Explore recent issues of Contract Pharma covering key industry trends.
Read the full digital version of our magazine online.
Stay informed! Subscribe to Contract Pharma for industry news and analysis.
Get the latest updates and breaking news from the pharmaceutical and biopharmaceutical industry.
Discover the newest partnerships and collaborations within the pharma sector.
Keep track of key executive moves and promotions in the pharma and biopharma industry.
Updates on the latest clinical trials and regulatory filings.
Stay informed with the latest financial reports and updates in the pharma industry.
Expert Q&A sessions addressing crucial topics in the pharmaceutical and biopharmaceutical world.
In-depth articles and features covering critical industry developments.
Access exclusive industry insights, interviews, and in-depth analysis.
Insights and analysis from industry experts on current pharma issues.
A one-on-one video interview between our editorial teams and industry leaders.
Listen to expert discussions and interviews in pharma and biopharma.
A detailed look at the leading US players in the global pharmaceutical and BioPharmaceutical industry.
Browse companies involved in pharmaceutical manufacturing and services.
Comprehensive company profiles featuring overviews, key statistics, services, and contact details.
A comprehensive glossary of terms used in the pharmaceutical and biopharmaceutical industry.
Watch in-depth videos featuring industry insights and developments.
Download in-depth eBooks covering various aspects of the pharma industry.
Access detailed whitepapers offering analysis on industry topics.
View and download brochures from companies in the pharmaceutical sector.
Explore content sponsored by industry leaders, providing valuable insights.
Stay updated with the latest press releases from pharma and biopharma companies.
Explore top companies showcasing innovative pharma solutions.
Meet the leaders driving innovation and collaboration.
Engage with sessions and panels on pharma’s key trends.
Hear from experts shaping the pharmaceutical industry.
Join online webinars discussing critical industry topics and trends.
A comprehensive calendar of key industry events around the globe.
Live coverage and updates from major pharma and biopharma shows.
Find advertising opportunities to reach your target audience with Contract Pharma.
Review the editorial standards and guidelines for content published on our site.
Understand how Contract Pharma handles your personal data.
View the terms and conditions for using the Contract Pharma website.
What are you searching for?
Understanding new data sources and elevating compliance to drive innovation.
June 16, 2020
By: Updesh dosanjh
Practice Leader, Pharmacovigilance Technology Solutions, IQVIA
Currently, a mere 15 percent of drugs successfully make it from clinical trials to FDA approval — with nearly 75 percent of failures attributed to safety and efficacy concerns. Once drugs do make it to market, keeping treatments there requires increasingly in-depth pharmacovigilance practices. With 80 percent of health care data currently residing in unstructured formats, adverse event monitoring and reporting has long been a challenge for the industry. This is further exacerbated as unstructured data sources grow and need to incorporate new natural language (i.e., slang words and more informal descriptions of drug side effects that are provided by patients). Patient-reported outcomes are being shared through a multitude of unstructured channels, including patient discussion boards and online forums, doctors’ notes captured in electronic health records, phone conversations with medical call centers, social media platforms and more. As a result, the industry requires digital transformation to capture this information. Natural Language Processing (NLP) is an Artificial Intelligence (AI) technology that can mine and “read” unstructured text-based documents, extract the key information and convert this into structured information that can be analyzed by a computer. This is one tool that pharmaceutical companies are increasingly adopting as part of their digital transformation initiatives. NLP is not a new technology for the industry — with almost all the top 20 pharmaceutical companies in the world leveraging NLP in some way. NLP has already seen strong use cases in recent years from bench to bedside — these include helping gene-disease associations with the rapid review of literature landscapes for in early discovery phases, as well as patient identification for clinical trials via data mining from electronic medical records and previous clinical studies. Still, NLP has significant untapped potential in other areas of the industry. Here are three key challenges it can help address in the area of safety and regulatory compliance. Meeting Evolving Compliance Demand Pharmaceutical professionals working in compliance have traditionally been the most reticent to adopt technology; however new regulations and expectations are forcing a shift. Standards from regulatory bodies around the world increasingly demand more holistic and timely reporting for safety. With this change, the need for real-time processing becomes critical to maintain compliance. NLP can solve the issue of timely reporting while handling increased complexity of data. It does so by combining and comparing adverse events from decades of static legacy data (such as previously published medical literature) with new incoming patient data, which can be captured and processed in near real time. Today, NLP is capable of standardizing and reporting potential adverse events with a high degree of accuracy. In one example, rare disease biopharma company CSL Behring, doubled its accurate auto-coding of adverse events to Medical Dictionary for Regulatory Activities (MedDRA) from 30 percent (with the simple use of verbatim text-matching) to more than 60 percent with NLP technology. Understanding New Data Sources The biggest concern that arises with the availability of so much data in unstructured formats is the possibility that something could be missed. The average patient does not always knowingly report an adverse event, nor do they communicate it in absolute certain terms. The intricacies of natural language must be taken into consideration, as well, including slang and exaggeration — particularly when thinking about social media environments and similar online repositories. In this case, NLP becomes a critical tool for contextualizing information beyond a simple keyword search. NLP becomes still more important as we think about the trajectory of emerging or entirely new data sources. For example, the number of connected wearable devices worldwide is expected to grow to by more than 1.1 billion in 2022. Data from these devices can be expected to grow in tandem as technology improves its ability to measure biometrics as well as process natural language via built-in voice assistants. With more available data sources, the quality of manual data processing will inevitably degrade. Thus, NLP will become essential for continuously making sense of these growing critical data sources. Elevating Compliance to Drive Innovation Compliance has long been viewed as a cost center for pharmaceutical companies. However, the industry is waking up to how automation via NLP and other technologies can truly evolve the entire function of safety and regulatory departments. Freeing up resources from manual reporting challenges enables companies to reinvest in activities that drive true business value, with the ability to analyze the depth and breadth of previously untapped data to fuel future research and development activities. Thinking past regulatory and safety compliance, understanding natural-language data sources will provide a competitive edge for biopharmaceutical companies seeking new opportunities for clinical development. The same channels that detect adverse events may lead to the discovery of entirely new indications for their product pipeline or broader need for future treatments. This will prove to be a critical differentiator — to the industry at large and particularly, for companies driving toward proofs of concept as we enter the era of precision medicine.
Enter your account email.
A verification code was sent to your email, Enter the 6-digit code sent to your mail.
Didn't get the code? Check your spam folder or resend code
Set a new password for signing in and accessing your data.
Your Password has been Updated !