4 Issues Holding AI Back In Life SciencesRead the rest of this entry »
There's hardly an industry that artificial intelligence hasn't touched. In one form or another -- machine learning, chatbots and predictive analytics, for example -- AI is rapidly becoming a part of all technologies. The life sciences are no exception, though many professionals believe the industry is lagging in its adoption of AI.
Last summer's survey by The Pistoia Alliance found 42% of life sciences professionals doubting that AI has yet proven its ...
Biotech and Pharma: Outlook Is Overall PositiveRead the rest of this entry »
For the biotech and pharmaceutical industries, 2018 has proven to be a mixed bag, but with more overall positives than negatives.
In an article reviewing the year so far, and looking ahead to 2019, Peter Young president and managing director of the life science and chemicals investment banking firm Young & Partners, says drug approvals and development escalated and the emergence of new approaches in immuno-oncology, CRISPR, personalized medicine, and ...
NYC Offers Life Sciences InternshipsRead the rest of this entry »
An innovative life sciences internship program in New York City is attracting scores of applications from undergrads and graduate students, competing for access to summer jobs in the city's burgeoning life sciences industry.
The program is just one part of an ambitious, 10-year, $500 million strategy to create 16,000 new life sciences jobs and make New York a leader in the industry. Most of the funding will go to ...
Survey: Clinical Trials Are Important, But Hard to FindRead the rest of this entry »
A global survey of attitudes and perceptions about clinical research trials found both the public and those who have participated in a trial convinced of their importance, but lacking in understanding about how they work and largely uninformed about opportunities for participation.
Conducted by the Center for Information and Study on Clinical Research Participation and published last week on JAMA Network Open, the purpose of the survey was to see ...
Market for Clinical Trial Services to Grow 20%Read the rest of this entry »
Clinical trial services are projected to grow at an annual rate of 12% over the next three years, according to a projection from The Business Research Company. That's a 20% increase over the previous few years.
The report says the growth in outsourcing to contract research organizations (CROs) is the result of cost-cutting by pharmaceutical and biotechnology companies, which has led many of them to outsource parts of their drug ...
DIA Launches Pharma, Lifesciences Content PortalRead the rest of this entry »
Anyone involved in clinical research or trials knows how hard it is to stay atop developments in the field. Those lucky enough to attend one of the DIA global conferences know how challenging it is to absorb what they learn there and translate it in an understandable manner for their teams back home.
As the DIA observed in announcing the launch of a customized information service, "Around the world, DIA ...
Millennials Are Putting Traditional Clinical Trial Model At RiskRead the rest of this entry »
Millennials have been accused of disrupting practically everything including credit cards and shopping malls. But until this spring, no one's accused them of putting the entire clinical trial model at risk.
But that's just what Kent Thoelke did. "Health care delivery and the technology adoption in health care delivery is already surpassing anything we do in drug development," he said, speaking at the inaugural event of the Bridging Clinical ...
Online 'Listening' Is Improving Clinical Trial DesignRead the rest of this entry »
As companies strive to make their clinical trials more patient-centric, monitoring social media discussions is becoming an important tool to learn what matters to patients, their families and caregivers.
An article in Applied Clinical Trials says that by listening to what's being said in online forums trial designers and managers can gain insights they can incorporate to make their program more accommodating to their concerns. "Patient stories capture what ...
Clinical Trials Up 50x Since 2000Read the rest of this entry »
The number of clinical studies worldwide has exploded since the beginning of the century, increasing almost 50-fold to over 273,000 today. In the U.S. alone, there are currently 30,281 studies that are active, enrolling or recruiting, according to ClinicalTrials.gov.
The sheer number of these studies has contributed mightily to the challenge trial managers have in recruiting sufficient numbers of volunteers to participate. Three-quarters of clinical trial ...
Pharma Looks to Mobile Devices to Improve Clinical TrialsRead the rest of this entry »
Clinical trials are among the pharmaceutical industry's biggest headaches, and not just because the efficacy of a drug is at stake. Millions of dollars of R&D depend on successfully recruiting, managing and monitoring the trial volunteers, a process that itself is costly and time consuming.
That alone should be motivation for trial managers to leverage existing technology in order to improve patient convenience and reduce costs. Yet, as an ...