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Assay Depot -- Pharmageddon

Date post: 11-May-2015
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Description:
The Pistoia Alliance Conference in April 2011 included a series of 10-minute "lightning talks" from vendors about what they think pharma will look like in 2020. This presentation was delivered by Kevin Lustig of Assay Depot.
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Pharmageddon
Transcript
Page 1: Assay Depot -- Pharmageddon

Pharmageddon

Page 2: Assay Depot -- Pharmageddon

Cost Reductions Improved Clinical Success Rates?

Page 3: Assay Depot -- Pharmageddon

Profit

Innovation

Inefficiency

Local Maximum

StartIndustry

The Industry is Stuck at a Local Maxima

Page 4: Assay Depot -- Pharmageddon

The rapid and ongoing externalization of drug research represents an opportunity to fundamentally change the drug discovery equation.

Page 5: Assay Depot -- Pharmageddon

PharmaResearcher

CRO 100

Enter question, request or order

CRO 10

CRO 1

If Used Effectively, Research Externalization Can Dramatically Empower Researchers and Promote Innovation

1. Scale number of relationships2. Use simple communication system3. Streamline purchase workflow

Cognitive Surplus

Page 6: Assay Depot -- Pharmageddon

IT Solution – Essential Component #1Easily scale the number of relationships

Page 7: Assay Depot -- Pharmageddon

IT Solution – Essential Component #2Create a simple vendor communication portal

Page 8: Assay Depot -- Pharmageddon

IT Solution – Essential Component #3Simplify the online purchase process and include customer feedback

Page 9: Assay Depot -- Pharmageddon

The future of drug research is here

Contract Research Exchanges (CRXs)


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