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Pistoia Alliance October 13, 2015
Panel Topic: New Data
Panel Facilitator: Matthew Rich, Principle, PwCPanelists: • Joe Donahue, SVP, BioReference Labs• Niall O’Connor, CTO, Genospace• Nikolaus Schultz, AA Computational
Oncology Service, MSK CC
PwC
New Data:
We found data, now what do we do with it?
Copyright PwC 2015
Venture funding continues to pour into Analytics and Big Data, but the real story is that 5 of the top 6 categories are either sources or rely on Data…
Slide 3
Funding of Top Six 2014 Categories
Source: Rock Health Funding Database
Copyright PwC 2015
Funding for digital health, one key source of new data, continues to expand increasing in 2014 to a total greater than that of the past 3 years combined
Slide 4
Digital Health Funding in 2014 exceeded $4.1 billion, which represents a
growth of 124% over last year’s
investment total
Source: Rock Health Funding Database
Venture Capital Funding in Digital Health
$172 Million $135 Million $54 Million $36 Million $29 Million
Leading Digital Health Investments in 2015
*Digital health is defined as the intersection of healthcare and technology. Digital health venture funding tracked by Rock Health only includes technology-enabled health companies that build and sell technologies in medicine, wellness, or administration Source: Rock Health Funding Database
Copyright PwC 2015
With all of the “new” sources of data, what can we do…?
Slide 5
More than one million customers transmit data from fitness trackers to Walgreen Co., in exchange for points that can be used like cash in the company’s stores and through its website for many products.
By the end of 2014, wearable companies shipped ~7.6 million units within just the US, up 200% from 2013. This trend will continue.
Copyright PwC 2015
Answer: Listen to the three AMAZING panelists we have assembled today and
ask questions!!!
Slide 6
The Road to Customer-Centricity in Pharma R&D7Copyright PwC 2015
Appendix
March 2015
Copyright PwC 2015
PwC Perspective: Pharma must partner to realize the value of the vast amount of information available
Slide 8
Clinical Trials, and PipelineIdentifying high-value pipeline candidates to increase pipeline success, and expanding pipeline through licensing and acquisitions
Lab ResearchReducing R&D cycle time, costs and improving data
Clinical and Economic ValueDemonstrating drugs’ value in an outcome-based environment
Buyers and Distribution ChannelsRethinking the value chain as demand for services and products shift from traditional to NEI companies
Consumer EngagementConnecting with consumers throughout the entire life cycle of a drug
Innovation for product and
business operations
vs.
Copyright PwC 2015
Several startups are leveraging machine learning for unstructured data to improve patient outcomes
9
More unstructured data
More structured data
More focuson medicine (e.g., diagnosis, treatment)
Less focuson medicine (e.g., diagnosis, treatment)
Individual case data collection
Medical codingMedical recordsTraining data aggregation
Journal articlesTextbooks
Medical signals
Treatment plans
• Enlitic leverages the most significant untapped data sources within healthcare — medical signals and plain text
• Medical signal examples: medical images (CT, MRI, pathology, ultrasound, x-ray), EKG, genetics
Example