Kostaras nikos general manager ims
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Transcript of Kostaras nikos general manager ims
Clinical Trial Optimization - A Global View
Nikos Kostaras
General Manager, IMS Hellas
Athens, 10/11/2014
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Clinical R&D Process Average of 6- 7 Years in Clinical Trials to Bring a New Drug to Market.
7-9% of R&D budget is invested in Clinical Trials.
IMS Health Confidential. . (c) 2014 IMS Health Incorporated. All Rights Reserved. 11/12/2014
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Critical Industry Trends
Growth Drivers
FDA Safety and Efficacy Focus
Payer Reimbursement and ROI Scrutiny
Industry Cost Efficiency and Speed Priorities
Patent expiries have slowed but not stopped growth, esp. in outsourced solutions. $20bn+ are invested in Clinical trials every year.
11/12/2014
IMS Health Confidential. . (c) 2014 IMS Health Incorporated. All Rights Reserved.
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Industry Challenges in Clinical Trials
Lack of evidence -
based decision making
Costly mid-trial rescues
Unrealistic protocol criteria
Disparate, homegrown solutions
Enrollment plans based on guesswork
Can’t find relevant patients
Low performing investigators
No real-time access to global information
No historical evidence
Manual processes
WHY?
• Wasted $$$$$$$
• Lost revenue potential
• Fewer drugs in market
• 89% drugs fail in the clinic
• 80% trials run behind schedule
• 30% investigators don’t enroll patients
• 7% annual grant payment increases
IMS Health Confidential. . (c) 2014 IMS Health Incorporated. All Rights Reserved. 11/12/2014
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IMS Health Clinical Trial Optimization Portfolio
● Tracking and monitoring
● Rescue scenario modeling
● Patient identification
● Supply optimization
● StudyOptimizer
● Pharmacy outreach
● Protocol design
● Country allocation
● Enrollment planning
● Budgeting
● Real World Evidence
● StudyOptimizer
● Enrollment Benchmarks
● GrantPlan and SOC
● Site planning and selection
● Site budgeting
● Supply planning
● Real World Evidence
● SiteOptimizer
● GrantPlan and SOC
IMS Health Clinical Trial Optimization Solutions
Technology, Data, Analytics
Cu
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Need
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Cu
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IM
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So
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Trial Execution Trial Planning Trial Initiation
IMS Health Confidential. . (c) 2014 IMS Health Incorporated. All Rights Reserved. 11/12/2014
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Customer Impact
RESULTS:
• 100% increase in studies recruiting to plan
• 1/3 decrease in non-performing sites
• Estimated savings of $38M
RESULTS:
• 30-40 day decrease in patient recruitment
• 20% reduction in rescue studies
• 30% decrease in variance to plan
• Used to manage partner accountability
Enterprise implementation of
StudyOptimizer and SiteOptimizer
Best Practice implementation of StudyOptimizer,
extended to manage CROs
Enterprise implementation of
GrantPlan and Standard of Care
RESULTS:
• 20% savings across Studies in the U.S. by passing those costs to 3rd party insurers
• Used as a template for countries that recognize Standard of Care
11/12/2014
UK pharma giant
US pharma giant
Top US biologic pharma
IMS Health Confidential. . (c) 2014 IMS Health Incorporated. All Rights Reserved.
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