From Bikes And Banks To Clinical Trials

Clinical studies take too long, and they cost too much. As a result, it takes too long to bring new drugs to market. What techniques can pharmaceutical companies develop and deploy to bring drugs to market faster, at lower cost, and with greater compliance among study subjects? Datacubed Health looked at other industries for inspiration. We found common challenges related to data security and customer compliance and retention. We discovered that improving compliance and retention goes hand in hand with reducing the cost of gathering data. And we concluded that pharma has fallen behind – but can catch up quickly by adopting and adapting best practices from other sectors.