Visual Analytics Optimize Pharmaceutical Decision Support The cost of bringing a new drug to market is significant—as much as $800 million over 15 years. Consequently, pharmaceutical companies must rely on methods to make better decisions about which drugs hold the best chances for success, how to bring products to market faster, and to support a product and monitor its performance after it's on the market. Advances in
analytic business intelligence have produced tools for improved pharmaceutical decision support. Yet the voluminous data generated by high throughput and high density technologies requires ever more sophisticated approaches in order to transform information into insight. As patents expire and competition from generics increases, pharmaceutical companies need new
decision support system software in order to unlock the value hidden in their data. That's why thousands of users in pharmaceutical companies worldwide rely on the visual
analytics applications of Spotfire.
Spotfire® Applications Support Better Decisions in the Pharmaceutical Enterprise Spotfire visual analytics allow pharmaceutical companies to get greater insight from their data faster. Used in collaboration with other pharmaceutical decision support software, Spotfire allows users to integrate a variety of data streams in a single platform and explore the information visually and interactively. With Spotfire, researchers and scientists can "see" their information in a series of linked visual representations that make it easier to uncover hidden value, identify trends and spot patterns. Users can query data freely with no pre-programming support from IT. Questions can be asked and answered on the fly, so information and insights can be uncovered more quickly. Across the globe, the world's largest drug companies are using Spotfire to improve pharmaceutical decision support in a wide range of research and development processes. The result is more informed decisions that minimize time to market, reduce risk and improve the safety and efficacy of new drugs.
Stronger Pharmaceutical Decision Support Produces Greater Results Spotfire enables pharmaceutical companies to improve decision support systems to:
- Identify therapeutic targets through combined analysis of gene expression data, biomarkers, protein expression and biochemical pathway information
- Enhance high throughput screening by quickly identifying systematic bias in instrumentation
- Identify safety issues earlier by examining relationships between pharmacokinetics, lab tests, adverse events, and demographic data from pre- and post-marketing activities
With remarkable flexibility and an open architecture that allows easy integration, Spotfire visual analytic applications bring value to disciplines and tasks as diverse as
statistics software,
portfolio management and
design for manufacturing .
Learn more about improving pharmaceutical decision support with Spotfire,
click here .