11:00 a.m. - 11:45 a.m. |
General Session 2: The (So Far) Illusive Promise of Predictive, Real-Time Marketing in Pharma/Biotech: Root Causes of Failures and Ingredients for Success
Markus Hauser, CEO Enginologi
Antonio Melo, Program Leader, Sage Therapeutics
The promise of predictive, real time multi/omni-marketing has been around for years, yet most - even sophisticated - pharmas/biotechs have not yet been able to implement a model that actually works. Yes, there are databases and trackers that tell you customer channel preferences or whether they have engaged with a particular content. There are suggestion engines that put forward next best actions based on simple rules or on what your best reps are doing. But what good is preference or engagement when we are measured by dollars/Rxs? What good does an understanding what the best reps are doing when most reps are - by definition - not your best reps and therefore cannot execute like a ‘best rep’? What good does it do when you optimize one channel at a time when the true value of your commercial footprint is only realized when all channels play well together?
Well, the honest answer is: Very little. What most companies still struggle with is to implement a system of technology, people, data, analytics, processes that looks across the usual silos of sales, marketing, and services, really understand how they all work together, and execute against these insights in real time.
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2:15 p.m.- 3:00 p.m. | General Session 4: The Strategic Use of Analytics for Business Impact: Multi-Channel Dashboard
Paul Rabideau, Sr. Advisor, KMK Consulting
Julia Brodsky, Executive Director, Data Capabilities, Novartis Oncology
Tatiana Sorokina, Associate Director, Digital & Advanced Analytics, Novartis Oncology
The terms “Dashboard” and “KPI” have lost their meaning. “Dashboard” invokes the image of an instrument panel of a high performance car. True KPIs focus the user on a small number of metrics accounting for most of business success. However, today’s dashboards boast 70 Powerpoint slides or 50 Excel tabs and hundreds of KPIs, making clear that there is a lack of understanding about what's important.
Today’s marketing environment is more complicated than ever with channels multiplied almost beyond manageability. Someone needs to help the business sort out what is truly “key.” Enter Analytics. Our discipline is uniquely poised to provide the data-driven direction needed. Basic experimental design and mix models can indicate which promotions are driving the business both from a contribution and ROI perspective, the blocking and tackling of our trade. The greater challenge is to put analytics to work driving decisions.
We will describe an ongoing project that uses Management Science tools to identify the factors that predict brand success. The goal is to create a strategic, multi-channel dashboard which focuses decision makers on the factors affecting performance, screening out noise, resulting in better, faster resource allocation.
Join us in thinking through these issues together.
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8:45 a.m.- 9:30 a.m. |
Keynote Presentation: The Evolving Landscape of Pharma Analytics Mimi Huizinga, VP, Head Strategic Data and Digital,Novartis
Coming soon...
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9:30 a.m.- 9:45 a.m. | PMSA Lifetime Achievement Award
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9:45 a.m.- 10:15 a.m. | Break and Vendor Fair
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10:15 a.m.- 11:00 a.m. |
TRACK A: NEXT GENERATION ANALYTICS
AI Can Give Pharma Companies a Competitive Edge: Here's How!
Dharmendra Sahay, Principal, ZS Associates
Arun Shastri, Principal, ZS Associates
Today it’s common to see images of Kiva robots running Amazon fulfillment centers, or robots in an automobile assembly line. We’ve come to accept that robots and automation co-exist with human beings. We’ve also seen advances in technology, image and voice recognition, computing capabilities and artificial intelligence that have propelled new applications in our everyday lives.
In the pharmaceutical industry, companies are still grappling with how to leverage AI to help drive commercial excellence, but it’s increasingly clear that, in pharma and throughout life sciences, AI has the power to differentiate organizational performance and can be a strategic advantage. In this session, we will cover:
- What are the examples of AI in commercial pharma today?
- What can pharma companies learn from other industries’ successes with AI?
- Where can AI make a significant impact within pharma’s commercial teams and how can teams get started?
- How to demonstrate ROI, and how to change mindsets about what AI will achieve for the organization?
We will share components of a sound AI approach and we’ll discuss how to start building, and building sustainably—because as Steve Jobs said “The Journey is the reward” and this is especially true with AI.
TRACK B: PATIENT ANALYTICS Strengthening the Patient Journey with Emotional Insights via Social Analytics
Jeff Greene, VP Digital Strategy & Insights, DRG
In this session, you will learn how a leading women’s health client:
- Leveraged emerging research techniques and frameworks to uncover “hidden” customer emotions and attitudes at different stages of the journey;
- Took patient journey design to an entirely new level by introducing the emotional layer; and
- Informed physician marketing strategies with “voice of the patient” insights.
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11:00 a.m. - 11:45 a.m. |
TRACK A: NEXT GENERATION ANALYTICS Winning With Analytics When The Chips Are Stacked Against You: A Novel High-Dimensional Hybrid Machine Learning Approach Identifying High-Value Rare Disease Specialists
Jack Lin, Actelion
Rick Rosenthal, Symphony Health
Tim Hare, Senior Manager, Symphony Health
Today’s bio-pharmaceutical industry increasingly focuses on areas of very high unmet medical need. Compared with prior decades’ blockbusters targeting common conditions, today’s brands often serve smaller patient populations suffering from relatively rare and even ultra-rare or orphan diseases. In many of these less prevalent conditions, no universally-employed ICD 9 or ICD 10 codes exist to identify known patients. These realities can frustrate efforts to identify and target the physicians treating these populations, thus “stacking the chips against you”.
This presentation will describe an innovative effort to find previously unidentified physicians treating Pulmonary Arterial Hypertension, a rare condition where early diagnosis and treatment prolongs and improves lives. It is know that there are still too many patients experiencing delayed diagnosis, leading to avoidable morbidity and mortality. This presentation will show how to use a novel methodology to find previously unidentified physicians treating PAH, to expand educational outreach efforts and help more patients get faster diagnosis and treatment.
The novel methodology described below represents just such as case.
As an alternative to informatics based on known PAH patients, this effort began with known PAH-associated physicians in four related tiers. These high value targets (HVT) were mapped to physician level information in the Symphony Integrated Dataverse (IDV), as well as patient attributes inherited as patient volume that flowed through their practices over time. This novel longitudinal hybrid data structure represented the “physician journey”, through the lens of inherited patient population characteristics. Approximately 8,000 variables spanning diagnostic, prescribing, and procedure data silos were summarized under each physician, and modeled by ensembles of learning agents robust to this high-dimensional data. Following model validation, every physician in the Symphony IDV received a score for similarity to the ideal target cohorts provided. Where physicians demonstrated practice patterns highly similar to the ideal, they were defined as new HVT candidates, and their profiles were then examined to help describe key drivers of this status, and to triage them for follow up. This effort resulted in the identification of thousands of new HVT candidates, providing the opportunity to efficiently expand promotion and education efforts.
TRACK B: PATIENT ANALYTICS
Optimizing Physician Targeting to Find Undiagnosed Patients: An Application of Advanced Machine Learning Methods to Hepititis C
Orla Doyle, Senior Data Scientist, IQVIA
Steven Laux, Principal in Predictive Analytics, IQVIA
HCV is a serious infectious disease and is considerably under-diagnosed. There are several new promising HCV drugs on the market today. By diagnosing those infected with HCV earlier, patients with HCV can be treated more effectively. For pharma companies with products for under-diagnosed populations, early detection algorithms can lead to substantial increases in the addressible market.
Methods: Using the digital footprint of patients diagnosed with HCV and comparing them with matched controls, we constructed a predictive model to predict which undiagnosed patients likely have HCV. Machine learning methods included gradient boosting and random forests. Analysis was based on longitudinal prescription and claims data covering 200+ million patients in the US.
Results: The gradient boosting method was the most effective at finding undiagnosed HCV patients with a Precision considerably in excess of 90%. Undiagnosed HCV patients were more likely to be male, slightly younger, and abuse IV drugs compared to HCV patients who did not become diagnosed with HCV. Predictors involving the treatment of pain were the best at differentiating those subsequently diagnosed with HCV from those without.
Discussion: Several key patterns of HCV profiles emerged from the predictive model, namely young patients with IV drug use and pain treatment. The outputs of a predictive model can be used to inform a variety of market-shaping activities, including disease awareness, clinical support tools and focused targeting of healthcare providers by field teams that likely take care of patients with undiagnosed HCV.
Co-author: John Rigg PhD, Head of Predictive Analytics, RWI, IQVIA; London, UK
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11:45 a.m. - 1:45 p.m. | Lunch and VENDOR FAIR/Poster Session
Click here to review poster presentation details
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1:45 p.m. - 2:30 p.m. |
TRACK A: NEXT GENERATION ANALYTICS Use Machine Learning to Better Identify Physician Targets for New Product Launches
JP Tsang, President, Bayser
Shunmugam Mohan, Principal Consultant, Bayser
Which physicians to go after is an age-old problem that is patently critical when preparing for a new product launch. Going after the wrong physicians is costly not only because it's a waste of time and money but also because of the opportunity cost of not going after the right physicians. What makes the problem particularly challenging is the fact that good targets behave just like bad ones in the beginning. They do not respond to the first few promotional interventions. Of course, good targets start responding past the critical mass but before that it is easy to confuse the two. Of course, there is a whole array of approaches at our disposal ranging from product adoption to product/market segmentation. They work fairly well but things could be better to judge by the long and protracted course correction we need to go through before we hit our stride.
Machine Learning has seen spectacular success lately, across virtually all verticals. There is not a day that goes by that someone somewhere does not hail another victory for AI. The tasks are as diverse as they are intriguing: Go, lip reading, cancer detection in tissue slides, new recipe creation, speech transcription, sports articles writing, cucumber sorting, emotion detection, orchestra conducting, and the list goes on. That's because not only is there an abundance of data and computing power, it is also relatively easy to deploy Machine Learning. Thanks to the large Machine Learning community out there, free SDKs and tools such as TensorFlow, Keras, Python, and the like are just a click away.
Clearly, we should be able to leverage some of the recent advances in Machine Learning to do a better job better targeting physicians.
TRACK B: PATIENT ANALYTICS Closing the Loop: Leveraging Behavioral Data for More Effective Patient Segmentation
Adam Dubrow, Crossix
Mark Schulman, Crossix
Customer segmentation is an important part of pharma teams’ toolkits for connecting with patients effectively. However, too often the full potential of customer segmentation is not realized, due in part to extensive reliance on attitudinal surveys with small sample sizes and difficulty in bridging the gap between what patients say and what they actually do. In this presentation, Crossix will detail a case study illustrating how behavioral data—both real-world health data and consumer data—can be used to power actionable closed-loop segmentation solutions, including the following topics:
- Building customer segmentation using behavioral health and consumer data
- Enhancing attitudinal segmentation by linking segments to behavioral data
- Targeting customer segments across media and communications channels
- Measuring program effectiveness at the segment level and optimizing based on empirical evidence of program performance by segment
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2:30 p.m. - 3:15 p.m. |
TRACK A: NEXT GENERATION ANALYTICS Just What the Doctor Ordered: Robust Insights to Fuel HCP Digital Campaign Measurement
Ira Haimowitz, Ph.D., VP, Product Strategy, Crossix
Non-personal promotion to Healthcare Professionals (HCPs) has grown over the past decade as a complement to decreasing sales force sizes. A core component of this trend is digital media advertising. Such digital advertising has expanded beyond traditional physician websites, and now marketers can reach HCPs across a broad variety of display, mobile, and video platforms, via both their professional and personal devices.
While reaching these audiences has become easier, the measurement capabilities have not kept up, and challenges remain, including:
- Inability to capture HCPs across multiple devices
- Lack of standards across endemic publisher reports that are measured separately
- Infrequent, delayed analyses beyond the end of the campaign
- Unavailability of media granularity
In response to these challenges, Crossix developed DIFA HCP™, a cloud-based analytics and optimization interface specifically designed to validate that campaigns are reaching target HCPs across the full digital landscape and driving Rx impact among those HCPs’ respective patients. Based on its experience measuring HCP campaigns through its technology, Crossix will present a recent campaign case study that measures the reach of specific publishers, the behavior of HCPs’ patients, the impact on HCP prescribing patterns, and how to best optimize investments in broad-reach health portals.
TRACK B: PATIENT ANALYTICS Predicting Patient Severity: Secondary Data Based Approach and a Case Study
Wesley Heeter, Genentech
Mukulita Bapat, ZS Associates
Disease severity is often defined by test scores (e.g. – Stroke, certain respiratory disorders), complex treatment algorithms (NHBLI guidelines for Asthma), or mortality scores. Identifying disease severity using secondary data is often challenging due to lack of necessary information such as test results, specific biomarker information while at the same time it is increasingly important to understand market dynamics for different patient sub segments.
Companies are often limited to gathering insights through primary market research and/or registry data where available. These methods can prove to be very expensive, time intensive and challenging to collect information.
In this session we will describe how to identify patient severity in secondary data sources in an efficient and repeatable way via different case studies.
Co-authors: Shreyas Murthi, Principal, ZS Associates
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3:15 p.m.- 3:30 p.m. | Break and Vendor Fair
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3:30 p.m.- 5:00 p.m. | General Session 7: Next Generation Analytics Panel Discussion and Roundtables
Moderator: Devesh Verma, Ph.D., Principal, Axtria
Panelists:
Anton Berisha, MD, Senior Director, Clinical Analytics & Innovation, LexisNexis Risk Solutions, Health Care
Jeff Greene, VP Digital Strategy & Insights (DRG Digital)
Ajit Menon, Sr. Director, Commercial Innovation, Janssen North America
Kingston Smith, Managing Director, Accenture
Cynthia Dilley, Head of New Patient Value Focus, UCB
Coming soon...
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Wednesday, May 2, 2018 |
7:00 a.m. - 8:00 a.m. | Breakfast
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8:00 a.m. - 8:15 a.m. | Final Day Announcements
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8:15 a.m.- 9:00 a.m. |
General Session 8: Measuring Direct and Indirect Influence of Account Managers
David Wood, Ph.D., Axtria
Shubham Lahoti, Axtria, Inc.
Account Managers generally call on key decision makers at the health systems / IDNs mostly to influence policies and formulary decisions. This also improves the selling environment for the “regular” sales reps calling on the various target accounts or physicians that are influenced by that health system.
The presentation will focus on the methodology used to measure the interaction effect between AM and sales reps, and use that to size the two teams. We will discuss:
- How to quantify response of an account i.e. sales that can be generated by an account based on the direct (or indirect through AM) promotion to that account
- How to measure response in presence of interaction effects between AM and regular reps
- How to size two teams simultaneously especially when the interaction between the teams will result in continuous change of response and hence, optimal for a target
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9:00 a.m.- 9:45 a.m. |
General Session 9: Computational, Cloud-Based Approaches to Look- Alike Analyses for Market Sizing, Targeting, Patient Finder and Resource Allocation
WINNER: BEST PODIUM PRESENTATION
Sandy Balkin, Senior Director Global Analytics COE, Sanofi
Vijay Chovatiya, Data Scientist, Analytical Wizards
The PCSK-9 Inhibitor class of cholesterol-reducing drugs has faced unprecedented payer scrutiny resulting in only about one in five prescriptions approved within 24 hours and about one-third of prescriptions that were ultimately approved, never picked up. Our hypothesis is that the information contained in the characteristics and complete medical histories of those patients that did successfully obtain payer reimbursement for a PCSK9 therapy can be identified using statistical feature identification methods and leveraged to size the addressable or “reimbursable” market, identify the geographies and possibly physicians seeing these patients that look reimbursable and help identify the resources required to get past prior authorizations, rejections and possible reversals.
The ability to perform the computationally sophisticated analytics necessary to identify patients that look just like those who are on a PCSK-9 Inhibitor, but have not yet received a prescription, is only recently possible due to the general availability of open and closed patient claims data, which include robust lab results, and the computation power afforded by cloud based analytic platforms like AWS Redshift, Google BigQuery, Apache Spark and machine learning libraries, such as H2O, that can be efficiently deployed across multiple CPUs and computational clusters.
This presentation will describe one such approach, called Look-Alike Analysis, and how we developed a predictive model on a closed claims database, which includes all interactions for a representative subset of patients, and applied it to an open claims database, which has some data missing not at random, but covers many more lives and geographic details. The results can be used for many traditional commercial activities including market sizing, forecasting, segmentation and targeting.
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9:45 a.m. - 10:00 a.m. | Break and Vendor Fair
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10:00 a.m. - 10:45 a.m. | General Session 10: Marketing Science for Portfolio Analyses & Optimization
Sanjay K. Rao, Ph.D. , Vice President, Strategic Research Insights, Inc.
Firms in the bio/pharmaceutical industry are increasingly seeking innovative strategies that result in higher efficiencies, improvements in returns to existing investments and synergies in operations and product offerings.
Envisioning multiple pipeline candidates and in-line brands as part of a meaningful, synergistic portfolio rather than stand-alone, siloed products holds multiple benefits to a global firm and its customers.
With a portfolio strategy, expensive developmental programs can be streamlined and interlinked. Critical go/no-go decisions and resource allocations can be made on the basis of rational, multi-product criteria. Cross-selling complimentary products can result in higher returns to marketing and sales force investments. Customers can benefit by purchase terms and risks spread over multiple products from the same firm. Partnerships with erstwhile competitors can be forged on the basis of licensing arrangements that bolster a portfolio.
Using a case study, this presentation highlights the value of cutting edge market research and marketing science in helping a firm develop an effective cardiovascular product portfolio. Creative uses of advances in marketing surveys, database compilation and marketing modeling methodologies facilitate multi-product, portfolio based, multi-objective market modeling, understanding, prediction
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10:45 a.m. - 11:30 a.m. | General Session 11: Innovative Machine Learning Methods To Enhance Accuracy and Effectiveness Of Physician Alert
Yilian Yuan, VP, Stats & Adv Analytics, Advanced Analytics, IQVIA
Li Zhou, Director, Advanced Analytics, SDI Service Delivery, IQVIA
Yunlong Wang, Manager, Advanced Analytics, IQVIA
The goal of this research is to develop predictive models for identifying physicians with patients who have high potentials to be treated soon for drug therapy or change line of drug therapy, or physicians with patients who have been treated already for certain indications. Patient’s activities, including supportive drugs, lab visits, symptoms, co-morbidities, doctors’ diagnosis visits, and their frequency and timing are used as key predictors. Data is collected through multiple channels. Both traditional methods and innovated predicting models are developed and tested. Traditional logistic regression is built as a base line model. Random forest and deep learning are developed and compared with the base line model. Recent breakthroughs in deep neural networks have demonstrated superior model performance, especially in scenarios where data has large volume, high dimensionality, missing records, and complex data structure.
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11:30 a.m. - 12:00 p.m. | Conference Wrap-Up and Prize Giveaways
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