SlideShare una empresa de Scribd logo
1 de 8
Descargar para leer sin conexión
Accenture Life Sciences
Patient Inspired. Outcomes Driven.
Fasterandcheaper
clinicaltrials
The benefit of synthetic data
With drawn-out timelines and billions
in investments, traditional clinical trial
methods are increasingly a barrier to
cost-efficient and timely drug
development.
A role for
synthetic data
What is it? Synthetic data
is generated by applying a
sampling technique to
historic data or by creating
simulation scenarios where
models and processes
interact to create completely
new data not directly taken
from the real world.*
How will it improve clinical
development?
Minimize or replace the control arm of a trial
Reduces the demand for patient
recruitment which saves time and
money, and mitigates ethical issues
around patients receiving placebos
Model target patient population and define
the boundaries of a trial
Optimizes design and feasibility which
positively impacts operational success
*Adapted from Gartner
Overcoming obstacles
Pharma companies need to exploit the dynamics of data along these three dimensions
Velocity
Pharma companies are often
utilizing historical and distinct
data sets without incorporating
new data as it is generated and
have limited capacity to interpret
incoming data.
Variety
Pharma companies typically do not
have broad external data and have
been reluctant to look beyond their
own clinical data to other sources,
such as industry data from other
clinical trials and real-world data
from EMRs.
Volume
Pharma companies have their own
separate data, but this is just a
fraction of the potential data
available for use at an indication
level and are usually not sufficient
for rigorous statistical analysis.
Essential
enablers
Using data
efficiently, pharma
companies need to
do more to identify
and adopt advanced
technologies
Pharma companies need to invest in:
Technology
Skills
Leadership
Without the right algorithms, companies are unable to extract
meaningful insights from the data and build relationships
between data sets. Algorithms need to be deployed in a way
that enables an integrated analysis and application of data.
Without the technical and data science skills, companies are
unable to effectively apply digital solutions like predictive
modeling and have a limited understanding of big data
processing techniques such as artificial intelligence and
machine learning.
Strong leadership both within the life sciences industry
and in key regulatory agencies is needed to drive
transformation and build the infrastructure to facilitate
data and knowledge exchange.
Copyright © 2021 Accenture. All rights reserved. 5
5
Where to start
01 02 03 04
Draft your big
plan while getting
started with pilots
Create a bold global
vision for leveraging
synthetic data in clinical
trials; prioritize assets
with which to pilot the
new approach.
Take stock of your
data and look
outside for more
Supplement internal data
with external data
sources to achieve a
robust validated data set.
Deploy smart
algorithms for
“what-if” analysis
Integrate and automate
algorithms into analytics
platforms to evaluate and
predict potential
outcomes.
Evolve your
operating model
New governance, skills
and processes are needed
so that predictive data
analytics can inform
clinical deployment plans.
For more information
Dr. Boris Bogdan
Managing Director, Global Lead Precision
Oncology and Personalized Healthcare,
Accenture boris.bogdan@accenture.com
Dr. Sanjay Jaiswal
Managing Director,
R&D Analytics Lead – NA, Accenture
sanjay.s.jaiswal@accenture.com
Jonathan Peachey
Chief Operations Officer, Phesi
jonathan.peachey@phesi.com
Copyright © 2021 Accenture. All rights reserved. 7
7
Thank You

Más contenido relacionado

La actualidad más candente

Differences Between Satellite Sites and Multi Site Research Clinics
Differences Between Satellite Sites and Multi Site Research ClinicsDifferences Between Satellite Sites and Multi Site Research Clinics
Differences Between Satellite Sites and Multi Site Research ClinicsTrialJoin
 
The Industrialist: Trends & Innovations - Apr 2022
The Industrialist: Trends & Innovations - Apr 2022The Industrialist: Trends & Innovations - Apr 2022
The Industrialist: Trends & Innovations - Apr 2022accenture
 
Generating Realistic Synthetic Data in Finance
Generating Realistic Synthetic Data in FinanceGenerating Realistic Synthetic Data in Finance
Generating Realistic Synthetic Data in FinanceGautier Marti
 
The Future of Digital Health in 2022
The Future of Digital Health in 2022The Future of Digital Health in 2022
The Future of Digital Health in 2022Diana Girnita
 
Research and Development Solutions | Accenture
Research and Development Solutions | AccentureResearch and Development Solutions | Accenture
Research and Development Solutions | Accentureaccenture
 
Oracle Clinical Overview_Katalyst HLS
Oracle Clinical Overview_Katalyst HLSOracle Clinical Overview_Katalyst HLS
Oracle Clinical Overview_Katalyst HLSKatalyst HLS
 
Regulatory strategy for medical device start-ups
Regulatory strategy for medical device start-upsRegulatory strategy for medical device start-ups
Regulatory strategy for medical device start-upsRina Nir
 
Using JReview to Analyze Clinical and Pharmacovigilance Data in Disparate Sys...
Using JReview to Analyze Clinical and Pharmacovigilance Data in Disparate Sys...Using JReview to Analyze Clinical and Pharmacovigilance Data in Disparate Sys...
Using JReview to Analyze Clinical and Pharmacovigilance Data in Disparate Sys...Perficient, Inc.
 
Improving Clinical Trial Performance: Part 3 - Streamline Trial Management wi...
Improving Clinical Trial Performance: Part 3 - Streamline Trial Management wi...Improving Clinical Trial Performance: Part 3 - Streamline Trial Management wi...
Improving Clinical Trial Performance: Part 3 - Streamline Trial Management wi...Veeva Systems
 
Streamlining Study Start-up
Streamlining Study Start-upStreamlining Study Start-up
Streamlining Study Start-upVeeva Systems
 
Clinical Services and Technology
Clinical Services and TechnologyClinical Services and Technology
Clinical Services and Technologyaccenture
 
Decentralized Clinical Trials: Collaboration to Accelerate Adoption
Decentralized Clinical Trials: Collaboration to Accelerate AdoptionDecentralized Clinical Trials: Collaboration to Accelerate Adoption
Decentralized Clinical Trials: Collaboration to Accelerate AdoptionCraig Lipset
 
Governing Innovation: The recipe for portfolio growth | Accenture
Governing Innovation: The recipe for portfolio growth | AccentureGoverning Innovation: The recipe for portfolio growth | Accenture
Governing Innovation: The recipe for portfolio growth | Accentureaccenture
 
FHIR for Life Sciences
FHIR for Life SciencesFHIR for Life Sciences
FHIR for Life SciencesCitiusTech
 
Deploying Predictive Analytics in Healthcare
Deploying Predictive Analytics in HealthcareDeploying Predictive Analytics in Healthcare
Deploying Predictive Analytics in HealthcareHealth Catalyst
 
Top 10 digital transformation trends for healthcare in 2022
Top 10 digital transformation trends for healthcare in 2022Top 10 digital transformation trends for healthcare in 2022
Top 10 digital transformation trends for healthcare in 2022IndusNetMarketing
 
Clincial Data Management
Clincial Data ManagementClincial Data Management
Clincial Data ManagementDeepak Yadav
 
Big Data applications in Health Care
Big Data applications in Health CareBig Data applications in Health Care
Big Data applications in Health CareLeo Barella
 
Precision Medicine: Research Presentation
Precision Medicine: Research PresentationPrecision Medicine: Research Presentation
Precision Medicine: Research PresentationShelagh McLellan
 

La actualidad más candente (20)

Differences Between Satellite Sites and Multi Site Research Clinics
Differences Between Satellite Sites and Multi Site Research ClinicsDifferences Between Satellite Sites and Multi Site Research Clinics
Differences Between Satellite Sites and Multi Site Research Clinics
 
The Industrialist: Trends & Innovations - Apr 2022
The Industrialist: Trends & Innovations - Apr 2022The Industrialist: Trends & Innovations - Apr 2022
The Industrialist: Trends & Innovations - Apr 2022
 
Generating Realistic Synthetic Data in Finance
Generating Realistic Synthetic Data in FinanceGenerating Realistic Synthetic Data in Finance
Generating Realistic Synthetic Data in Finance
 
The Future of Digital Health in 2022
The Future of Digital Health in 2022The Future of Digital Health in 2022
The Future of Digital Health in 2022
 
Research and Development Solutions | Accenture
Research and Development Solutions | AccentureResearch and Development Solutions | Accenture
Research and Development Solutions | Accenture
 
Oracle Clinical Overview_Katalyst HLS
Oracle Clinical Overview_Katalyst HLSOracle Clinical Overview_Katalyst HLS
Oracle Clinical Overview_Katalyst HLS
 
Regulatory strategy for medical device start-ups
Regulatory strategy for medical device start-upsRegulatory strategy for medical device start-ups
Regulatory strategy for medical device start-ups
 
Using JReview to Analyze Clinical and Pharmacovigilance Data in Disparate Sys...
Using JReview to Analyze Clinical and Pharmacovigilance Data in Disparate Sys...Using JReview to Analyze Clinical and Pharmacovigilance Data in Disparate Sys...
Using JReview to Analyze Clinical and Pharmacovigilance Data in Disparate Sys...
 
AI in Healthcare.pptx
AI in Healthcare.pptxAI in Healthcare.pptx
AI in Healthcare.pptx
 
Improving Clinical Trial Performance: Part 3 - Streamline Trial Management wi...
Improving Clinical Trial Performance: Part 3 - Streamline Trial Management wi...Improving Clinical Trial Performance: Part 3 - Streamline Trial Management wi...
Improving Clinical Trial Performance: Part 3 - Streamline Trial Management wi...
 
Streamlining Study Start-up
Streamlining Study Start-upStreamlining Study Start-up
Streamlining Study Start-up
 
Clinical Services and Technology
Clinical Services and TechnologyClinical Services and Technology
Clinical Services and Technology
 
Decentralized Clinical Trials: Collaboration to Accelerate Adoption
Decentralized Clinical Trials: Collaboration to Accelerate AdoptionDecentralized Clinical Trials: Collaboration to Accelerate Adoption
Decentralized Clinical Trials: Collaboration to Accelerate Adoption
 
Governing Innovation: The recipe for portfolio growth | Accenture
Governing Innovation: The recipe for portfolio growth | AccentureGoverning Innovation: The recipe for portfolio growth | Accenture
Governing Innovation: The recipe for portfolio growth | Accenture
 
FHIR for Life Sciences
FHIR for Life SciencesFHIR for Life Sciences
FHIR for Life Sciences
 
Deploying Predictive Analytics in Healthcare
Deploying Predictive Analytics in HealthcareDeploying Predictive Analytics in Healthcare
Deploying Predictive Analytics in Healthcare
 
Top 10 digital transformation trends for healthcare in 2022
Top 10 digital transformation trends for healthcare in 2022Top 10 digital transformation trends for healthcare in 2022
Top 10 digital transformation trends for healthcare in 2022
 
Clincial Data Management
Clincial Data ManagementClincial Data Management
Clincial Data Management
 
Big Data applications in Health Care
Big Data applications in Health CareBig Data applications in Health Care
Big Data applications in Health Care
 
Precision Medicine: Research Presentation
Precision Medicine: Research PresentationPrecision Medicine: Research Presentation
Precision Medicine: Research Presentation
 

Similar a Faster and Cheaper Clinical Trials: The Benefit of Synthetic Data

Accenture’s INTIENT Clinical Platform
Accenture’s INTIENT Clinical PlatformAccenture’s INTIENT Clinical Platform
Accenture’s INTIENT Clinical Platformaccenture
 
The Role of Data Lakes in Healthcare
The Role of Data Lakes in HealthcareThe Role of Data Lakes in Healthcare
The Role of Data Lakes in HealthcarePerficient, Inc.
 
"Making Advanced Analytics Work for You" by Dominic Barton and David Court
"Making Advanced Analytics Work for You" by Dominic Barton and David Court"Making Advanced Analytics Work for You" by Dominic Barton and David Court
"Making Advanced Analytics Work for You" by Dominic Barton and David CourtRahul Chintu
 
How to Successfully Use Prescriptive Analytics to Optimize Healthcare Deliver...
How to Successfully Use Prescriptive Analytics to Optimize Healthcare Deliver...How to Successfully Use Prescriptive Analytics to Optimize Healthcare Deliver...
How to Successfully Use Prescriptive Analytics to Optimize Healthcare Deliver...Data Analytics Company - 47Billion Inc.
 
What is the role of predictive analytics in life sciences
What is the role of predictive analytics in life sciencesWhat is the role of predictive analytics in life sciences
What is the role of predictive analytics in life sciencesJackMathew4
 
TS Brochure_ Arch Strategy
TS Brochure_ Arch StrategyTS Brochure_ Arch Strategy
TS Brochure_ Arch StrategyRhonda Wille
 
Better Business Outcomes with Big Data Analytics
Better Business Outcomes with Big Data AnalyticsBetter Business Outcomes with Big Data Analytics
Better Business Outcomes with Big Data AnalyticsIBM Software India
 
yellowibm
yellowibmyellowibm
yellowibmKay Orr
 
Better business outcomes with Big Data Analytics
Better business outcomes with Big Data AnalyticsBetter business outcomes with Big Data Analytics
Better business outcomes with Big Data AnalyticsBillington K
 
How To Transform Your Analytics Maturity Model Levels, Technologies, and Appl...
How To Transform Your Analytics Maturity Model Levels, Technologies, and Appl...How To Transform Your Analytics Maturity Model Levels, Technologies, and Appl...
How To Transform Your Analytics Maturity Model Levels, Technologies, and Appl...Data Science Council of America
 
7 Steps for Boosting R&D Outcomes
7 Steps for Boosting R&D Outcomes7 Steps for Boosting R&D Outcomes
7 Steps for Boosting R&D OutcomesTamrMarketing
 
JR's Lifetime Advanced Analytics
JR's Lifetime Advanced AnalyticsJR's Lifetime Advanced Analytics
JR's Lifetime Advanced Analyticsd-Wise Technologies
 
Frost and Sullivan Award to Apervita
Frost and Sullivan Award to ApervitaFrost and Sullivan Award to Apervita
Frost and Sullivan Award to ApervitaMichael Oltman
 

Similar a Faster and Cheaper Clinical Trials: The Benefit of Synthetic Data (20)

Accenture’s INTIENT Clinical Platform
Accenture’s INTIENT Clinical PlatformAccenture’s INTIENT Clinical Platform
Accenture’s INTIENT Clinical Platform
 
The Role of Data Lakes in Healthcare
The Role of Data Lakes in HealthcareThe Role of Data Lakes in Healthcare
The Role of Data Lakes in Healthcare
 
"Making Advanced Analytics Work for You" by Dominic Barton and David Court
"Making Advanced Analytics Work for You" by Dominic Barton and David Court"Making Advanced Analytics Work for You" by Dominic Barton and David Court
"Making Advanced Analytics Work for You" by Dominic Barton and David Court
 
Driving with data
Driving with dataDriving with data
Driving with data
 
How to Successfully Use Prescriptive Analytics to Optimize Healthcare Deliver...
How to Successfully Use Prescriptive Analytics to Optimize Healthcare Deliver...How to Successfully Use Prescriptive Analytics to Optimize Healthcare Deliver...
How to Successfully Use Prescriptive Analytics to Optimize Healthcare Deliver...
 
Clinical Data Capture
Clinical Data CaptureClinical Data Capture
Clinical Data Capture
 
What is the role of predictive analytics in life sciences
What is the role of predictive analytics in life sciencesWhat is the role of predictive analytics in life sciences
What is the role of predictive analytics in life sciences
 
TS Brochure_ Arch Strategy
TS Brochure_ Arch StrategyTS Brochure_ Arch Strategy
TS Brochure_ Arch Strategy
 
ForresterPredictiveWave
ForresterPredictiveWaveForresterPredictiveWave
ForresterPredictiveWave
 
Better Business Outcomes with Big Data Analytics
Better Business Outcomes with Big Data AnalyticsBetter Business Outcomes with Big Data Analytics
Better Business Outcomes with Big Data Analytics
 
1 kwyfvb
1 kwyfvb1 kwyfvb
1 kwyfvb
 
big data
big databig data
big data
 
yellowibm
yellowibmyellowibm
yellowibm
 
yellowibm
yellowibmyellowibm
yellowibm
 
yellowibm
yellowibmyellowibm
yellowibm
 
Better business outcomes with Big Data Analytics
Better business outcomes with Big Data AnalyticsBetter business outcomes with Big Data Analytics
Better business outcomes with Big Data Analytics
 
How To Transform Your Analytics Maturity Model Levels, Technologies, and Appl...
How To Transform Your Analytics Maturity Model Levels, Technologies, and Appl...How To Transform Your Analytics Maturity Model Levels, Technologies, and Appl...
How To Transform Your Analytics Maturity Model Levels, Technologies, and Appl...
 
7 Steps for Boosting R&D Outcomes
7 Steps for Boosting R&D Outcomes7 Steps for Boosting R&D Outcomes
7 Steps for Boosting R&D Outcomes
 
JR's Lifetime Advanced Analytics
JR's Lifetime Advanced AnalyticsJR's Lifetime Advanced Analytics
JR's Lifetime Advanced Analytics
 
Frost and Sullivan Award to Apervita
Frost and Sullivan Award to ApervitaFrost and Sullivan Award to Apervita
Frost and Sullivan Award to Apervita
 

Más de accenture

The Industrialist: Trends & Innovations - January 2024
The Industrialist: Trends & Innovations - January 2024The Industrialist: Trends & Innovations - January 2024
The Industrialist: Trends & Innovations - January 2024accenture
 
The Industrialist: Trends & Innovations - September 2023
The Industrialist: Trends & Innovations - September 2023The Industrialist: Trends & Innovations - September 2023
The Industrialist: Trends & Innovations - September 2023accenture
 
Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education accenture
 
The Industrialist: Trends & Innovations - July 2023
The Industrialist: Trends & Innovations - July 2023The Industrialist: Trends & Innovations - July 2023
The Industrialist: Trends & Innovations - July 2023accenture
 
Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education accenture
 
Engineering Services: con gli ingegneri per creare valore sostenibile
Engineering Services: con gli ingegneri per creare valore sostenibileEngineering Services: con gli ingegneri per creare valore sostenibile
Engineering Services: con gli ingegneri per creare valore sostenibileaccenture
 
Digital Euro: Implications for the Financial System
Digital Euro: Implications for the Financial SystemDigital Euro: Implications for the Financial System
Digital Euro: Implications for the Financial Systemaccenture
 
More deals, less money: the Black founder funding journey
More deals, less money: the Black founder funding journeyMore deals, less money: the Black founder funding journey
More deals, less money: the Black founder funding journeyaccenture
 
The Industrialist: Trends & Innovations - June 2023
The Industrialist: Trends & Innovations - June 2023The Industrialist: Trends & Innovations - June 2023
The Industrialist: Trends & Innovations - June 2023accenture
 
Reinventing Enterprise Operations
Reinventing Enterprise OperationsReinventing Enterprise Operations
Reinventing Enterprise Operationsaccenture
 
Semiconductor Gender Parity Study
Semiconductor Gender Parity StudySemiconductor Gender Parity Study
Semiconductor Gender Parity Studyaccenture
 
The Industrialist: Trends & Innovations - March 2023
The Industrialist: Trends & Innovations - March 2023The Industrialist: Trends & Innovations - March 2023
The Industrialist: Trends & Innovations - March 2023accenture
 
Nonprofit reinvention in a time of unprecedented change
 Nonprofit reinvention in a time of unprecedented change Nonprofit reinvention in a time of unprecedented change
Nonprofit reinvention in a time of unprecedented changeaccenture
 
Free to be 100% me
Free to be 100% meFree to be 100% me
Free to be 100% meaccenture
 
The Industrialist: Trends & Innovations - February 2023
The Industrialist: Trends & Innovations - February 2023The Industrialist: Trends & Innovations - February 2023
The Industrialist: Trends & Innovations - February 2023accenture
 
Mundo gamer e a oportunidade de entrada pela abordagem do movimento
Mundo gamer e a oportunidade de entrada pela abordagem do movimentoMundo gamer e a oportunidade de entrada pela abordagem do movimento
Mundo gamer e a oportunidade de entrada pela abordagem do movimentoaccenture
 
Pathways to Profitability for the Communications Industry
Pathways to Profitability for the Communications IndustryPathways to Profitability for the Communications Industry
Pathways to Profitability for the Communications Industryaccenture
 
The Industrialist: Trends & Innovations - January 2023
The Industrialist: Trends & Innovations - January 2023The Industrialist: Trends & Innovations - January 2023
The Industrialist: Trends & Innovations - January 2023accenture
 
Reimagining the Agenda | Accenture
Reimagining the Agenda | AccentureReimagining the Agenda | Accenture
Reimagining the Agenda | Accentureaccenture
 
Climate Leadership Eleventh Hour | Accenture
Climate Leadership Eleventh Hour | AccentureClimate Leadership Eleventh Hour | Accenture
Climate Leadership Eleventh Hour | Accentureaccenture
 

Más de accenture (20)

The Industrialist: Trends & Innovations - January 2024
The Industrialist: Trends & Innovations - January 2024The Industrialist: Trends & Innovations - January 2024
The Industrialist: Trends & Innovations - January 2024
 
The Industrialist: Trends & Innovations - September 2023
The Industrialist: Trends & Innovations - September 2023The Industrialist: Trends & Innovations - September 2023
The Industrialist: Trends & Innovations - September 2023
 
Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education
 
The Industrialist: Trends & Innovations - July 2023
The Industrialist: Trends & Innovations - July 2023The Industrialist: Trends & Innovations - July 2023
The Industrialist: Trends & Innovations - July 2023
 
Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education
 
Engineering Services: con gli ingegneri per creare valore sostenibile
Engineering Services: con gli ingegneri per creare valore sostenibileEngineering Services: con gli ingegneri per creare valore sostenibile
Engineering Services: con gli ingegneri per creare valore sostenibile
 
Digital Euro: Implications for the Financial System
Digital Euro: Implications for the Financial SystemDigital Euro: Implications for the Financial System
Digital Euro: Implications for the Financial System
 
More deals, less money: the Black founder funding journey
More deals, less money: the Black founder funding journeyMore deals, less money: the Black founder funding journey
More deals, less money: the Black founder funding journey
 
The Industrialist: Trends & Innovations - June 2023
The Industrialist: Trends & Innovations - June 2023The Industrialist: Trends & Innovations - June 2023
The Industrialist: Trends & Innovations - June 2023
 
Reinventing Enterprise Operations
Reinventing Enterprise OperationsReinventing Enterprise Operations
Reinventing Enterprise Operations
 
Semiconductor Gender Parity Study
Semiconductor Gender Parity StudySemiconductor Gender Parity Study
Semiconductor Gender Parity Study
 
The Industrialist: Trends & Innovations - March 2023
The Industrialist: Trends & Innovations - March 2023The Industrialist: Trends & Innovations - March 2023
The Industrialist: Trends & Innovations - March 2023
 
Nonprofit reinvention in a time of unprecedented change
 Nonprofit reinvention in a time of unprecedented change Nonprofit reinvention in a time of unprecedented change
Nonprofit reinvention in a time of unprecedented change
 
Free to be 100% me
Free to be 100% meFree to be 100% me
Free to be 100% me
 
The Industrialist: Trends & Innovations - February 2023
The Industrialist: Trends & Innovations - February 2023The Industrialist: Trends & Innovations - February 2023
The Industrialist: Trends & Innovations - February 2023
 
Mundo gamer e a oportunidade de entrada pela abordagem do movimento
Mundo gamer e a oportunidade de entrada pela abordagem do movimentoMundo gamer e a oportunidade de entrada pela abordagem do movimento
Mundo gamer e a oportunidade de entrada pela abordagem do movimento
 
Pathways to Profitability for the Communications Industry
Pathways to Profitability for the Communications IndustryPathways to Profitability for the Communications Industry
Pathways to Profitability for the Communications Industry
 
The Industrialist: Trends & Innovations - January 2023
The Industrialist: Trends & Innovations - January 2023The Industrialist: Trends & Innovations - January 2023
The Industrialist: Trends & Innovations - January 2023
 
Reimagining the Agenda | Accenture
Reimagining the Agenda | AccentureReimagining the Agenda | Accenture
Reimagining the Agenda | Accenture
 
Climate Leadership Eleventh Hour | Accenture
Climate Leadership Eleventh Hour | AccentureClimate Leadership Eleventh Hour | Accenture
Climate Leadership Eleventh Hour | Accenture
 

Último

Real Time Object Detection Using Open CV
Real Time Object Detection Using Open CVReal Time Object Detection Using Open CV
Real Time Object Detection Using Open CVKhem
 
Artificial Intelligence Chap.5 : Uncertainty
Artificial Intelligence Chap.5 : UncertaintyArtificial Intelligence Chap.5 : Uncertainty
Artificial Intelligence Chap.5 : UncertaintyKhushali Kathiriya
 
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data DiscoveryTrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data DiscoveryTrustArc
 
How to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerHow to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerThousandEyes
 
Boost Fertility New Invention Ups Success Rates.pdf
Boost Fertility New Invention Ups Success Rates.pdfBoost Fertility New Invention Ups Success Rates.pdf
Boost Fertility New Invention Ups Success Rates.pdfsudhanshuwaghmare1
 
Understanding Discord NSFW Servers A Guide for Responsible Users.pdf
Understanding Discord NSFW Servers A Guide for Responsible Users.pdfUnderstanding Discord NSFW Servers A Guide for Responsible Users.pdf
Understanding Discord NSFW Servers A Guide for Responsible Users.pdfUK Journal
 
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...apidays
 
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, AdobeApidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobeapidays
 
Top 10 Most Downloaded Games on Play Store in 2024
Top 10 Most Downloaded Games on Play Store in 2024Top 10 Most Downloaded Games on Play Store in 2024
Top 10 Most Downloaded Games on Play Store in 2024SynarionITSolutions
 
Why Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire businessWhy Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire businesspanagenda
 
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...Drew Madelung
 
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024The Digital Insurer
 
Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)wesley chun
 
GenAI Risks & Security Meetup 01052024.pdf
GenAI Risks & Security Meetup 01052024.pdfGenAI Risks & Security Meetup 01052024.pdf
GenAI Risks & Security Meetup 01052024.pdflior mazor
 
Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024The Digital Insurer
 
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...DianaGray10
 
Strategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a FresherStrategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a FresherRemote DBA Services
 
AWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of TerraformAWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of TerraformAndrey Devyatkin
 
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024The Digital Insurer
 
Polkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin WoodPolkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin WoodJuan lago vázquez
 

Último (20)

Real Time Object Detection Using Open CV
Real Time Object Detection Using Open CVReal Time Object Detection Using Open CV
Real Time Object Detection Using Open CV
 
Artificial Intelligence Chap.5 : Uncertainty
Artificial Intelligence Chap.5 : UncertaintyArtificial Intelligence Chap.5 : Uncertainty
Artificial Intelligence Chap.5 : Uncertainty
 
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data DiscoveryTrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
 
How to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerHow to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected Worker
 
Boost Fertility New Invention Ups Success Rates.pdf
Boost Fertility New Invention Ups Success Rates.pdfBoost Fertility New Invention Ups Success Rates.pdf
Boost Fertility New Invention Ups Success Rates.pdf
 
Understanding Discord NSFW Servers A Guide for Responsible Users.pdf
Understanding Discord NSFW Servers A Guide for Responsible Users.pdfUnderstanding Discord NSFW Servers A Guide for Responsible Users.pdf
Understanding Discord NSFW Servers A Guide for Responsible Users.pdf
 
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
 
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, AdobeApidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
 
Top 10 Most Downloaded Games on Play Store in 2024
Top 10 Most Downloaded Games on Play Store in 2024Top 10 Most Downloaded Games on Play Store in 2024
Top 10 Most Downloaded Games on Play Store in 2024
 
Why Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire businessWhy Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire business
 
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
 
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
 
Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)
 
GenAI Risks & Security Meetup 01052024.pdf
GenAI Risks & Security Meetup 01052024.pdfGenAI Risks & Security Meetup 01052024.pdf
GenAI Risks & Security Meetup 01052024.pdf
 
Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024
 
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
 
Strategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a FresherStrategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a Fresher
 
AWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of TerraformAWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of Terraform
 
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
 
Polkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin WoodPolkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin Wood
 

Faster and Cheaper Clinical Trials: The Benefit of Synthetic Data

  • 1. Accenture Life Sciences Patient Inspired. Outcomes Driven. Fasterandcheaper clinicaltrials The benefit of synthetic data
  • 2. With drawn-out timelines and billions in investments, traditional clinical trial methods are increasingly a barrier to cost-efficient and timely drug development.
  • 3. A role for synthetic data What is it? Synthetic data is generated by applying a sampling technique to historic data or by creating simulation scenarios where models and processes interact to create completely new data not directly taken from the real world.* How will it improve clinical development? Minimize or replace the control arm of a trial Reduces the demand for patient recruitment which saves time and money, and mitigates ethical issues around patients receiving placebos Model target patient population and define the boundaries of a trial Optimizes design and feasibility which positively impacts operational success *Adapted from Gartner
  • 4. Overcoming obstacles Pharma companies need to exploit the dynamics of data along these three dimensions Velocity Pharma companies are often utilizing historical and distinct data sets without incorporating new data as it is generated and have limited capacity to interpret incoming data. Variety Pharma companies typically do not have broad external data and have been reluctant to look beyond their own clinical data to other sources, such as industry data from other clinical trials and real-world data from EMRs. Volume Pharma companies have their own separate data, but this is just a fraction of the potential data available for use at an indication level and are usually not sufficient for rigorous statistical analysis.
  • 5. Essential enablers Using data efficiently, pharma companies need to do more to identify and adopt advanced technologies Pharma companies need to invest in: Technology Skills Leadership Without the right algorithms, companies are unable to extract meaningful insights from the data and build relationships between data sets. Algorithms need to be deployed in a way that enables an integrated analysis and application of data. Without the technical and data science skills, companies are unable to effectively apply digital solutions like predictive modeling and have a limited understanding of big data processing techniques such as artificial intelligence and machine learning. Strong leadership both within the life sciences industry and in key regulatory agencies is needed to drive transformation and build the infrastructure to facilitate data and knowledge exchange. Copyright © 2021 Accenture. All rights reserved. 5 5
  • 6. Where to start 01 02 03 04 Draft your big plan while getting started with pilots Create a bold global vision for leveraging synthetic data in clinical trials; prioritize assets with which to pilot the new approach. Take stock of your data and look outside for more Supplement internal data with external data sources to achieve a robust validated data set. Deploy smart algorithms for “what-if” analysis Integrate and automate algorithms into analytics platforms to evaluate and predict potential outcomes. Evolve your operating model New governance, skills and processes are needed so that predictive data analytics can inform clinical deployment plans.
  • 7. For more information Dr. Boris Bogdan Managing Director, Global Lead Precision Oncology and Personalized Healthcare, Accenture boris.bogdan@accenture.com Dr. Sanjay Jaiswal Managing Director, R&D Analytics Lead – NA, Accenture sanjay.s.jaiswal@accenture.com Jonathan Peachey Chief Operations Officer, Phesi jonathan.peachey@phesi.com Copyright © 2021 Accenture. All rights reserved. 7 7