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ICIC 2017: Technology-Assisted Literature Monitoring in the Legal and Business Industries: Maximizing Opportunity and Minimizing Risk

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Giovanni Ciavarra (ISS Innovative Science Solutions, USA)
Neglecting key scientific developments can translate to missed opportunities and increased risks in the legal and business industries. The scientific and medical literature provides a significant source of information for stakeholders in these industries, but the ever-increasing pace and sophistication of emerging science can be daunting to track and review. In our years of experience working closely with regulated product manufacturers and their counsel, we continually encounter teams that struggle to keep up with new science in a systematic and organized fashion. However, when firms integrate systematic literature monitoring in their processes, these firms are up-to-date on the science and rather than playing catch-up, these teams are hard at work analyzing and developing new strategies based on the emerging science. This latter group is exemplary of the advantages offered to those firms and companies closely tracking key scientific developments. Technological developments are making literature monitoring and evaluation more effective and relevant to the intended audience. To enhance our work, we have recently initiated various collaborations to integrate new human-assisted big data and machine learning approaches to the identification and review of the literature. In this presentation, we will present our experiences working closely with attorneys handling complex scientific cases and how we support them in maintaining an awareness of the science, including some of the technologies we are integrating with our existing processes.

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ICIC 2017: Technology-Assisted Literature Monitoring in the Legal and Business Industries: Maximizing Opportunity and Minimizing Risk

  1. 1. Technology-Assisted Literature Monitoring in the Legal and Business Industries: Maximizing Opportunity and Minimizing Risk ICIC - Heidelberg October 24, 2017
  2. 2. What does Innovative Science Solutions Do? 2
  3. 3. Overview - Scientific information awareness is key to business and litigation success - New tools can facilitate identification and review of scientific information - Integrated solution that can help with better risk and opportunity identification 3
  4. 4. Scientific Information can Inform about Emerging Risks and Opportunities 4
  5. 5. Identify trends and be prepared before they become a headline 5
  6. 6. Well-Established Risks Potential/Emerging Risks 6
  7. 7. PubMed Indexed “GD Brain Deposition” 7
  8. 8. Proactive Horizon Scanning Requires Systematic Approach (right tools and knowing where to look) ✓ Evaluate the science behind the risk ✓ Take action to minimize risk or maximize opportunity 8 Awareness of Scientific Information is Key
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  11. 11. 300.000 400.000 500.000 600.000 700.000 800.000 900.000 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Explosive Growth of Scientific Literature 11
  12. 12. Increasing Number of Relevant Data Streams Science / Regulatory Consumer Sentiment News / Popular PressCitizen Science 12
  13. 13. 1. Target and Identify 2. Alert 3. Archive/Store 4. Compile/Tabulate 5. Analyze Steps of Effective Scientific Information Management 13
  14. 14. INEFFICIENT 14
  15. 15. Technology Assisted Literature Monitoring and Rapid Reviews of Bodies of Literature 15
  16. 16. “Our machine learning algorithms work in the background to present the most relevant papers to each individual user from our corpus of over 48 million pieces of scientific content, without needing a lengthy list of precise keywords.” 16
  17. 17. Social listening can provide an early indicator of emerging risk and uncover novel opportunities 17
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  19. 19. Scientific Literature Analysis 19
  20. 20. “Producing [Systematic Reviews] requires researchers to identify the entirety of the relevant literature and then extract from this the information to be synthesized; a hugely laborious and expensive exercise. Moreover, the unprecedented growth of the biomedical literature has increased the burden on those trying to make sense of the published evidence base.” 20
  21. 21. SWIFT-Review puts the systematic review expert in the driver’s seat by providing several features that can be used to search, categorize, and prioritize large (or small) bodies of literature in an interactive manner. SWIFT-Review utilizes newly developed statistical text mining and machine learning methods that allow users to uncover over-represented topics within the literature corpus and to rank order documents for manual screening. 21
  22. 22. Machine Learning for Prospective Scientific Information Identification 22
  23. 23. Why Use “Technology Assistance” for Prospective Literature Identification? Manual review is: ✓ Expensive ✓ Error-prone ✓ Resource intensive Benefits of TAR: ✓ Reduced cost and effort ✓ Improved accuracy ✓ Improved scalability 23
  24. 24. Supervised Machine Learning and Continuous Active Learning Establish initial set of documents for review Seed set TestTestSMESME Train Rank Documents 24
  25. 25. Unified Platform - Horizon Scanning Dashboard - TAR - Analyses 25 Integrated Horizon Scanning Platform for Risk and Opportunity Evaluation Relevant Data Streams - Scientific Literature - Social Media - News Relevant Audience - Inside/Outside Legal - Industry - Insurance Proactively Address Identified Risks and Opportunities
  26. 26. • Staying on top of scientific information is critical to business and litigation success • New tools are necessary to monitor scientific information and enhance ability of detecting rare signals • Integration of new tools can allow for better risk and opportunity identification Summary 26
  27. 27. 27 Giovanni Ciavarra, Ph.D. (973) 889-1600 x110 Ciavarra@innovativescience.net David H. Schwartz, Ph.D. (973) 889-1600 x104 schwartz@innovativescience.net

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