Assay Depot -- Pharmageddon

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The Pistoia Alliance Conference in April 2011 included a series of 10-minute "lightning talks" from vendors about what they think pharma will look like in 2020. This presentation was delivered by Kevin Lustig of Assay Depot.

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Assay Depot -- Pharmageddon

  1. 1. Pharmageddon
  2. 2. Cost Reductions Improved Clinical Success Rates?
  3. 3. Profit Innovation Inefficiency Local Maximum Start Industry The Industry is Stuck at a Local Maxima
  4. 4. The rapid and ongoing externalization of drug research represents an opportunity to fundamentally change the drug discovery equation.
  5. 5. Pharma Researcher CRO 100 Enter question, request or order CRO 10 CRO 1 If Used Effectively, Research Externalization Can Dramatically Empower Researchers and Promote Innovation <ul><li>Scale number of relationships </li></ul><ul><li>Use simple communication system </li></ul><ul><li>Streamline purchase workflow </li></ul>Cognitive Surplus
  6. 6. IT Solution – Essential Component #1 Easily scale the number of relationships
  7. 7. IT Solution – Essential Component #2 Create a simple vendor communication portal
  8. 8. IT Solution – Essential Component #3 Simplify the online purchase process and include customer feedback
  9. 9. The future of drug research is here Contract Research Exchanges (CRXs)

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