With all stakeholders increasingly realising the value real-world evidence (RWE) studies can bring into the healthcare delivery, newer applications of RWE are being discovered with each passing day. RWE has the potential to tremendously enhance the speed of patient access to new drugs. With this background, it is absolutely essential that the quality of RWE […]
Real-World Data (RWD), from which Real-World Evidence (RWE) is generated, has the unique capability of depicting real-world outcomes. RWD can also reduce timelines for research and development, and generate profound insights into the disease process. However, RWD from a single source often suffers from bias relating to equipment, lack of phenotypic diversity, limited training models, […]
Last few years have seen data as well as data exchange emerging as the new currency in healthcare. Data sharing is a powerful force that is transforming conventional relationships in the healthcare marketplace as the global healthcare platform moves from being volume-based to quality-based. (1) Around 30% of the stored global data is generated within […]
There are humungous quantities of data existing in healthcare; data from all kinds of sources, such as clinical, patient, payer, R&D, pharmacy as well as revolutionary technologies that are being quickly embraced, for e.g. data from wearable devices. According to a report by International Data Corporation (IDC), (1) the volume of healthcare data which was […]
The concept of “Big Data” is #trending today, which is characterized by types of data sources with huge quantities, high speed and broad diversity of information. Healthcare industries are trying to apply Big Data analytics to reform data into a workable platform in order to generate information that would help making better and faster clinical […]
Currently, the data protection law in India is facing many issues due to the absence of proper legislative framework. The theft and sale of stolen data is happening across vast continents, where physical boundaries pose no restriction in today’s technologically advanced era. India, being the largest host of outsourced data processing in the world, could […]
