Disruptive forces in technology and the implications for healthcare

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05/04/2017 Proprietary and Confidential Information © Across Health 1 Webinar: Disruptive forces in technology and the implications for healthcare 30 March 2017

Transcript of Disruptive forces in technology and the implications for healthcare

05/04/2017Proprietary and Confidential Information© Across Health 1

Webinar: Disruptive forces in technology and the implications for healthcare

30 March 2017

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Agenda

1 Key trends in healthcare disruption

2 Embedding disruption in pharma organisations

3 Across Health Healthcare Disruption Tour

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Ditto in Healthcare

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Digital can enhance patient engagement…and outcomesReal-time motivational, behavioral and educational coaching to help patients self-manage their diabetes treatment plan

• FDA-approved

• Rx only

• Bundling with most glucose meters

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Remote monitoring & connected home are scaling quickly

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GRAIL is using the power of high-intensity sequencing, population-scale clinical trials, and state of the art

Computer Science and Data Science to

enhance the scientific understanding of cancer biology and develop blood tests for early-stage cancer detection

900m USD investment (VC, JnJ, Celgene, BMS, …

The prevention & diagnostic market will grow significantly

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Internet of things

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But it is still early days..

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But there is traction…Proteus, inhalers, glucose meters,…

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http://bit.ly/2meMDvS

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Meet Pepper & Zora (in Ostend, Belgium)

"it is another way of making contact and maybe it is

reassuring that it is a robot for some people," she said.

“The baby was really sure. He did not mind putting his

hands on it. It did not frighten him so I think it will be

important. Especially for children.“

(Pepper speaks 19 languages btw)

PEPPER ZORA

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The voice-first user interface has gone mainstream

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Buoyhealth.com

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Blending AI with HI: Babylon.com (UK)

• Babylon reckons that 85% of consultations do not need to be in person

• GPs spend 93% of their time with patients compared with only 61% in Britain’s public sector

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Digital “natives”?

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But…it’s a HARSH world

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There is too much fantasy right

now, blending what could and

should be possible with what

actually exists today.”

https://wire.ama-assn.org/life-career/medical-innovation-and-digital-snake-oil-ama-ceo-speaks-out

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The first sobering (& shakeout?)

“It's slow and I think that was a bit

of a surprise for anyone who came

in from outside who wasn't from a

core healthcare realm”

“The days of blindly and wildly

funding digital health ideas without

proof of value are over.”“No one's really proved that you

can make a lot of money in this

(digital health) sector”

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Certainly not for today or tomorrow…

• Many setbacks will happen

• Safety, security, compatibility & privacy concerns

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Just a few health tech unicorns yet…and the highest-valued ones already VUCAnized

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It’s not easy…and quite EARLY for health techMarket declining/stalling – first moment of sobering…but potential is HUGE!

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Agenda

1 Key trends in healthcare disruption

2 Embedding disruption in pharma organisations

3 Across Health Healthcare Disruption Tour

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Big tech enters the scene…and joins up with incumbents - sometimes

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Where & how can incumbents focus on the disruptive space?

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Why?

1. Improve outcomes

2. Build connections to patients

3. Lead to new business opportunities

4. Strengthen branding

http://bit.ly/2nsms55

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Where & how?

EY – Digital deals 2017

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And what about PharmaCare?

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Startup characteristics

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Offence is the best defence (PWC 2017)

http://www.pwc.com/gx/en/industries/financial-services/fintech-survey/report.html

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Agenda

1 Key trends in healthcare disruption

2 Embedding disruption in pharma organisations

3 Across Health Healthcare Disruption Tour

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Healthcare Disruption Tour, Jan 2017

NPS = 66!

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NPS = 66!

“Apart from the enormous market opportunities to be tackled on Monday I feel that taking part in this Disruption Tour brings me the highest ROI I ever experienced. Great value for money, to say the least”

“Exciting opportunity to challenge your thinking about the future, and how our roles can help influence our organisations to be ready for the day after tomorrow.”

“A great way to start the year. To network, to learn and to get inspired. A great experience and very well organised.”

“The opportunity to engage with a diverse range of organisations and people that will genuinely change your perspective on the world of healthcare.”

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29th January – 2nd February 2018

Back for a third time

- See what Silicon Valley is really like- Understand how what happens in California can impact you- Learn about startup culture and business models- Identify companies who can help you develop new

products, and who would be a good partnership fit

http://www.healthcaredisruption.com/signin/

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Some predictions from the Economist article“Enormous change looks inevitable”• Rapid medical and diagnostic innovation will disrupt all businesses that rely heavily on

physical facilities and staff

• The point of care will move rapidly into the home

• if pharma firms do not design solutions that put the patient, rather than drug sales, at

the centre of their strategy, they risk losing relevance.

• More data will not only identify those drugs that do not work. Digital health care will also

give rise to new services that might involve taking no drugs at all.

“The biggest winners from digital health care will be the patients who receive better treatment,

and those who avoid becoming patients at all.”

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