Market Overview

The Worth of Real World Evidence in Healthcare | A Quantzig Whitepaper

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Quantzig, a global analytics solutions provider, has announced the
completion of their recent whitepaper on the importance
of real world evidence in healthcare
.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180822005391/en/

Real World Evidence Through Advanced Analytics (Graphic: Business Wire)

Real World Evidence Through Advanced Analytics (Graphic: Business Wire)

Real world evidence (RWE) has become a progressively important
constituent of the drug development process. By acting as a substitute
to conservative randomized clinical trials (RCTs), RWE gathers
supporting outcomes and safety data outside RCTs that provide a more
complete view of a product's real-life therapeutic and economic value to
payers, patients, providers, and sponsors. With the correct data and
advanced analytics support, RWE helps develop a common understanding of
a drug product's effectiveness and safety profile that is used by
healthcare stakeholders to drive decisions.

Request
a proposal
to understand how RWE analytics can help your
business.

"RWE helps in developing a common understanding of a drug product's
efficacy and safety profile, which can be used by healthcare
stakeholders to drive decisions," says
an expert from Quantzig.

To know more about the scope of our research, book
a solution demo

The real worth of RWE in healthcare:

RCT (randomized controlled trials), the gold standard for analyzing
safety and effectiveness before launch, does not provide a full picture
of the efficacy of a new treatment in a real-life environment. As a
result, stakeholders have started looking for data about the complete
patient journey and outcomes. By providing information on both real-life
clinical practice and actual health outcomes of drug products, RWE can
offer commercial insights and broader scientific evidence. Mixing RCTs
and RWE-based approaches could help attain a consistent proof of concept
and a good benefit-risk profile for drive reimbursement, new
pharmaceuticals, and eventually impact provider actions, and patient
care.

To read more, download
a FREE sample

RWD (real world data) combined with big data and advanced analytics
technologies help expand the understanding of treatments and diseases,
recognize risk issues earlier, better direct the design of new products,
and produce evidence for product approval. The complementary data also
helps gain and protect market access, pricing, and reimbursement.
Another analytics application of using RWD is comparative analysis,
which helps in measuring a product's performance compared to substitute
treatment regimens and competitor products in the complex environment of
comorbidities among diverse and largely non-treatment naive populations.

To know more about the worth of real world evidence in healthcare, get
in touch

Download the complete whitepaper on the worth of real world evidence
in healthcare here:

https://www.quantzig.com/request-white-paper?related=85907

About Quantzig

Quantzig is a global analytics and advisory firm with offices in the US,
UK, Canada, China, and India. For more than 15 years, we have assisted
our clients across the globe with end-to-end data modeling capabilities
to leverage analytics for prudent decision making. Today, our firm
consists of 120+ clients, including 45 Fortune 500 companies. For more
information on all of Quantzig's services and the solutions they have
provided to Fortune 500 clients across all industries, please contact us.

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