[September 11, 2017]

Quantzig's Real-World Evidence Analytics Helps an Oncology Client Discover Trends in Treatment Pathways

A leading oncology client wanted to devise strategies to collect relevant customer data and market insights that are cost effective and available within a short period of time. The client also wanted to integrate and analyze new data sources and build a user-friendly interface for searching and reporting.

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Real World Evidence Analytics Assists an Oncology Client to Discover Trends in Treatment Pathways. (Graphic: Business Wire)

Consumers are always on the lookout for more effective ways of curing their illness. With the changing preferences of the consumers, key players in the pharmaceutical industry have started offering a variety of treatment options. Pharmaceutical companies are also using real world evidence analytics to test the use of drugs n real world medical settings. In the field of oncology, companies can use real world evidence analytics to come up with better therapies to cure illnesses. With the help of such solutions, organizations can get a clear description of treatment patterns, use of resources, and the costs involved in the treatment by comparing real world data with the existing datasets.

According to Quantzig's industry experts, "Organizations can drive patient value, design more successful clinical trials, and respond to the fluctuating market dynamics using real world evidence analytics."

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This real world evidence analytics solution provided benefits that helped the client to:

• Gain a detailed calendar view of the disease progression
• Classify the disease based on severity into mild, medium, and severe
• Analyze hazard ratios based on patient cohorts
• Gain quick insights into patient treatments and discover trends in treatment pathways switching history, and the treatment patterns

This real world evidence analytics solution offered predictive insights such as:

• Determining optimal pricing based on product effectiveness
• Understanding treatment patterns and their outcomes
• Determining unmet needs by evaluating the cost of illness
• Leveraging the use of real world data to make more timely and informed decisions
• Gaining a consolidated view of patients based on the severity

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View the real-world evidence analytics study: https://www.quantzig.com/content/real-world-evidence-analytics-oncology

About Quantzig

Quantzig is a global analytics and advisory firm with offices in the US, UK, Canada, China, and India. For more than 12 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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