Earlier in October, I was excited to be invited to a Workshop on Accelerating Adoption of Complex Clinical Trials in Europe and Beyond: Patient Involvement, organized by EFPIA, the European Federation of Pharmaceutical Industries and Associations.
The European Federation of Pharmaceutical Industries and Associations (EFPIA) represents the pharmaceutical industry operating in Europe. Through the direct membership of 36 national associations and 41 leading pharmaceutical companies, EFPIA is the voice on the EU scene of 1,900 companies. The latter are committed to researching, developing and introducing new medicines with the aim of improving health, lifespan, and quality of life worldwide.
In the words of the organizers, the goal of the workshop was “to develop shared solutions for the use of complex clinical trials to optimize drug development in Europe”.
I wanted to be part of the conversation because I have a particular interest in how technology & digital tools act as enablers for solving big industry challenges.
Here are some of the key takeaways from the workshop as well as some personal thoughts on the practical applications of innovative technology in Clinical Trials.
All presentations and interventions were very engaging and brought valuable insight to the table, but I’d like to mention one which resonated with me.
Nathalie Seigneuret, Scientific Officer at the Innovative Medicines Initiative (IMI), a public-private partnership between the EU and EFPIA, delivered an interesting presentation regarding how IMI is advancing clinical research through the development of various tools and methodologies to optimize CT design, with a focus on patient centricity. Nathalie listed Digital Tools such as:
In her presentation, Nathalie also mentioned Blockchain technology as one tool available in the Clinical Trial Digital Toolbox. So, I was curious to learn about the areas where IMI sees blockchain implemented. I had a few areas in mind where blockchain could work well, including tracking and timestamping of clinical trials and post-trial patient monitoring, but I wanted to get Natalie’s input on this. She was kind enough to share her thoughts.
“Our IMI Pharma Ledger will use Blockchain technology to see how it could help recruitment in clinical trials. The Clinical Trial eRecruitment use case aims to create a neutral, industry-wide utility to help patients or their healthcare providers more efficiently find clinical trials which match their health profiles and interests.”
An additional intervention from the audience on this topic came from Jenny Camaradou. Jenny mentioned some emerging EU chapters concerning patient engagement and blockchain, though it’s generally fairly US-centric.
According to a report from CB Insights, applications for Blockchain & distributed ledger technology in Pharma could help solve some of the biggest industry challenges, from managing patient data to tracking drugs through the supply chain.
My take, as a Blockchain business consultant, is that Blockchain technology is being increasingly harnessed in clinical trials to:
Even more specifically, Blockchain can be used to add value to a variety of processes:
Blockchain implementation could also help solve some of the industry’s most pressing compliance, interoperability, and data security issues, and set the foundation for new patient-centric business models, which were also actively debated in this workshop.
One thing is clear: blockchain technology is no longer in its infancy, and it is being deployed extensively in the Pharma industry, across a variety of use cases.
If the topic has captured your interest, Zitec will be speaking at Blockchance.eu this December and we have a giveaway! Fill in this form for a chance to win one of the ten invitations we are offering for free!
Blockchain is the go-to technology of the future. As an early adopter and tech leader, we can help you determine if this is the proper solution for your specific business challenges. If you wish to learn more about blockchain and its potential uses in life sciences and other industries, drop us a line.