4
Feb
2023
Grand Défi Ou Goulot D’étranglement Ultime: A French Pharma Tackles Data Science
Most biopharma companies have started down the path of digital transformation – a fundamental overhaul of everything they do for the digital age. It’s not clear yet that anyone has arrived at the desired destination. Even so, there have been some early wins, generally related to operations, as the CEOs of both Novartis and Lilly have described. Arguably, the most... Read More
30
Jan
2023
Generative AI: No Humbug
In 1845, dentist Horace Wells stood before Harvard medical students and faculty, eager to demonstrate the utility of nitrous oxide – laughing gas – as a general anesthetic. Wells tried it out on a patient who needed a tooth extraction. The dose, it turned out, wasn’t enough. The patient screamed in agony. As described by Paul Offit in You Bet... Read More
4
Dec
2022
Hot Topics in Biopharma: Initial Impact of Digital, Data Dilemmas in Clinical Studies, and the Search for ‘New Normal’
For today: topics relevant to many drug developers (and others): The initial impact of digital The dilemma of data collection in early clinical studies The elusive search for “new normal” ways of working Initial impact of digital in biopharma The sexy promise of digital/data/AI in biopharma was that emerging digital technologies were going to solve our most important and vexing... Read More
14
Nov
2022
ICYMI – Recommended Reading and Listening for Biotech Innovators
Searching for a good listen or an interesting read? Here are my latest suggestions. Everything is awesome! Looking for something thoughtful and uplifting? A great place to start is this recent interview with tech VC Marc Andreessen, who discusses, persuasively, why he is still so optimistic about technology. Particularly useful: Andreessen’s ability to contextualize the evolution of technology, including the... Read More
27
Oct
2022
You Have Chosen … Poorly: Why Drug Developers Make Bad Decisions
Drug development remains an incredibly expensive endeavor. Much of the cost can be attributed to late-stage clinical trial failures. The burden is borne first and foremost by clinical trial participants who aren’t helped by the experimental medicine. It also significantly impacts the companies sponsoring these studies. Everyone would like to improve the chances that a novel medicine that advances into... Read More
1
Aug
2022
A Glimpse Into the Adjacent Possible: Incorporating AI Into Medical Science
The implementation of emerging technologies requires front-line users to figure out what to do with the technology – how to adapt the technology to the problems users are actively trying to solve. The most impactful use cases often are not immediately obvious – for example, Edison envisioned the phonograph would be predominantly used to record wills. Moreover, effective adoption typically requires... Read More
10
Jul
2022
Innovators Require An Exception-Oriented Mindset
Living in innovative domains like biomedical research requires an appreciation for the exceptional, the outlier. You might even argue that the goal of innovators – at least those who hope to see their ideas gain acceptance, or their inventions adopted – is to institutionalize the exceptional and make it routine. In the Perez model of technology adoption, this is the... Read More
24
May
2022
Seeking Wellness Through More Data, Less Technology, and Better Habits
It only took a pandemic, but well-being has at last emphatically arrived in the corporate world. Before the pandemic, wellness was often viewed as just another item on the HR benefit menu. Some companies offered limited reimbursement for fitness classes, or subsidized access to select health and wellness apps. But in the turbulent wake of COVID-19, well-being is increasingly viewed... Read More
2
May
2022
Biopharmas: Digitizing, But Not Quite Digital
What a difference two years makes. In January 2020, I left my role as a senior partner at a corporate life-science venture fund to pursue my interest in what I recognized as a captivating frontier: the intersection of biopharma with emerging digital and data technology. I set up an independent consultancy, and advised senior R&D executives in both large and... Read More
7
Mar
2022
Peacetime vs Wartime CEO: A Useful Lens for Transformative Leaders?
As biotech execs cope with challenging market conditions (the XBI biotech index is off about 50% from its high of February 2021), I found myself revising a now-classic 2011 essay by venture capitalist Ben Horowitz of Andreessen-Horowitz, arguing that extremely challenging times require very different management skills, and a different leadership style. He describes and contrasts the approaches of what... Read More
9
Jan
2022
Beware of the Expert Fallacy, But Don’t Fall Into The Cynicism Trap
In December, a team led by two University of Pennsylvania scholars, psychologist Angela Duckworth (best known as author of Grit) and behavioral economist Katy Milkman published in Nature the results of a colossal study on behavior change. The researchers evaluated the impact of a huge range of behavioral interventions – 54 – that were thought to potentially influence gym attendance... Read More
23
Dec
2021
Improving Health and Wellness in 2022
As we start to think about 2022 and improving our health and wellness in the New Year, we make ambitious resolutions and urgently try to identify the optimal diet and best exercise program to achieve our health goals. Stop Searching For The One As intuitive as this approach sounds, it’s almost certainly the wrong mindset. What behavior change experts, including... Read More
8
Dec
2021
Three Core Questions Underlying Durable Behavior Change
Each of us would be happier and healthier if we could adopt and maintain healthier behaviors. Many of us – including providers, organizational heads, community leaders, parents – hope to cultivate healthier behavior in others. The difficulty we experience attaining these common goals reflects three underlying questions around behavior change. Is the most effective locus of intervention the individual... Read More
5
Dec
2021
Corporate Health and Wellness Has New Urgency And Vision
Like no other event in our collective experience, the pandemic reminded us of the need for an integrative view of wellbeing beyond traditional measures of physical health. Focusing exclusively on cholesterol level and bone density, for example, would be hopelessly inadequate for the needs of today. I continued to be haunted by Zak Kohane’s description of the many children’s hospitals... Read More
29
Nov
2021
Obesity Is Rising; Can Health Coaches & Tech Drive Durable Behavior Change?
As we enter the holiday eating season – quickly followed by the New Year get-in-shape resolution season – let’s look at obesity challenge head-on. Expert physicians who study obesity recognize the condition as a complex disease associated with profound health consequences. It also represents, for many health tech entrepreneurs, a high-value problem to be solved. Obesity has been ratcheting upward... Read More
18
Nov
2021
Precision Health’s Next Great Challenge: Behavior Change
Humility may not be the first word you associate with “genetics,” “precision medicine,” and “Harvard,” but it was unquestionably the theme of the day at a fascinating panel this week convened by the Harvard Data Science Initiative. The discussion (video here), was remarkably grounded. It reflected hard-earned learnings from experts who have tried to implement data-driven, “precision” health solutions outside the... Read More
15
Nov
2021
Motivating a Modicum of Exercise: The Healthtech Opportunity
“It’s been a busy few weeks for product announcements in the world of fitness,” industry observer Anthony Vennare recently commented, citing the latest offerings from the Peloton, Mirror, Tempo, and other digital fitness platforms. On the one hand, these developments are encouraging, offering customers pursuing fitness — and who are willing and able to afford the steep premiums — a... Read More
7
Nov
2021
Aspiring Healthtech Companies Require A Nuanced Understanding Of Healthcare’s Human Dynamics
The best concise summary I’ve seen of tech industry travails in healthcare comes from Blake Dodge, a reporter at Business Insider. Dodge had just written a piece about Apple Health, and took to LinkedIn to share an additional quote that didn’t quite make the final copy. “I think they came to it pure of heart, really thinking that they could... Read More
4
Oct
2021
Pharma’s Digital Transformation: Enduring Challenges, Sustained Hopes, And A Progress Report From Lilly’s CEO
When it comes to emerging digital and data technologies, most pharma CEOs today are singing from the same hymnal. They all emphasize their commitment to digital transformation, and assert that the adoption of digital processes are key to their companies’ success, and vital for the industry’s future. A recent Lazard survey of healthcare leaders echoes this message. The investment bank... Read More
20
Sep
2021
What Should I Read? A Few Suggestions for Biotech Pros
Although we are all impossibly busy, most people I know in the biotech industry still make time to read books. Books may sometimes have a hard time competing with flashier forms of media in the online attention economy, but they aren’t going away anytime soon. This seems especially true now that so many titles are available in audiobook form, enabling... Read More