Wearables in Pharma

Value-based healthcare

The cost of drug development is rising and the shift of healthcare to a value-based model is increasing the pressure on the system even further. The ability to seamlessly gather real-world data about the performance of an experimental treatment or the management of chronic diseases is therefore becoming a crucial competitive advantage.

Learn about Wearables in Healthcare

What is the real potential?

Wearable health is still in its infancy. Most stakeholders are in agreement about its importance and potential but tapping into it requires multidisciplinary expertise. At Byteflies, we have experienced this first hand. We have developed wearable health solutions, deployed them in real use cases, and traveled the world to get access to innovative new technologies.

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Learn about Wearables in Healthcare - What is the real potential?

Exploration & Proof-of-concept

Rapidly explore a wearable health solution in a pilot study

Big data has potential, smart data is powerful. Optimization of the device and vital signs, and establishing proof-of-concept of interest are important hurdles to take before investing in large(r) trials. Our team includes data and research scientists with first hand experience who can guide you through this important first step.

Exploration & Proof-of-concept - Rapidly explore a wearable health solution in a pilot study

Optimization & Validation

Evaluate and refine your solution in a larger test population

Once the concept has been proven, it's time to fine-tune the design of the hardware and software to match your specifications. Setting up stress testing in larger populations, HIPAA-compliant workflows, regulatory approval, tools to monitor and manage subjects, and analysis of data all belong in this phase. Our platform can accommodate trials with 1-100+ subjects, in the hospital, at home, or anywhere else.

Optimization & Validation - Evaluate and refine your solution in a larger test population

Scaling

Ready your solution for wide-scale use and commercialization

Eventually, wearable health solutions should scale beyond 1000+ subjects to support Phase III and Phase IV clinical trials. Our scalable platform and technology partnerships make this possible.

Scaling - Ready your solution for wide-scale use and commercialization

Example Cases

Accelerate clinical trials

Bringing a new drug to market costs $1B-10B and takes 10-15 years so all innovations that attempt to improve the drug development process are important. Distributed clinical trials are one such innovation. They increase the number of subjects that can be enrolled at once, and the quality and quantity of real-world evidence that is generated. Wearable health devices are the crux of distributed trials as they enable 24/7 vital sign collection, escape the physical barriers of trial site, and provide a direct line of communication with the subject, no matter where they are.

Byteflies - Accelerate clinical trials

A tool for value-based healthcare

Proving the efficacy of a drug, both in the short and long-term is becoming increasingly important for providers. A wearable health device can extend a care strategy into the home environment, provide the means for medical professionals to react more promptly to relapses, generate continuous and objective cohort data, and monitor treatment adherence.

Byteflies - A tool for value-based healthcare

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