R and D Intelligence in 5 sec — What is the Value of Speed and Quality for Product Development?
For a biotechnology company drafting a development plan for a Biologics Licensing Application (BLA), it is critical to use historical data for efficient planning and forecasting. However, to extract simple information, let’s say it takes 5 min for 1 BLA with manual curation. It will take 10 min for 2 BLAs…~24 hours for 300 BLAs. VivproAI, a proprietary data, and technology platform has created R&D Intelligence Assistant (RIA) application to deliver this information in 5 sec for 1 or 311 BLAs.
The RIA application can answer the following questions in a matter of seconds.
- How long does it take for a BLA to get approved by the US FDA? ~ 300 days
- How many BLAs are granted various product designations? 5% accelerated approvals, 10% breakthrough designations, 16% fast tracks, and 30% Orphan Designations of the 311 total approvals.
The above questions are seemingly straightforward but how about more complex questions? It can take enormous time depending on skillset and knowledge of regulatory resources. Also, manual curation is error-prone and can impact quality. With the RIA application, we can answer the following questions in a matter of seconds and at higher quality with the technology backbone.
- How many biologics are approved for non-small cell lung cancer treatment? 10 biologics
- How many of those were as a first approved indication? 1 biologic
- How many biologics are approved for renal cell carcinoma treatment? 8 biologics
- How many of those were as a first approved indication? 1 biologic
As you can see the trend, the possibilities to achieve speed and quality are unlimited with the RIA application. Combining human and artificial intelligence enables scalable solutions with higher speed and quality. VivProAI Platform allows answering these questions rapidly so the development teams can act on knowledge.
We are challenging the status quo of R&D intelligence by asking- what is the value of speed and quality?
