The life sciences industry has seen huge growth in data and analytics in recent years, opening up new possibilities for research and product development.
But this explosion in data volume and complexity has been a double-edged sword: while it provides unprecedented insights for lab professionals, the industry lacks the data infrastructure to organize it, leaving scientists doing the repetitive, time-intensive work of manually extracting the analytics their research requires. So doing anything other than the actual science, basically.
Enter XpertRule’s partnership with Global Value Web, the experts in improving data integrity across life sciences value chains. Combining our Decision Intelligence technology with GVW’s data experts, we’re helping time-pressed practitioners easily access the right information, at the right time, wherever they are in the value chain.
We spoke with GVW founder and CEO Louis Hendriks about our collaboration and what it means for the future of the life sciences industry.
Life sciences has seen an explosion of data in recent times. How do you make sense of it all?
Making the data flow is really about how you go from data to information, to intelligence, and finally to knowledge and wisdom. But life sciences is lacking the data expertise right now to make this happen. So at every step of the value chain, we provide expertise to help organizations curate and access the insights (or wisdom) they need from all of this data.
Why life sciences, and why now?
Life science is our biggest industry and it has unique data challenges, with clinical trials becoming more complex all the time. Over many, many years, you go from the first test of a molecule all the way to drug product development and then market roll-out and batch production. So the big question is how do you follow the data all the way across a product’s life cycle?
“Let the scientists do the science. We’ll take care of the rest.”
What is the solution? How do you connect the data across such a long and complex value chain?
What businesses need, especially in compliance heavy environments in life sciences, is a partner who can process and curate huge volumes of data for specific use cases. That is where Decision Intelligence comes into play, with its ability to provide custom solutions that deal with complex data more efficiently and accelerate master data processing across the client value chain.
So it’s really about releasing scientists from repetitive data work?
Exactly. Scientists working across the entire value chain should be using their expertise to find the next compound, the next drug possibility. But in reality they are stuck in the data.
So we have to release them from that data work so that their valuable time comes back to the company. We as a service provider as an extension of their science teams are making sure that all the data components are in the right place at the right time, so that it can flow seamlessly. We bring speed and efficiency, we bring compliance, we bring quality..
And what that data integrity ultimately brings is trust - from both scientists and patients.
“What data integrity ultimately brings is trust - from both scientists and patients.”
Where does Gen AI come in and how can life sciences organizations get the most impact from it?
Gen AI won't do the work on its own. It's up to your business to feed it curated, "Gen AI-ready" datasets to ensure you get outputs optimized for your value chain.
With Gen AI, you can roam in much bigger datasets but you have to be able to trust it and you don't want to have that data exposed to any AI bot that just walks by because there's valuable IP hidden in there.
With XpertRule, you can ensure that Gen AI works on curated and secure datasets. Once you have that, there is huge potential for prompt engineering to make it very easy for scientists to query whatever they need and access it instantly.
“Gen AI won't do the work on its own. It's up to your business to feed it curated, ‘Gen AI-ready’ datasets to ensure you get outputs optimized for your value chain.”
What about compliance? How can Decision Intelligence help with quality and regulatory checks on products?
Every industry, from life sciences to manufacturing, has its own specific rules of business.
When you look at the life science value chain, you have huge variability because many molecules are being tested and they have to continuously change specs and methods and keep track of which molecules are going to be successful and will be transformed to drug products. If you have hundreds of drug products, then you have thousands of specifications, and they change every year.
XpertRule works with Global Value Web to curate datasets for each client according to the compliance guidelines and best practices of the industry they're in.
Can you sum up the impact of Global Value Web’s work with XpertRule?
What Global Value Web is doing, powered by the Decision Intelligence technology of XpertRule, is freeing up the domain experts to do their jobs better, faster, more accurately, with much more reach, much more insight. Our services are a combination of people, data processes and technology.
Scientists have to do the science and we have to provide all the data at the right time, at the right place.
To find out more about our work with Global Value Web, see the highlights of the interview here.