Jeff Elton On How To Speed Drug Development Using "Real-World Data"

<p>Harry's guest this week is Jeff Elton, CEO of a Boston-based startup called Concert AI that's working to bring more "real-world data" and "real-world evidence" into the process of drug development. What's real-world data? It's everything about patients' health that's not included in the narrow outcomes measured by randomized, controlled clinical trials. By collecting, organizing, and analyzing it, Elton argues, pharmaceutical makers can it design better clinical trials, get drugs approved faster, and—after approval—learn who's really benefiting from a new medicine, and how. </p><p>Concert AI, which has offices in Boston, Philadelphia, Memphis, New York, and Bangalore, specializes in providing “research-grade real-world data” and AI-based analytical services to companies developing cancer drugs. Before joining Concert AI, Elton was managing director of strategy and global lead of predictive health intelligence at Accenture, and before that he was a senior vice president of strategy and global chief operating officer at the Novartis Institutes of BioMedical Research. He’s the co-author with Anne O’Riordan of a 2016 book from Wiley called <i>Healthcare Disrupted: Next Generation Business Models and Strategies</i>.</p><p><strong>Please rate and review MoneyBall Medicine on Apple Podcasts! </strong>Here's how to do that from an iPhone, iPad, or iPod touch:</p><p>• Launch the “Podcasts” app on your device. If you can’t find this app, swipe all the way to the left on your home screen until you’re on the Search page. Tap the search field at the top and type in “Podcasts.” Apple’s Podcasts app should show up in the search results.</p><p>• Tap the Podcasts app icon, and after it opens, tap the Search field at the top, or the little magnifying glass icon in the lower right corner.</p><p>• Type MoneyBall Medicine into the search field and press the Search button.</p><p>• In the search results, click on the MoneyBall Medicine logo.</p><p>• On the next page, scroll down until you see the Ratings & Reviews section. Below tha