We have grown rapidly over the past year. The key reason for our fast market uptake is related to the new approach we have taken to information in life science. Gone are the days when a siloed “source by source” analysis approach was sufficient to address challenging requirements and core customer needs – things are simply moving too fast today.
OK! 12 million new payments with a combined dollar value of 8.2 billion have been added to Monocl. These payments are based on the 2016 data set from CMS Open Payments and they have been integrated using our powerful machine learning framework. Monocl now lets you evaluate financial transactions between companies and physicians based on more than 40 million payments. The combined value of all payments in the platform is a whopping 25 billion USD!
Here we go! After many months in the code dungeon, we are today proud to introduce the single most requested feature from our user base – filters and workspaces for academic and corporate affiliations.
We are working with a range of great companies. Although inherently different, they all ask us for a better way to track and monitor academic and corporate funding activities to improve their decision making. We will post a series of blog posts covering why academic and corporate funding activities are important and how you can use that data to make smarter decisions.
Anyone who has worked in the industry knows that identifying and selecting the right site and investigators is of paramount importance to the success of your pipeline and to keep costs down. But, getting access to and analyzing the information you need to make an unbiased, well-informed decision is troublesome and time-consuming.
Many of our customers are attending ASCO Annual Meeting 2017 on June 2-6 in Chicago. Most of them are looking to prioritize and evaluate conference speakers and proceeding authors. To help them improve their conference planning process, we are profiling all speakers at the conference with the extensive data from Monocl.