Year: 2015-16
Company: Takeda
Liaison(s): Sona Chandra Robert Jackson James Tiller
Takeda is a top-15 global pharmaceutical company, headquartered in Osaka, Japan. Current drug development specializes in metabolic and cardiovascular diseases, respiratory and immunology, central nervous system, oncology, and general medicine products. In 2012, Takeda reported $16.2 billion in revenue. Beyond-the-pill aims to provide additional services and devices – secondary to the therapy – to improve overall patient outcomes. As the pharmaceutical industry moves into the digital age, the Global Medical Affairs (GMA) team at Takeda is interested in beyond-the-pill solutions that can revolutionize drug development as well as how healthcare is conducted. Takeda seeks a technology solution that will disrupt or otherwise improve the functioning of two prioritized Cardiovascular Metabolic (CVM) disease states. This project has been a unique opportunity to gain a thorough understanding of how digital health is evolving and growing at Takeda, the pharmaceutical sector, and the healthcare industry as a whole. The project began with a characterization of the patient journey to understand the disease states and associated unmet needs. This was followed by a landscape assessment of the most cutting-edge technologies. The team investigated 76 technologies, categorized by function, user, and disease specificity. Based on the research, the team presented each technology and highlighted its strengths and weaknesses to Takeda. The CVM team chose three solutions that best aligned with Takeda’s beyond-the-pill initiative. The next step was an in-depth analysis of each technology, including company financial stability, technology feasibility, and development timeline. Based on these findings, the TMP team will propose a plan for implementation in clinical trials and/or commercialization.