With the support of our member companies, the PhRMA Foundation will soon be forging new pathways in value assessment and other promising fields, such as digital medicine. Health IT is poised to spur innovation throughout the biopharmaceutical industry. By leveraging real-world data and sophisticated technologies, we can learn more about patients, expand access to quality services, reduce excessive spending, and achieve greater outcomes. The Foundation’s new Data and Technology program, to be introduced soon, will bring much-needed funding opportunities to this emerging area.
This Program will provide a structure for transforming data into healthcare decision making with direct applications in population health, value of medicine analyses, treatment decisions, patient communications, and ultimately, patient outcomes.
As we evolve the infrastructure of the Foundation’s core programs, our commitment to people and patients has never been stronger. Foundation scientists are bringing real change to medicine and solving some of the greatest health care dilemmas of our time. And it all starts right here!
More announcements about the program are expected in early 2020.