Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the pharma industry. This time, you get to discover five hand-picked pharma risk management startups.
Out of 195, the Global Startup Heat Map highlights 5 Top Pharma Risk Management Startups
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering 2 093 000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 195 exemplary startups & scaleups we analyzed for this research. Further, it highlights five pharma risk management startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these five startups & scaleups in this report. For insights on the other 190 pharma risk management solutions, get in touch with us.
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MYTIGATE facilitates Pharma Supply Chain Risk Management
Founding Year: 2017
Location: Eschborn, Germany
Use this solution for Pharma Lane Analytics
MYTIGATE is a German startup that develops a web-based risk management platform for pharmaceutical companies. The platform measures risks based on the capabilities and performance of possible supply chain partners on a certain lane and provides measures for risk mitigation. It thus enables pharmaceutical producers to choose liable supply chain partners as well as provides shippers with insights into package conditions using temperature data loggers.
Sophos enhances Drug Safety
Founding Year: 2016
Location: San Francisco, US
Partner for Pharmacovigilance
Sophos is a US-based startup that offers digital solutions for drug safety and risk management. Its proprietary solution, Corpus Application Suite, simplifies compliance and internal reporting. The suite consists of a risk management module that allows pharma companies to develop personalized pharmacovigilance and risk management plans (RMP). It analyzes the safety data with RMP and identifies potential risks to perfor casualty assessment. This allows pharma companies to identify gaps in their drug safety processes and implement strategies to avoid litigation costs.
COGVIO simplifies Pharmaceutical Pricing
Founding Year: 2017
Location: Prague, Czech Republic
Reach out for Drug Price Management
COGVIO is a Czech startup that builds software-as-a-service (SaaS) tools to automate complex pharmaceutical industry tasks. The startup’s solution, Price Monitor, automates the international reference pricing (IRP) agenda using real-time data, such as price erosion, risk management, and competitor monitoring. This allows pharmaceuticals to make faster decisions on drug launches and price management, eliminating the need for time-consuming research and optimizing product costs.
3Analytics provides Drug Safety Analytics
Founding Year: 2020
Location: Chennai, India
Collaborate for Pharma Compliance Automation
3Analytics is an Indian startup that offers AI-based safety analytics and compliance automation platform. It enables data gathering and contextualization for individual patients from a variety of sources. Besides, the AI algorithms discover patterns and trends from this data to identify potential adverse drug reaction (ADR) risks and hence prevent any casualties. This enables the pharma sector to ensure the safety of drugs, vaccines, medical devices, and cosmetics.
QUIID develops a Precision Medicine Platform
Founding Year: 2016
Location: Rouen, France
Work with QUIID for Drug Toxicity Assessment
QUIID is a French startup that offers QUIID[HUB], an in-silico precision medicine and chemical analytics platform. It allows users to assess drug toxicity using proprietary machine learning algorithms and data mining techniques. This enables pharma companies to predict toxic properties and other endpoints, like mutagenic and metabolic properties, during drug development, avoiding potential side effects in the trial phase.
Discover more Pharma Startups
Pharma startups such as the examples highlighted in this report focus on supply chain transparency, drug safety, compliance, and process automation. While all of these technologies play a major role in advancing the pharma industry, they only represent the tip of the iceberg. To explore pharma technologies in more detail, simply let us look into your areas of interest. For a more general overview, download our free Pharma Innovation Report to save your time and improve strategic decision-making.
