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• Cognizant 20-20 Insights




Adaptive Social Media in Life Sciences
   Executive Summary                                    the healthcare system have forced life sciences
                                                        companies to be more nimble and innovative. An
   In 2011, 74% of pharmaceutical companies had
                                                        example is the adaptive clinical trial process that
   adopted social media technologies — a higher rate
                                                        has been rapidly adopted and approved by the
   than financial services and retail.1 While many
                                                        FDA. In 2006, the Pharmaceutical Research and
   pundits argued that the lack of Federal Drug
                                                        Manufacturers of America (PhRMA) put forth the
   Administration (FDA) guidance would restrict the
                                                        following definition: “Adaptive design is referred
   use of social media channels, pharmaceutical and
                                                        to as a clinical trial design that uses accumulating
   other life sciences companies are holding their
                                                        data to decide on how to modify aspects of the
   own by adapting to the regulatory ambiguity to
                                                        study as it continues, without undermining the
   meet the needs of their diverse customers and a
                                                        validity and integrity of the trial.”2
   mandate for rapid change.
                                                        Applying the adaptive design to social media
   Adding to the regulatory risks of violating
                                                        means that life sciences companies accumulate
   existing or impending FDA regulations is a rapidly
                                                        data to decide on how to modify aspects of
   changing landscape of social media monitoring
                                                        customer engagement as it continues, without
   and analytics solutions. There are hundreds of
                                                        undermining the trust and equity in the brand or
   free, paid, integrated, standalone or platform
                                                        organization.
   solutions vying for attention. The complexity of
   using advanced technology to collect social media    What is common to the adaptive design in clinical
   data for insight into customer preferences and       trial and in social media strategies is:
   behaviors seems well-suited to the data-driven
   approach that life sciences companies adapt to       •   Big data: Accumulation of large amounts of
   many aspects of their business models to remain          data.
   agile and customer-centric.
                                                        •   Descriptive and predictive analytics to
   This white paper lays out how life sciences              reduce options to the best set.
   companies can apply their expertise in data          •   Continuous learning, creating multiple
   collection and analysis to harness the potential         sequential learning opportunities.
   upsides of social media, while mitigating the
   downsides.                                           •   Well-defined endpoints.

                                                        In both cases, the adaptive process also leverages
   Adaptive Design                                      data and analytics to reduce cycle times and
   Over the past decade, increased shareholder          improve success rates in a complex operating
   pressure, global competition and complexity of       environment.




   cognizant 20-20 insights | january 2012
Social Media Usage Maturity Curve

                                                                                                                                             Converse
                                                                                                                                    Engage
                                                                                                                    Listen

                                                                                                                  Social CRM (franchise




                                    Planning and execution complexity
                                                                                                                      or enterprise)



                                                                                                          Social marketing
                                                                                                              (brand)



                                                                                                      Social marketing
                                                                                                        (corporate)


                                                                                          Social monitoring
                                                                                          (launch or mature
                                                                                               product)

                                                                           Social listening
                                                                          (pipeline product)




                                                                                                              Regulatory complexity


               Source: Google Insights for Search, http://www.google.com/insights/search
               Figure 1



              Constraints and Opportunities                                                                                  Corporate Culture
              Life sciences companies are prioritizing social                                                                Scientific and technological innovation, custom-
              media initiatives based on five key aspects of                                                                 er-centricity, operational excellence and risk
              their business.                                                                                                management affect an organization’s choice of
                                                                                                                             social media activities. Customer-focused orga-
              Product Lifecycle                                                                                              nizations may deploy listening devices through
           While large life sciences companies are managing                                                                  social media channels at the corporate level to
           mature brands with impending patent expiry, the                                                                   open a dialogue with customers (e.g., extending
           industry also has more than 3,000 potential new                                                                   their customer service departments). Commercial
                                treatments in development.3                                                                  operations experts can add social media to
   The quality of the Mature products require more                                                                           existing promotional channels to improve
information and the careful use of social media due                                                                          engagement (e.g., support existing offline and
                                                                                                                             digital promotions).
amount of customer to adverse event and off-label
                                reporting requirements. Social
      interaction is a media monitoring and analysis                                                                         Regulatory Environment
 driver of when and can be performed against                                                                                 Regulatory compliance teams are challenged to
                                                                                                                             interpret the limited set of rules that apply to social
    how life sciences a larger set of information                                                                            media to ensure compliance. The complexity of
                                and analytical objectives for
 companies engage. product positioning, physician                                                                            digital marketing, and the increasing regulatory
                                attitudes or general market                                                                  affairs workload, typically determine which social
           research, since there is less risk of capturing                                                                   media initiatives are prioritized.
           product complaints or adverse events that the
                                                                                                                             Stakeholder Needs
           analyst would need to report.
                                                                                                                             As patients, caregivers, healthcare companies
              Therapeutic Category                                                                                           and physicians increase their use of social media,
              Data velocity and social media user engagement                                                                 life sciences companies are looking for ways to
              can vary by disease state. For example, breast                                                                 participate. The quality of the information and
              cancer patients are 12 times more engaged than                                                                 the amount of customer interaction is a driver of
              diabetes patients.4 The likelihood to engage and                                                               when and how life sciences companies engage.
              the amount of data available for collection and
              analysis has implications for how social media                                                                 Execution
              can be used (too much will be difficult to process,                                                            As social media usage matures (see Figure 1), its
              too little will be inconclusive).                                                                              functions are becoming more clearly defined. For
                                                                                                                             instance, companies now have a better under-



                                                                        cognizant 20-20 insights                              2
standing of the planning and resources required        the “behavioral exhaust” to creating “stimuli”
to execute the following functions.                    for increased social interactions. Iterations on
                                                       this type of analysis are limited only by customer
•   Listening/monitoring.                              engagement and the “virality” of the content.
•   Publish/share/discuss/review.                      Social customer service is emerging as a new
                                                       standard, as customers expect faster response
•   Gaming.
                                                       times and organizations strive to reduce their
Opportunities exist to iterate within each function    costs.
while improving the organization’s ability to
                                                       The next step after “social customer service” is
execute other social media functions.
                                                       social CRM, where interactions are in the service
Applied Examples of Adaptive                           of     identified   healthcare
                                                       providers and patients. With Life sciences
Social Media
                                                       social CRM, social media companies’ core
Listening to social media in the pipeline drugs        activities     are  integrated
arena offers many opportunities to collect infor-      in customer management
                                                                                       competencies in
mation on patient needs, physician treatment           systems and supported by data collection,
habits, product positioning and competitive intelli-   dedicated resources, providing applied analytics and
gence without having to implement full regulatory      a truly complete view of the
rigor. This approach casts a wide net for analysis     customer. Solutions providers
                                                                                       insight generation
and then focuses on one specific clinical, attitudi-   are only now curating lists of are well suited to
nal, geographic or set of financial topics based on    physicians, affiliations and social media.
information processed.                                 online relationships to inform
                                                       their analysis.
On the other hand, social listening for mature
brands requires more planning and resources to         Social CRM allows customers to interact with
ensure that adverse events and off-label infor-        brands in the moment of engagement without
mation is appropriately handled. These projects        the burden of e-mail or customer service calls.
typically have narrower datasets and analytical        In turn, organizations can better understand
objectives. This approach provides baseline senti-     customer preferences and who influences those
ment and analysis for brands that are already on       preferences online.
the market.
                                                       Conclusion
After having executed social media listening
and monitoring projects, many companies have           Life sciences companies’ core competencies in
regulatory precedents to contend with. They also       data collection, applied analytics and insight
have attained some level of customer intelligence,     generation are well suited to social media.
which allows them to create bi-directional links       Furthermore, new, flexible processes such as
with customer segments (corporate or brand-            adaptive design provide frameworks that can be
level). Physician and patient communities,             applied to other business areas, as well as enable
corporate information centers and patient help         more dynamic, cost-efficient and decision-orient-
lines are typical social media implementations.        ed ways of operating. Understanding the resource
                                                       requirements and planning for the business con-
At this stage, projects are more focused on            straints for the right social media functions can
content creation to engage customers. Social           help create an accelerated path to social media
media activities can then move from analyzing          maturity.




                       cognizant 20-20 insights        3
Footnotes
1
    Jacques Bughin, Michael Chui, Angela Hung Byers, “How Social Technologies are Extending
    the Organization,” McKinsey Quarterly, November 2011 http://goo.gl/PeBe2
2
    Journal of Biopharmaceutical Statistics, Vol. 16, No. 3 (2006), 275-283
3
    Jenni Brewer, “2011’s New Medicines Fought a Wide Range of Diseases, Conditions,”
    PhRMA, Dec. 21, 2011 http://goo.gl/lcY13
4
    Melissa Davies,“Understanding the Impact of Social Media,” Return on Focus, June 2010
    http://goo.gl/TRPvn




About the Author
Alex Gochtovtt is a Principal with Cognizant’s Enterprise Analytics Practice, working within its Digital
Analytics Center of Excellence. He can be reached at Alexander.Gochtovtt@cognizant.com.




About Cognizant
Cognizant (NASDAQ: CTSH) is a leading provider of information technology, consulting, and business process out-
sourcing services, dedicated to helping the world’s leading companies build stronger businesses. Headquartered in
Teaneck, New Jersey (U.S.), Cognizant combines a passion for client satisfaction, technology innovation, deep industry
and business process expertise, and a global, collaborative workforce that embodies the future of work. With over 50
delivery centers worldwide and approximately 130,000 employees as of September 30, 2011, Cognizant is a member of
the NASDAQ-100, the S&P 500, the Forbes Global 2000, and the Fortune 500 and is ranked among the top performing
and fastest growing companies in the world. Visit us online at www.cognizant.com or follow us on Twitter: Cognizant.



                                         World Headquarters                  European Headquarters                 India Operations Headquarters
                                         500 Frank W. Burr Blvd.             1 Kingdom Street                      #5/535, Old Mahabalipuram Road
                                         Teaneck, NJ 07666 USA               Paddington Central                    Okkiyam Pettai, Thoraipakkam
                                         Phone: +1 201 801 0233              London W2 6BD                         Chennai, 600 096 India
                                         Fax: +1 201 801 0243                Phone: +44 (0) 20 7297 7600           Phone: +91 (0) 44 4209 6000
                                         Toll Free: +1 888 937 3277          Fax: +44 (0) 20 7121 0102             Fax: +91 (0) 44 4209 6060
                                         Email: inquiry@cognizant.com        Email: infouk@cognizant.com           Email: inquiryindia@cognizant.com


© Copyright 2012, Cognizant. All rights reserved. No part of this document may be reproduced, stored in a retrieval system, transmitted in any form or by any
means, electronic, mechanical, photocopying, recording, or otherwise, without the express written permission from Cognizant. The information contained herein is
subject to change without notice. All other trademarks mentioned herein are the property of their respective owners.

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Adaptive Social Media in Life Sciences

  • 1. • Cognizant 20-20 Insights Adaptive Social Media in Life Sciences Executive Summary the healthcare system have forced life sciences companies to be more nimble and innovative. An In 2011, 74% of pharmaceutical companies had example is the adaptive clinical trial process that adopted social media technologies — a higher rate has been rapidly adopted and approved by the than financial services and retail.1 While many FDA. In 2006, the Pharmaceutical Research and pundits argued that the lack of Federal Drug Manufacturers of America (PhRMA) put forth the Administration (FDA) guidance would restrict the following definition: “Adaptive design is referred use of social media channels, pharmaceutical and to as a clinical trial design that uses accumulating other life sciences companies are holding their data to decide on how to modify aspects of the own by adapting to the regulatory ambiguity to study as it continues, without undermining the meet the needs of their diverse customers and a validity and integrity of the trial.”2 mandate for rapid change. Applying the adaptive design to social media Adding to the regulatory risks of violating means that life sciences companies accumulate existing or impending FDA regulations is a rapidly data to decide on how to modify aspects of changing landscape of social media monitoring customer engagement as it continues, without and analytics solutions. There are hundreds of undermining the trust and equity in the brand or free, paid, integrated, standalone or platform organization. solutions vying for attention. The complexity of using advanced technology to collect social media What is common to the adaptive design in clinical data for insight into customer preferences and trial and in social media strategies is: behaviors seems well-suited to the data-driven approach that life sciences companies adapt to • Big data: Accumulation of large amounts of many aspects of their business models to remain data. agile and customer-centric. • Descriptive and predictive analytics to This white paper lays out how life sciences reduce options to the best set. companies can apply their expertise in data • Continuous learning, creating multiple collection and analysis to harness the potential sequential learning opportunities. upsides of social media, while mitigating the downsides. • Well-defined endpoints. In both cases, the adaptive process also leverages Adaptive Design data and analytics to reduce cycle times and Over the past decade, increased shareholder improve success rates in a complex operating pressure, global competition and complexity of environment. cognizant 20-20 insights | january 2012
  • 2. Social Media Usage Maturity Curve Converse Engage Listen Social CRM (franchise Planning and execution complexity or enterprise) Social marketing (brand) Social marketing (corporate) Social monitoring (launch or mature product) Social listening (pipeline product) Regulatory complexity Source: Google Insights for Search, http://www.google.com/insights/search Figure 1 Constraints and Opportunities Corporate Culture Life sciences companies are prioritizing social Scientific and technological innovation, custom- media initiatives based on five key aspects of er-centricity, operational excellence and risk their business. management affect an organization’s choice of social media activities. Customer-focused orga- Product Lifecycle nizations may deploy listening devices through While large life sciences companies are managing social media channels at the corporate level to mature brands with impending patent expiry, the open a dialogue with customers (e.g., extending industry also has more than 3,000 potential new their customer service departments). Commercial treatments in development.3 operations experts can add social media to The quality of the Mature products require more existing promotional channels to improve information and the careful use of social media due engagement (e.g., support existing offline and digital promotions). amount of customer to adverse event and off-label reporting requirements. Social interaction is a media monitoring and analysis Regulatory Environment driver of when and can be performed against Regulatory compliance teams are challenged to interpret the limited set of rules that apply to social how life sciences a larger set of information media to ensure compliance. The complexity of and analytical objectives for companies engage. product positioning, physician digital marketing, and the increasing regulatory attitudes or general market affairs workload, typically determine which social research, since there is less risk of capturing media initiatives are prioritized. product complaints or adverse events that the Stakeholder Needs analyst would need to report. As patients, caregivers, healthcare companies Therapeutic Category and physicians increase their use of social media, Data velocity and social media user engagement life sciences companies are looking for ways to can vary by disease state. For example, breast participate. The quality of the information and cancer patients are 12 times more engaged than the amount of customer interaction is a driver of diabetes patients.4 The likelihood to engage and when and how life sciences companies engage. the amount of data available for collection and analysis has implications for how social media Execution can be used (too much will be difficult to process, As social media usage matures (see Figure 1), its too little will be inconclusive). functions are becoming more clearly defined. For instance, companies now have a better under- cognizant 20-20 insights 2
  • 3. standing of the planning and resources required the “behavioral exhaust” to creating “stimuli” to execute the following functions. for increased social interactions. Iterations on this type of analysis are limited only by customer • Listening/monitoring. engagement and the “virality” of the content. • Publish/share/discuss/review. Social customer service is emerging as a new standard, as customers expect faster response • Gaming. times and organizations strive to reduce their Opportunities exist to iterate within each function costs. while improving the organization’s ability to The next step after “social customer service” is execute other social media functions. social CRM, where interactions are in the service Applied Examples of Adaptive of identified healthcare providers and patients. With Life sciences Social Media social CRM, social media companies’ core Listening to social media in the pipeline drugs activities are integrated arena offers many opportunities to collect infor- in customer management competencies in mation on patient needs, physician treatment systems and supported by data collection, habits, product positioning and competitive intelli- dedicated resources, providing applied analytics and gence without having to implement full regulatory a truly complete view of the rigor. This approach casts a wide net for analysis customer. Solutions providers insight generation and then focuses on one specific clinical, attitudi- are only now curating lists of are well suited to nal, geographic or set of financial topics based on physicians, affiliations and social media. information processed. online relationships to inform their analysis. On the other hand, social listening for mature brands requires more planning and resources to Social CRM allows customers to interact with ensure that adverse events and off-label infor- brands in the moment of engagement without mation is appropriately handled. These projects the burden of e-mail or customer service calls. typically have narrower datasets and analytical In turn, organizations can better understand objectives. This approach provides baseline senti- customer preferences and who influences those ment and analysis for brands that are already on preferences online. the market. Conclusion After having executed social media listening and monitoring projects, many companies have Life sciences companies’ core competencies in regulatory precedents to contend with. They also data collection, applied analytics and insight have attained some level of customer intelligence, generation are well suited to social media. which allows them to create bi-directional links Furthermore, new, flexible processes such as with customer segments (corporate or brand- adaptive design provide frameworks that can be level). Physician and patient communities, applied to other business areas, as well as enable corporate information centers and patient help more dynamic, cost-efficient and decision-orient- lines are typical social media implementations. ed ways of operating. Understanding the resource requirements and planning for the business con- At this stage, projects are more focused on straints for the right social media functions can content creation to engage customers. Social help create an accelerated path to social media media activities can then move from analyzing maturity. cognizant 20-20 insights 3
  • 4. Footnotes 1 Jacques Bughin, Michael Chui, Angela Hung Byers, “How Social Technologies are Extending the Organization,” McKinsey Quarterly, November 2011 http://goo.gl/PeBe2 2 Journal of Biopharmaceutical Statistics, Vol. 16, No. 3 (2006), 275-283 3 Jenni Brewer, “2011’s New Medicines Fought a Wide Range of Diseases, Conditions,” PhRMA, Dec. 21, 2011 http://goo.gl/lcY13 4 Melissa Davies,“Understanding the Impact of Social Media,” Return on Focus, June 2010 http://goo.gl/TRPvn About the Author Alex Gochtovtt is a Principal with Cognizant’s Enterprise Analytics Practice, working within its Digital Analytics Center of Excellence. He can be reached at Alexander.Gochtovtt@cognizant.com. About Cognizant Cognizant (NASDAQ: CTSH) is a leading provider of information technology, consulting, and business process out- sourcing services, dedicated to helping the world’s leading companies build stronger businesses. Headquartered in Teaneck, New Jersey (U.S.), Cognizant combines a passion for client satisfaction, technology innovation, deep industry and business process expertise, and a global, collaborative workforce that embodies the future of work. With over 50 delivery centers worldwide and approximately 130,000 employees as of September 30, 2011, Cognizant is a member of the NASDAQ-100, the S&P 500, the Forbes Global 2000, and the Fortune 500 and is ranked among the top performing and fastest growing companies in the world. Visit us online at www.cognizant.com or follow us on Twitter: Cognizant. World Headquarters European Headquarters India Operations Headquarters 500 Frank W. Burr Blvd. 1 Kingdom Street #5/535, Old Mahabalipuram Road Teaneck, NJ 07666 USA Paddington Central Okkiyam Pettai, Thoraipakkam Phone: +1 201 801 0233 London W2 6BD Chennai, 600 096 India Fax: +1 201 801 0243 Phone: +44 (0) 20 7297 7600 Phone: +91 (0) 44 4209 6000 Toll Free: +1 888 937 3277 Fax: +44 (0) 20 7121 0102 Fax: +91 (0) 44 4209 6060 Email: inquiry@cognizant.com Email: infouk@cognizant.com Email: inquiryindia@cognizant.com © Copyright 2012, Cognizant. All rights reserved. No part of this document may be reproduced, stored in a retrieval system, transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the express written permission from Cognizant. The information contained herein is subject to change without notice. All other trademarks mentioned herein are the property of their respective owners.