Tracking Clinical Trials with AI

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AI Case Study

Initial Problem

Some of our analysts who were covering large, active indications were spending an hour or more per day performing searches on clinicaltrials.gov searching through hundreds of records to try to find relevant updates. They had to click on several links to get to a comparison page to see what changed in each trial record. Most of the time they found out that the change was administrative, with just changes in the filing dates or minor changes in trial locations.

Large indications can produce 100s of results per day
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inThought Labs Solution

The inThought Labs AI team automated the searches on clinicaltrials.gov, and then used machine learning to examine each change and send the analyst a daily curated list of trials. The list is ranked according to the the importance of the change, with a link directly to the comparison page for their review. Analysts give feedback on the ranking so that the model becomes better at ranking each week.

Feedback to the AI improves ranking
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End Result

Analysts can now quickly review relevant trials and ignore administrative changes, cutting their search and review time by up to 75% and allowing them to focus more on the impact of the changes vs. tedious searching.

Up to 75% less time searching
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AI Road Map

Future Plans

inThought Labs is now working to leverage LLMs and incorporate Generative AI to create easy to read summaries of the trial changes and highlight key changes.

We invite our partners to collaborate with us to develop new AI based solutions that reduce the tedious.
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We invite our partners to collaborate with us to develop new AI based solutions that reduce the tedious.  Our AI experts understand the regulations and confidentiality concerns of the pharmaceutical / biotech industries.

Have a specific need or tedious task you want eliminated?​

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Learn how inThought Labs can simplify your life and empower your team with expert consultants and our cloud-based system, inVision.

Chris Martin

President

As the president of inThought Labs, Chris is focused on constantly improving inVision, the leading competitive and market intelligence platform for the biopharmaceutical industry, to better meet the changing needs of clients.

 

With 20 years of experience in roles being a consumer of market and competitive information, Chris understands the needs and priorities of clients. Chris was a senior principal and co-founder of inThought, a life science consulting, market research, and analytics firm. Collaborating with Ben Weintraub, Chris also co-founded BiotechTracker, an online tool for investors and precursor to inVision. Previous to inThought, he was a healthcare analyst and co-portfolio manager at two investment firms. Chris served in health care policy roles at the White House Office of Management and Budget. These roles included Medicare Desk Officer at the Office of Information and Regulatory Affairs, where he was responsible for providing recommendations to senior White House policy officials on healthcare policies and regulations.

 

Chris has a Master in Business Administration from Harvard Business School, a Master in Engineering from Villanova University, and a Bachelor of Science in Engineering from Cornell University. Prior to attending Harvard Business School, Chris served on two U.S. Navy nuclear submarines and at the Pentagon.