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Big Data in Czech Pharma: At the Vanguard of a Revolution

Novartis Czech Republic's Heidrun Irschik explains the potentially game-changing ramifications of Big Data on the Czech pharmaceutical and healthcare industries.

Big data: a technological phenomenon with potential commensurate to the complexity of the industry it is used in. The pharmaceutical industry in particular is at the “vanguard of revolution on how to conduct business” exclaims Heidrun Irschik, CEO and CPO of Novartis Czech Republic, “the opportunities offered by big data are present and we need to tap into this immense potential.” The accumulation of data as a side effect of technological development is seemingly yet to be fully exploited within the pharmaceutical industry; not only for the benefit of individual business but, according to Irschik, with the potential to “greatly benefit patients” which she identifies as “the goal that unifies all stakeholders of the pharmaceutical industry.”

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