Biopharma Investing Application
Leveraging data analysis expertise into making smart investment decisions
Spot Patterns and Comprehend Data Trends.
The Industry Trend Analysis Challenge
Having an idea of what may happen in the future is an essential factor for current decision-making processes in every industry. That is when trend analysis gains special attention. If your establishment requires a form of comparative analysis or a clearer view of the big picture, then you’ll be asking questions such as:
- Is the performance of a certain metric upgrading or falling over a specific period of time?
- Are sales increasing or declining?
- Is the average value strengthening or deteriorating?
- Which is the most effective investment I have made in terms of goal conversions and revenue?
A team adept at collecting data and implementing the customized analysis is required.
Behind the App
Scopic sought to upgrade the level of analysis available for biopharma investors and have an interactive way to display investment trends. The idea was to implement a system which would allow filtering the information based on:
In order to achieve maximum efficiency, the analysis was made to be based on historical data and metadata. In addition, the Scopic’s vision consisted of effectively spotting patterns through different types of charts.
The Scopic Solution
Scopic worked on building the Biopharma Investing Application from scratch. After analyzing and comprehending the market’s requirements, our team focused on database creation and chart implementation. A team of analysts worked on the data side and achieved the collection and saving of all revenues and medical metadata into a database. Our front-end experts curated all the chart views and ensured the ability to filter all the data properly. Further helpful features of the platform include:
Search brands by company, brand name, category, sub-category, class
Combine different filters to get the desired results
Display the trends of selected brands in chart view
View competitors by class/sub-category
Analyze the brand details
Ability to save and load saved charts