Biotech Charting Application
Get insight into the Biotech industry with powerful data visualization charts
Spot Patterns and Comprehend Biotech Industry Trends.
The Industry Trend Analysis Challenge
Investors in public biotech and biopharma companies often find it challenging to determine whether a company has a good chance of creating real value.
Medical innovations can result in significant investment gains but being the first to develop the brand-new technology also comes with a high risk. Investors need to understand what is happening to biotech companies in discovery, clinical trials, and commercialization phases to make smart decisions. The main challenge lies in finding platforms that provide accurate, comprehensive, and up-to-date data about the industry. That’s where custom healthcare software development comes in handy.
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 available for the biotech and biopharma industries. In addition, the Scopic’s vision consisted of effectively visualizing these patterns through dynamic charts and granting visitors free access to this crucial biotech data.
The Scopic Solution
Scopic worked on building the Biotech Charting 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