2019 Strategic Marketing of LPBI Group’s Intellectual Property: Strength & Markets
Based on Team Focus Group Skype Meeting on 11/30/2018
Rick Mandahl, Business Development
What does LBPI do that is game changing? I believe this is the most important question. All other questions help us get to this answer or illustrate the work that still lies ahead.
Aviva:
A. We curate contents in our FIVE DOMAINS of expertise in Scientific Media:
- Pharmaceutical: Biologics, Small Molecules, Diagnostics
- Life Sciences: Genomics and Cancer Biology
- Patient-centered Medicine: Focus on #1: Cardiovascular, #2: Cancer, #3: Physiology: Metabolomics, Immunology
- Biomedicine, BioTech, and MedTech (Medical Devices)
- HealthCare: Patient-centered Medicine and Personalized/Precision Medicine
https://pharmaceuticalintelligence.com/
B. We published a BioMed e-Series in FIVE specialties of Medicine:
C. We developed a methodology to generate eProceedings of Medical and life Sciences Conferences in Real Time
Part Two: List of BioTech Conferences 2013 to Present
Marc Feldman:
The kind of curation that LPBI does is very rare and of broader use to professionals than pure tech lit. The “template” can be emulated across many fields
Stephen J. Williams:
The field of biomedical information has exploded in recent years, adding to problems related to informational overload, information loss, and informational bias. Through leveraging our developed methodology in co-curation, and technologic advances in social media, LPBI is reducing and eliminating this informational bias and offering a “new architecture for knowledge” and driving open innovation (see https://pharmaceuticalintelligence.com/2014/07/17/scientific-curation-fostering-expert-networks-and-open-innovation-lessons-from-clive-thompson-and-others/) which exceeds the level of the review or information collection (classifying data according to personal interest, personal insight) to the value driven by our curative process (curating information with critical thinking adding value to learner, multiple parties, added value to current knowledge base).
Indeed there are multiple specific examples located in our offerings, in which new information has been generated through our curative process
including leading to go/no go business decisions (to be discussed in meeting), resulting in curation an essential practice to manage open science and this new style of research.
In addition, the ability to rapidly disseminate scientific and medical information, as developed by our e-conference proceeding (see Dr. Lev Ari’s comment) and our site is of significant value as evidenced by our statistics and unique ability for analyses stemming from our curation methodology
Irina:
Being able to search through curation and articles, allow easy access to information
Rick Mandahl:
How can LPBI support the move from fee for service to value based medicine. This is a topic across all of healthcare, and certainly of rising prominence with pharma.
Aviva:
By defining the boundaries of our domain of expertise to be I,II,III,IV,V, above we have declare the domains of knowledge we CREATE and CURATE contents to assist Providers to provide Value-based care. The adandonment of Fee for Service is a policy matter in the hands of American Medical Association who will ultimately, decided on One Payer System in its negotiations with the Health Insurance payors.
Marc:
Increasing the general knowledge of physicians and HC professionals can contribute eventually to cost reductions in terms of referrals. But this issue is more one of politics than science awareness
Stephen J. Williams:
As it currently stands there is no ‘direct’ ability for this platform to disrupt fee for service but as a source of curated information and the ability to expand clinical and scientific networks of experts this platform has much indirect value added to assist in the decision making process, not just by end clinicians but along the payer chain of decision makers.
Irina:
Act like an encyclopedia of updated information for physicians and health care professionals
Rick Mandahl:
HOW can LPBI content support the ongoing expansion of precision medicine methods?
LBPI content and methods should support the advance of precision medicine across every front that we address — but articulating the “HOW” from respected authorities (you) is an important step. We will circle back with Goldman Report at a later date.
Aviva:
Series B: Frontiers in Genomics Research
- Volume One: Genomics Orientations for Personalized Medicine
- Volume Two: Latest in Genomics Methodologies for Therapeutics: Gene Editing, NGS & BioInformatics, Simulations and the Genome Ontology
Series E: Patient-Centered Medicine
- Volume One: The VOICES of Patients, Hospitals CEOs, Health Care Providers, Caregivers and Families: Personal Experience with Critical Care and Invasive Medical Procedures
- Volume Two: Medical Scientific Discoveries for the 21st Century & Interviews with Scientific Leaders
- Volume Three: Milestones in Physiology & Discoveries in Medicine and Genomics
- Volume Four: Medical 3D BioPrinting – The Revolution in Medicine
Marc:
In principle, the expansion of PM should be science based, and awareness of the science together with appropriate discussion of its clinical and translational value is important
Stephen J. Williams:
We have curated two series of e-books, Series B and Series E which are directly related to personalized medicine. These Two Series are constantly updated. As personalized medicine inherently heavily relies on constantly updated information, as well as analyses of the current and past literature, our platform, especially with regards to these two series and our e-conference coverage of the most influential international meetings on personalized medicine, supplies this branch of medicine with the most updated and most relevant insights into the topic, with the value added of including the vast network of experts in the field.
Rick Mandahl:
To what extent have Artificial Intelligence and Machine Learning techniques been applied or are envisioned as LBPI progresses?
Aviva:
Series B: Frontiers in Genomics Research
2019 – FORTHCOMING
Categories of Research in the Journal:
– Genome Biology Category = 641 articles
– Computational Biology/Bioinformatics = 441 articles
– AI =15 articles
Marc:
Ai methods are making some inroads into EHRs but this is in its infancy, and the same is triu on the use of genomics for chronic diseases
Stephen J. Williams:
Other than the planned upcoming ebooks and extensive conference coverage on the topic we do not have a plan for actively integrating a machine learning algorithm on our platform, however it is possible.
Irina:
AI methods would allow scientists to use LPBI as a search module for up to date information.
Rick Mandahl:
Scalability. Do we know of any limits to the number of users who can simultaneously access LBPI website? Have simulations or load tests been performed?
Aviva:
- Bandwidth is Optimized by Hosting Vendor
SOE is done by WordPress.com
Stephen J. Williams
As of this point we have had a maximum of 3,000 unique users in a day but can not attest to how many individual users could access the site at one time. Please refer to Dr. Lev Ari for bandwidth and load test issues
Rick Mandahl
How do LPBI methods and content contribute to achieving “accurate diagnosis”? Is LBPI content robust enough to provide decision support in rendering a diagnosis? Illustrations, examples, anecdotes, testimonials will be important.
For more background on Dr. Li:
Aviva:
Series A: e-Books on Cardiovascular Diseases –
Six volumes on diseases diagnosis and treatments
- Cardiovascular Diseases, Volume One: Perspectives on Nitric Oxide in Disease Mechanisms
- Volume Two: Cardiovascular Original Research: Cases in Methodology Design for Content Co-Curation
- Volume Three: Etiologies of Cardiovascular Diseases – Epigenetics, Genetics and Genomics
- Volume Four: Therapeutic Promise: Cardiovascular Diseases, Regenerative & Translational Medicine
- Volume Five: Pharmacological Agents in Treatment of Cardiovascular Diseases
- Volume Six: Interventional Cardiology and Cardiac Surgery for Disease Diagnosis and Guidance of Treatment
Marc:
Insofar as more general knowledge is helpful in diagnostics, LPBI makes that knowledge more accessible. It also gives an interpretable sense of what the specialists know and regard as important for diagnosis.
Stephen J. Williams:
In my view, LPBI was never meant to provide for a clinical diagnosis, but could offer informational support in this regards.
Irina:
LPBI makes information accessible as a form of Wikipedia
Rick Mandahl:
For many years the issue of “research productivity” has been an issue in pharma. How does, or how might LBPI methods and content contribute to improved research productivity? IIlustrations, examples, anecdotes, testimonials would be helpful
Aviva:
The contents of LPBI Group’s Journal (5,400 scientific articles, e-Readers 1.5 million),
Journal Ontology (640 Categories of Research) – organize the domain knowledge I,II,III,IV,V, above, BioMed e-Series 16 volume, Each volume consists of ~100 artcles
electronic Table of Contents of contribute to research productivity in the subject matter of each e-book
Marc:
Research productivity is improved through saving time by reading LPBI’s curations and thence deciding what literature is important to follow up.
Stephen J. Williams:
The power and support of this curation methodology may be summed up in the following posts (https://pharmaceuticalintelligence.com/2018/04/10/electronic-scientific-agora-comment-exchanges-by-global-scientists-on-articles-published-in-the-open-access-journal-pharmaceuticalintelligence-com-four-case-studies/
and in our Praising LBPI tab at https://pharmaceuticalintelligence.com/praising-lpbi/. In addition curations of comments on specific article curations include
where our curations had led to very involved discussions with worldwide leaders in the respective fields. In addition, several ideas for startups have been spring-boarded by this curative process (will be discussed in meeting).
The issue of research productivity has been of great concern, and one area that has hampered productivity is the validation of past results and literature findings. This has been at the forefront of my mind during the development of this curative process. In this regard I have initiated this conversation that curation methodology as the faster, more efficient process to validate past and current results
and in
in which I take a finding from years ago to determine how past research aligns with current findings and in particular, if questions which eliminate from past research is methodically answered in future research using unbiased literature analysis. This is an area of ongoing personal research and a basis for future curations.
Irina:
LPBI curations allows scientists to get preliminary information prior to searching in databases like Pubmed
Gail Thornton, Marketing Communications
What is the overall strategic goal of LPBI?
Aviva:
- Publish in 2018, CVD, Volume 5 & 6
- Publish in 2019, Genomics Volume 2 on NGS
- Prospect for potential acquirer of the Intellectual Property of LPBI Group – orchestrate a successful EXIT in 12/2019.
- Successfully transfer ownership of the IP, including training of new teams
- Get Contracts with Acquirer for all Team member interested to continue the work with the new Owner
- Attain a fair market value for three assets:
– 5400 Articles – 2500 Journal Subscribers, Journal Ontology, Tags, Scientific Comments
– 16 Volumes of e-Books on Amazon.com
– Archive of +60 Conferences eProceedings
- Distribute all proceeds to parties involved in
– Managing the transaction and transfer of IP Ownership
– all content CREATORS: Experts, Authors, Writers (EAW)s and e-Book Editors based on the “proportional FORMULA” applied to all articles selected for inclusion in e-Books
– consider expenses to produce and promote the e-Books: Format Conversion Agreements as expenses and Cover Page Flyers production
– consider all Royalties paid by Amazon.com
– consider all Income Taxes paid on Royalties deposited by Amazon.com into LPBI Group bank account
- Consider launch a SoundCloud – Audio Series on Interviews with Distinguished MDs
- Consider Special Volumes per Customer Order
Marc:
There are two meanings to strategy: 1. Ownership transfer. 2. Making the best possible curations and books that can maximally benefit HC professionals.
Stephen J. Williams:
I am going to refer to Dr. Lev Ari’s answers on this topic. Our initial goal had been to create a platform to disseminate scientific and medical information in web based and e-book formats. This was achieved by producing a network of experts in various disciplines who contribute to the site/series volume as writers, authors, and editors, with added input from the scientific/medical community through a social-media based platform. A discussed exit strategy has involved sale of ebooks on Amazon targeted to professionals and professional organizations or sale of the platform to an outside party.
Irina:
To transfer the information and make it accessible to scientists.
Gail:
What are your organization’s strengths?
1. Key Opinion Leadership by Team members
https://pharmaceuticalintelligence.com/contributors-biographies/
2. Leadership of Director and Founder: Aviva Lev-Ari, PhD, RN
https://pharmaceuticalintelligence.com/founder/
– 7,000 BioTech Connections on LinkedIn
– https://www.linkedin.com/in/avivalevari/
– Endorsements on LinkedIn – Click to see Names
Industry Knowledge
See 190 endorsements for Data Analysis99+
See 162 endorsements for Medical Devices99+
3. Start-ups
See 131 endorsements for Start-ups99+
See 127 endorsements for Clinical Research99+
See 110 endorsements for Clinical Trials99+
6. Analytics
See 100 endorsements for Analytics99+
See 97 endorsements for Product Management97
8. Healthcare
See 89 endorsements for Healthcare89
3. Leadership of Content Consultant for e-Series A, B,C,D,E and Co-Editors of 16 volumes
https://pharmaceuticalintelligence.com/contributors-biographies/senior-editors/
4. DOMAIN EXPERTISE of PhDs, MDs, MD/PhDs, PharmD
https://pharmaceuticalintelligence.com/contributors-biographies/
5. Members of the Board, Scientific reputation
https://pharmaceuticalintelligence.com/contributors-biographies/members-of-the-board/
6. 2012 – 2017 represented record productivity in generation od Scientific Curations: +5,000 articles and e-Book publishing of THIRTEEN e-Books, some +2,000 pages
7. Top Posts for all days ending 2018-11-21 (Summarized)
Home page by Views: 584,551
#1 article by Views: 16,606
#2 article by Views: 12,992
#3 article by Views: 11,329
#4 article by Views: 11,246
#5 article by Views: 6,845
Top Authors for all days ending 2018-11-21 (Summarized)
Author & Views |
|
|
2012pharmaceutical – 386,608 Views | ||
larryhbern – 283,434 Views | ||
tildabarliya – 58,283 Views | ||
Stephen J. WIlliams – 51,060 Views | ||
Dror Nir – 30,674 Views |
Marc:
The team of experts who can do first rate curation in many subfields of medicine.
Stephen J. Williams:
- Our team of dedicated experts, authors and editors
- strong communication between the members
- The rapid and enthusiastic response from the scientific/medical community on the quality of our work as evidenced by the commentary and reviews and site statistics.
Irina:
The diverse team of scientists and physicians that write curations and report on new scientific data
Gail:
What makes LPBI unique and different from other similar organizations/businesses?
Aviva:
Innovations in the following domains:
- Multi-Authoring Platform on WordPress.com – all websites are one person’s blog
- Curation Methodology combats: Explosion of knowledge in the Life Sciences and Medicine
- Clinical Interpretation of basic research findings published in top peer reviewed Journals
- Usage of Journal Ontology to create electronic Table of Contents (eTOCs) for e-Books
- Constant Updates of Journal’s articles combats: Information Obsolescence
- Conferences covered in real time stimulate new subjects for articles in the Journal
- Journal, Books, Conferences – Three INTERCONNECTED businesses
- AGORA – Electronic Scientific AGORA: Comment Exchanges by Global Scientists on Articles published in the Open Access Journal @pharmaceuticalintelligence.com – Four Case Studies
Marc:
The templates and quality of the curation, together with continual updating
Stephen J. Williams:
We offer analysis from experts within the field not just reporting as some sites do. In addition, due to our methodology of curation this knowledge base we create is constantly updated with new analysis.
Our unique ontology makes search seamless as well as contributes to our SEO strategy, unlike keyword strategies other sites use.
Our conference coverage uses multiple social platforms to increase awareness and distribution of material and in particular integrates posts and additional information other than just small snippets of coverage
Irina:
Continual updating of the information by the members and the easily accessible template.
Gail:
How has the role of the patient — and physician — changed over the past five years — and what has been your role in uniting them through your work with LPBI?
Aviva:
Series E: Patient-Centered Medicine – Was Launched in 2012 before the term was coined !!!!!!!!!
Patient and physicians relationships are discussed in each volume:’
- Volume One: The VOICES of Patients, Hospitals CEOs, Health Care Providers, Caregivers and Families: Personal Experience with Critical Care and Invasive Medical Procedures
- Volume Two: Medical Scientific Discoveries for the 21st Century & Interviews with Scientific Leaders
- Volume Three: Milestones in Physiology & Discoveries in Medicine and Genomics
- Volume Four: Medical 3D BioPrinting – The Revolution in Medicine
Marc:
Patients have different expectations and in many cases more knowledge today as medicine becomes more media savvy and media oriented. People are demanding more of physicians but medicine in general needs a different set of communication tools to keep up with this demand.
Stephen J. Williams:
This can be seen in our e-book series E on patient centered medicine. In addition there has been lively discussions through our site.
Irina:
Patients can have an idea how to communicate with physicians and also be familiar with what other people go through.
Gail:
Why are you looking for an exit strategy?
Aviva:
- CSO is on indefinite medical leave
- All Goals attained had exceeded expectations – obligation to compensate all contributors to the Venture
- Wish to venture into writing in different STYLE: Biographies of Scientists and an autobiography of myself
Marc and Irina:
It is about time
Stephen J. Williams:
I feel an exit is a natural strategy at this point. To grow LPBI would require, at this point, much capital.
Amnon Danzig, Strategy
What are the “pains” at the eco-system that LPBI Group will cure?
Aviva:
-
Information Explosion
-
Information Obsolescence
Marc:
Keeping up with the literature as the number of journals increases, but the quality of research becomes more variable. Sorting the wheat from the chaff.
Stephen J. Williams:
- informational overload
- informational bias
- information validation
- scientific communication “breaking down the silos” (please see my post on breaking down silos)
Irina:
Sorting out what its there but also keeping updated the information that has been curated and reported on.
Amnon:
What are strategic challenges for LPBI Group?
Aviva:
- IF full employment THEN hard to get Scientists to write on a volunteer basis
- Training new EAWs
Marc:
- Before exit, keeping high quality professionals interested and involved.
- After exit, the acquirer will need professional editors and HC professionals to work hand-in-hand
Stephen J. Williams:
I agree that keeping a volunteer ‘staff’ is very hard and as most of the work is time consuming, it is very difficult to maintain the quantity of material as we had done in the past. (compare site stats now versus 2012)
Irina:
To find new people who are willing to volunteer their time to write
Amnon:
What represent the “perfect” acquirer in terms of:
- Platforms
- Capacity
- Distinguish capabilities
Aviva:
- – Content syndicators like e-Scientific Publishers
- – Clarivate Analytics – Reuters
- – KKR – Internet Brands under one roof
- – big Pharma
- – Medical Associations of Countries as Japan, Brazil, European Countries
Marc:
I speculate that Indian or Chinese organizations that have upwardly mobile clientele and expanding needs in high quality HC delivery might be interested in publishing the kind of material that charactertizes LPBI’ output
Stephen J. Williams:
- Google Verily
- Informatics company
Irina:
Countries with non accessible scientific information
Amnon:
What is the ultimate business model for the acquirers?
Aviva:
– Sell Service based on our Contents
https://clarivate.com/blog/tag/thomson-reuters/
Marc:
Almost like a magazine for all HC professionals that makes the latest medical and related scientific advances digestible and palatable.
Stephen J. Williams:
- -Analytics of e-readers
- -informatics for decision makers (healthcare, payers, pharma M&A strategists)
PARTIES OF POTENTIAL INTEREST IN LPBI GROUP’S IP
Aviva:
- Reuters’ Clarivate Analytics
- KKR
- Google Life Sciences, Verily
- Medpace
Medpace is a scientifically-driven, global, full-service clinical contract research organization (CRO) providing Phase I-IV clinical development services to the biotechnology, pharmaceutical and medical device industries. Medpace’s mission is to accelerate the global development of safe and effective medical therapeutics through its high-science and disciplined operating approach that leverages local regulatory and deep therapeutic expertise across all major areas including oncology, cardiology, metabolic disease, endocrinology, central nervous system and anti-viral and anti-infective. Headquartered in Cincinnati, Ohio, Medpace employs approximately 2,500 people across 35 countries
Stephen J. Williams:
- Medscape
- Clarivate
- Google Life Sciences
- Life science consulting firms
Amnon’s List:
- Medscape
Part of Internet Brands (www.internetbrands.com)
Owned by KKR and Temasek
Better website: user-friendly and intuitive.
Medscape Strategic Potential Perspectives:
- Good fit:
- Do not own this type of activities.
- Can gain more focused means.
- Network effect?
- The same technologies can be spread to their other businesses.
LPBI Group perspectives:
- Much larger audience – the same distinctive capabilities can serve more segments.
- Do not need to prove profitable business model
- Can carry LPBI Group with more resources.
Potential Customers:
- 676,000 active US Physicians
- 2,000,000 active US HCP’s (non-Physicians)
POC
Rejean Rochette
Senior Vice President, Medscape Education
Jeremy Schneider
Senior Vice President, Corporate Development and Global Strategy
Useful Links:
https://www.medscape.com/public/about
https://www.webmd.com/corporate/services-professional
https://www.webmd.com/corporate/press-center-fact-sheet#1
https://www.internetbrands.com/our-brands/health/
UptoDate
Notes:
- Strategically, much more closer than Medscape. Similar.
- Cover global audience.
- Better website: user-friendly and intuitive
- Looks like head-to-head competition
- Question:
- What is LPBI Group competitive advantages?
- Other words: what LPBI Group can contributes to UptoDate in terms of business wise?
- Network effect?
Useful Links:
https://www.uptodate.com/home/about-us
https://www.uptodate.com/home/editorial
https://www.uptodate.com/home/specialties
https://www.uptodate.com/home/physician-authors-and-editors
https://www.uptodate.com/home/journals-reviewed-uptodate
https://www.uptodate.com/home/product
https://www.uptodate.com/home/research
Elsevier
Notes:
- Looks like good candidate to talk with:
Wide scope, diverse subjects.
- I didn’t see any solution similar to LPBI Group.
- Network effect?
POC:
- Lee Rivas
President Health
- Dominic Feltham
President Research
- Alexander van Boetzelaer
Executive Vice President, Strategy
Useful Links:
https://www.elsevier.com/about/this-is-elsevier#digital
https://www.elsevier.com/about/management
https://www.elsevier.com/solutions/clinicalkey
https://www.elsevier.com/solutions/scopus
https://www.elsevier.com/promo/scopus/igniting-innovation
https://www.elsevier.com/rd-solutions
https://www.elsevier.com/education
https://www.elsevier.com/research-intelligence