The Novartis Biome is a global network of innovation hubs aimed at strengthening the connection and interaction between Novartis and partners from across the digital

▴ Novartis Biome
The Novartis Biome is a global network of innovation hubs aimed at strengthening the connection and interaction between Novartis and partners from across the digital ecosystem, from nimble startups and academia to the biggest players in the industry.

A digital health revolution is underway. Technologies ranging from wearable sensors that gather physiological data to algorithms that predict who will develop a disease are rapidly emerging. Many of these technologies – arising from a growing ecosystem of digital innovators, investors and other future-focused entrepreneurs – could change the way that pharmaceutical companies discover, develop and distribute medicines, making it possible to deliver therapies to people faster and at a lower cost.

But promising digital inventions often fail to impact human health due to a gap in the ecosystem. Nascent technologies are not typically supported and shaped by the companies that can ultimately harness them. Enter the Novartis Biome, a digital innovation lab and series of open innovation initiatives.

“The idea is to give the health tech ecosystem a boost and clear ‘on-ramp’ to work with Novartis,” says Robin Roberts, Head of Innovation and Strategy of the Novartis Biome and one of its co-founders. “It’s clear to anyone who works in digital health that the vast majority of disruptive technologies are not going to come from big pharma companies. But we can engage and work with startups and innovators, and together make something bold, sustainable and scalable.”


The Novartis Biome connects with external innovators in multiple ways, including issuing challenges through an initiative called the HealthX World Series, proactively scouting for technology, and tapping a large network for referrals. Program teams work with Novartis mentors who have identified a potential application for their technology at the company. Together, they may design and execute a validation study to test the concept. Novartis has the option to invest in the technology after evaluating the results.

The Novartis Biome offers the state-of-the-art workspace, mentorship and resources that startups have come to expect at incubators. But it also brings an important twist for digital health innovators: They have the opportunity to use vast Novartis datasets in validation studies that they can run in real clinical settings to further shape and design their proof-of-concept study. A 12-month curriculum tailored to the innovator’s growth needs is also offered to participating companies to help advance their ideas and solutions.

“Another big differentiator is that we don’t require entrepreneurs to give us an ownership stake in their company to participate,” says Mohanad Fors, Head of the Novartis Biome and co-founder.

The Novartis Biome promises to accelerate the digital evolution of Novartis and to advance health tech overall. While the company’s technologists have made progress in open collaborations with digital startups and innovators, these alliances have been made sporadically. The Novartis Biome aims to scale up and coordinate efforts to harness some of the best brains in digital from inside and outside Novartis, complementing and enhancing the progress made by data scientists and health innovators.

Tags : #novartis #bime #digitalpresence #digitalecosystem

About the Author


Team Medicircle

Related Stories

Loading Please wait...

-Advertisements-




Trending Now

10 PCOS Warning Signs That Need Your AttentionDecember 27, 2024
Experts Dub 2024 as the Year of Technologies and Innovations in Healthcare; Stress on further Integration of Technologies December 27, 2024
Aakash Healthcare Partners with Japan for Groundbreaking Surgical Intervention: A Global Collaboration to Revolutionize Cardiovascular CareDecember 26, 2024
Traditional Medicine Goes Global: How Ayush 2024 Reimagined WellnessDecember 26, 2024
Aster Guardians Global Nursing Award 2025 worth INR 2 Crore now open for nominations worldwide December 26, 2024
Holiday Season Round the Corner? 6 Daily Habits That Could Be The Reason Behind Your Fatty LiverDecember 26, 2024
Healing the Nation: Doctors as Architects of a Healthier FutureDecember 26, 2024
Brewing Health Benefits: Can Coffee and Tea Help Fight Head and Neck Cancers?December 26, 2024
Seven-Year-Old Fights Back Against Rare Autoimmune DiseaseDecember 26, 2024
Olympus Named to Dow Jones Sustainability World Index for the Fourth Consecutive YearDecember 26, 2024
American Oncology Institute (AOI) in Nagpur Restores Mobility with KyphoplastyDecember 26, 2024
Sanjeevani Healthcare & Wellness Expo 2024: A Dynamic Platform for Global Healthcare CollaborationDecember 23, 2024
Ranitidine: Saviour or Suspect? The Truth Behind the Stomach Acid RemedyDecember 23, 2024
From One-Size-Fits-All to Precision Medicine: The New Hope for Rare Bone Cancer PatientsDecember 23, 2024
World Meditation Day: India’s Gift of Peace to a Chaotic WorldDecember 23, 2024
Breaking New Ground in Migraine Care: A Landmark Session on Diagnosis and TreatmentDecember 23, 2024
Black Angels remind us of centuries of injustices plaguing the TB responseDecember 20, 2024
Healthcare Startups to Watch Out for in 2025December 20, 2024
Biobank Blueprint: Redefining Diabetes Diagnosis and Treatment in IndiaDecember 20, 2024
The Future of Malaria Prevention: Can This Vaccine Eliminate the Disease?December 20, 2024