life sciences companies and their social media usage

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© 2012 WIPRO LTD | WWW.WIPRO.COM 1 Life Sciences & Social Media Impact of FDA Guidance

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In today's social media boom, the Life Sciences industry has remained cautious in its social endeavors, owing to lack of clarity on guidelines, especially wrt adverse event reporting. In the view of the latest FDA guidelines, this white paper aims to shed light on the realities of Adverse Event Reporting in social media.

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Page 1: Life Sciences companies and their Social Media usage

© 2012 WIPRO LTD | WWW.WIPRO.COM 1

Life Sciences & Social

Media

Impact of FDA Guidance

Page 2: Life Sciences companies and their Social Media usage

© 2012 WIPRO LTD | WWW.WIPRO.COM 2

Why Life Sciences

Companies Should

Engage on Social Media

HIGHLIGHTS

In today's social media boom, the Life

Sciences industry has remained cautious

in its social endeavors, owing to lack of

clarity on guidelines, especially wrt

adverse event reporting.

In the view of the latest FDA guidelines, this white

paper aims to shed light on the realities of Adverse

Event Reporting in social media.

Page 3: Life Sciences companies and their Social Media usage

© 2012 WIPRO LTD | WWW.WIPRO.COM 3

Shying Away from Social Media

Why are Life Sciences companies shying away from Social Media?

Considering the nature of social media Life Sciences companies are concerned about consumer discussions that would indicate an adverse experience.

What do the FDA guidelines say?

According to guidelines, when a Life Sciences company has knowledge of any adverse event , it has an obligation to file a report with the FDA through the Form 3500A-Mandatory Reporting.

What is an adverse event?

An adverse event (AE) is defined as any unfavorable and unintended sign including abnormal laboratory finding, symptom or disease associated with the use of a medical treatment or

procedure, regardless of whether it is considered related to the medical treatment or procedure.

Page 4: Life Sciences companies and their Social Media usage

© 2012 WIPRO LTD | WWW.WIPRO.COM 4

Key Findings of Wipro's Social Listening

Wipro used its Social Media Monitoring Platform to conduct an analysis of

2100 messages related to Pharma and Medical Device products posted

online across various internet forums.

The research revealed that for all posts containing mentions of the 13 brands

considered for this study:

Only 3% of all posts have mention of an Adverse Reaction

Only 0.38% messages actually qualify for an Adverse Event Reporting

The incidence of Adverse Events is almost same for Pharma Drugs and

Medical Devices

The messages with mention of Adverse Events are considerably less for

Medical Devices as compared to Pharma Drugs

Page 5: Life Sciences companies and their Social Media usage

© 2012 WIPRO LTD | WWW.WIPRO.COM 5

FDA Guidance on AE Reporting

Are Life Sciences companies that are monitoring social media obligated to respond to any

unsolicited requests on consumer-generated media?

The FDA guidance does provide some insight into FDA’s stance on Social Media.

A Life Sciences company that aggressively monitors social media may pick up the

occasional AE within patient or physician online discussion.

However an instance qualifying for Adverse Event Reporting would be

encountered very rarely, with a volume that would be entirely manageable

within the company‘s broader AE monitoring programs.

The company has the choice to respond to unsolicited requests or not

If the company chooses to respond, the actual response can only be provided in a private, one-on-one communication

Page 6: Life Sciences companies and their Social Media usage

© 2012 WIPRO LTD | WWW.WIPRO.COM 6

Benefits of Engaging on Social Media

Improved understanding of patient's concerns

Aversion of risk of unapproved usage

Better understanding of patients' experiences

Competitor analysis

Engagement with caregivers

Page 7: Life Sciences companies and their Social Media usage

© 2012 WIPRO LTD | WWW.WIPRO.COM 7

Conclusion

The FDA guidance on the responsibilities of Life

Sciences companies monitoring the social

media comes as a sigh of relief.

The benefits of social listening far outweigh the

concerns that companies share.

The future of Life Sciences marketing is in being

part of conversations in the online space.

Page 8: Life Sciences companies and their Social Media usage

© 2012 WIPRO LTD | WWW.WIPRO.COM 8

For more details please visit the link below:

http://www.wipro.com/Documents/why_life-

sciences_companies_should_engage_on_social_media.pdf

Page 9: Life Sciences companies and their Social Media usage

© 2012 WIPRO LTD | WWW.WIPRO.COM 9

Wipro set up the Council for Industry Research, comprised of domain

and technology experts from the organization, to address the needs of

customers. It specifically surveys innovative strategies that will help

customers gain competitive advantage in the market. The Council, in

collaboration with leading academic institutions and industry bodies,

studies market trends to help equip organizations with insights to

facilitate their IT and business strategies.

For more information on the Research Council visit

www.wipro.com/insights or mail [email protected]

About Wipro Council for Industry Research

Page 10: Life Sciences companies and their Social Media usage

© 2012 WIPRO LTD | WWW.WIPRO.COM 10

About Wipro Technologies

Wipro Technologies, the global IT business of Wipro

Limited (NYSE:WIT) is a leading Information

Technology, Consulting and Outsourcing company,

that delivers solutions to enable its clients do

business better. Wipro Technologies delivers winning

business outcomes through its deep industry

experience and a 360 degree view of “Business

through Technology” – helping clients create

successful and adaptive businesses. A company

recognised globally for its comprehensive portfolio of

services, a practitioner’s approach to delivering

innovation and an organization wide commitment to

sustainability, Wipro Technologies has over 135,000

employees and clients across 54 countries.

For more information, please visit www.wipro.com

Page 11: Life Sciences companies and their Social Media usage

© 2012 WIPRO LTD | WWW.WIPRO.COM 11

Thank You ©Wipro Limited, 2012. All rights reserved.

For more information visit www.wipro.com

No part of this document may be reproduced in

whole or in part without the written permission of the

authors.

Wipro is not liable for any business outcome based

on the views presented in this document. For specific

implementation clients should take advise from their

client engagement manager.