Disruption in healthcare and pharma is happening now

We’re living in a transformational time in healthcare and medicine. 

Drug development is rapidly evolving, from fully verticalized pharma to a new world where drug creation is decentralized and data-enabled. This is a massive opportunity for new startups. Like how information technology was disaggregated over the last two decades with contract manufacturing, applications, and internet distribution, pharma’s drug development stack is already being decentralized. Today, a whopping 80 percent of discovery for new drugs is by biotechs—not big pharma—with pieces of development and manufacturing fast to follow.

We are living in a perfect storm of enablers: machinery to generate novel data in the -omics, dramatically faster throughput, and the golden age of AI to parse the data and generate valuable biological insight. Today’s companies can be purpose built to marry biology and computation with the goal of selling to pharma leveraging new business models.

At Wing, our BioXData thesis is a strong belief that while AI is reshaping almost all industries, few will be as greatly impacted as healthcare and medicine. The data-driven, AI-first transformation in medicine and healthcare is early but already underway.

Healthcare was previously verticalized in brick and mortar locations with patients seeing providers at predefined points in time. Unfortunately, disease progression simply doesn’t work that way. Today, with care via the internet available for the first time, tech is addressing healthcare’s top problem: access. 

A provider in Salinas can see a patient in San Diego via cellphone or laptop, enabling more continuous diagnosis and intervention. And, the decision maker is increasingly the provider, who is empowered to do their best work in payor-reimbursed arrangements. 

This is a distinct business model evolution that is paving the way for personalized care and management of costly afflictions starting with diabetes, mental health, and musculoskeletal health (to name some early few).

At Wing, we’re thrilled to partner with intrepid founders at ground zero who also believe in data-powered, tech-enabled solutions in healthcare and medicine.