Medidata becomes a partner of the World Economic Forum

24.01.2019 12:13

Clinical development, commercial analytics and real-time data platform provider Medidata becomes a partner of the World Economic Forum (WEF). In this context, the company is taking part in the WEF's special initiative to shape the future of medicine and healthcare.

Medidata is now entering into a three-year strategic collaboration with the World Economic Forum. The company becomes a partner member and takes part in the WEF special initiative focused on shaping the future of medicine and healthcare.

The initiative aims to change the concept of care - from prevention to diagnosis, treatment, healing and maintaining health - so that people lead healthier lives and have access to the care they need. The initial focus is on Europe, the Middle East and Africa, with plans to expand to North America and the Asia-Pacific region.

Medidata will work with WEF and its partners to develop new approaches that prioritize patient needs and outcomes. The approach is based on the introduction of a globalized use of high-precision, data-driven treatment methods integrated across the entire spectrum of care.

The initiative has drawn up an action plan for the public and private sectors to work together to provide basic health care through universal health care. It's about understanding how precision medicine, for example, can become a tool for integrated healthcare.

“Medidata is proud to bring our extensive expertise in life science technology, data and analytics to this initiative as we develop a new approach to achieve better outcomes for patients,” said Christian Hebenstreit, General Manager and Senior Vice President EMEA, Medidata.

“The collaboration between WEF and Medidata is aligned with the shared goal of transforming the future of global healthcare. We look forward to working with healthcare organizations, regulators and influencers on this important issue,” said Tarek Sherif, Chairman and CEO of Medidata.

“The World Economic Forum’s initiative to shape the future of medicine and healthcare brings together governments, civil society and business leaders to help ensure that nearly 9.7 billion people have affordable, high-quality healthcare by 2050,” says Vanessa Candeias, Head of the Department of Shaping the Future of Medicine and Healthcare, Member of the Executive Committee. “We welcome Medidata as a new advisor to the Forum and look forward to connecting them with our community and platform for public and private collaboration.”