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Definitive Healthcare launches Monocl Conferences to improve conference planning and participation for biopharma and medtech organizations

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Definitive Healthcare (Nasdaq: DH) has launched Monocl Conferences, a solution designed to enhance conference planning and participation for life science organizations. This intuitive platform provides medical affairs, marketing, and conference planning teams with rich, contextualized conference data and access to key experts.

Key features include:

  • Visualized conference data dashboard
  • Searchable conference insights
  • Comparable data for monitoring trends

Monocl Conferences offers quick access to presentations, competitor analysis, social media insights, and details about centers of excellence. It aims to streamline planning, drive strategic engagement, and support organizations in delivering innovative therapies and medical devices to improve patient outcomes.

Positive
  • Launch of Monocl Conferences solution to enhance conference planning for life science organizations
  • Provides rich, contextualized conference data and access to key experts
  • Offers features like visualized data dashboard, searchable insights, and comparable data for trend analysis
  • Enables competitor analysis and social media insights for better strategic engagement
Negative
  • None.

Insights

The launch of Monocl Conferences by Definitive Healthcare represents a strategic move in the healthcare commercial intelligence space. This platform aims to address a significant pain point for biopharma and medtech organizations by streamlining conference planning and participation. While innovative, the immediate financial impact on Definitive Healthcare is likely to be modest.

Key points to consider:

  • The solution targets a niche but valuable market segment within the life sciences industry.
  • It has the potential to enhance Definitive Healthcare's product portfolio and possibly increase customer retention.
  • Revenue impact may be gradual, depending on adoption rates and pricing strategy.
  • Long-term value lies in strengthening Definitive Healthcare's position as a comprehensive healthcare intelligence provider.

For investors, this launch signals Definitive Healthcare's commitment to innovation and expanding its service offerings. However, it's unlikely to cause significant short-term stock movements. The true value will be realized over time as the product gains traction and potentially leads to increased market share and customer loyalty.

Monocl Conferences represents a notable technological advancement in the conference management space for life sciences. The platform's key features demonstrate a focus on data visualization, searchability and comparative analytics, which are important for decision-making in the biopharma and medtech sectors.

Technical highlights include:

  • Integration of historical data for trend analysis, indicating robust data management capabilities.
  • Implementation of social media listening for real-time insights, suggesting advanced data collection and processing.
  • User-friendly dashboard for complex data visualization, pointing to a strong emphasis on UX/UI design.

From a tech perspective, this product could position Definitive Healthcare as an innovator in applying data science to industry-specific challenges. The platform's ability to process and present multi-faceted conference data efficiently could be a significant differentiator. However, the true technical value will depend on the scalability of the solution and its ability to integrate with existing systems used by target organizations.

Monocl Conferences equips life science organizations with an intuitive solution to enhance conference planning and KOL engagement

FRAMINGHAM, Mass., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Definitive Healthcare (Nasdaq: DH), a leader in healthcare commercial intelligence, today announced the launch of Monocl Conferences. This solution is designed to enhance conference planning and participation for life science organizations by providing medical affairs, marketing, and conference planning teams with rich, contextualized conference data and access to the experts driving conference activities.

By delivering a comprehensive overview of key conference insights—including information about presenters, timing, and locations of the most relevant scientific and medical updates—Monocl Conferences can help biopharma and medtech organizations make the most of every conference.

Key features of Monocl Conferences include:

  • Visualized conference data: A user-friendly dashboard delivers powerful data visualization, making key insights easy to understand and eliminating the need for cumbersome spreadsheets.
  • Searchable conference insights: Users can quickly find relevant sessions, speakers, and topics across numerous presentations to identify important discussions and data readouts to attend.
  • Comparable data: Organizations can monitor year-over-year trends, presentations, topics, and conference activity of other key players across the industry with historical conference data for deeper insights.

“We understand the vital role that conferences play in the biopharma and medtech industries,” said Kristoffer Gustafsson, VP Platform Monocl at Definitive Healthcare. “Monocl Conferences is designed to streamline the planning process, drive strategic engagement, and ultimately support organizations in delivering innovative therapies and medical devices that improve patient outcomes.”

Monocl Conferences offers quick access to presentations, allowing users to uncover both their and their competitors’ share of the program. Additionally, the platform provides insights into conference discussions via social media listening, revealing trending topics and key online contributors, along with access to presentation titles and abstracts that highlight conference focus areas and details about the presence of centers of excellence.

Monocl Conferences is tailored to support diverse teams within life science organizations. It can help enhance scientific communication and expert engagement for medical affairs teams, streamline event organization and execution for conference planners, and provide marketing teams with insights to inform their conference selection, messaging, and presence. Together, these capabilities enable organizations to refine their conference strategies and derive maximum value from every event.

For more information about Monocl Conferences, visit definitivehc.com/conferences.

About Definitive Healthcare

At Definitive Healthcare, our mission is to transform data, analytics, and expertise into healthcare commercial intelligence. We help clients uncover the right markets, opportunities, and people, so they can shape tomorrow’s healthcare industry. Our SaaS products and solutions create new paths to commercial success in the healthcare market, so companies can identify where to go next. Learn more at definitivehc.com.

Media Contacts:
Bethany Swackhamer
bswackhamer@definitivehc.com

Investor Relations Contact:
Brian Denyeau
ICR for Definitive Healthcare
brian.denyeau@icrinc.com


FAQ

What is Monocl Conferences by Definitive Healthcare (DH)?

Monocl Conferences is a newly launched solution by Definitive Healthcare (Nasdaq: DH) designed to enhance conference planning and participation for life science organizations. It provides medical affairs, marketing, and conference planning teams with rich, contextualized conference data and access to key experts driving conference activities.

What are the key features of Definitive Healthcare's (DH) Monocl Conferences?

Key features of Monocl Conferences include a visualized conference data dashboard, searchable conference insights, and comparable data for monitoring year-over-year trends. It also offers quick access to presentations, competitor analysis, social media insights, and details about centers of excellence.

How can Monocl Conferences benefit biopharma and medtech organizations?

Monocl Conferences can help biopharma and medtech organizations streamline their conference planning process, drive strategic engagement, and maximize value from every event. It supports diverse teams by enhancing scientific communication, expert engagement, event organization, and providing insights for conference selection and messaging.

When did Definitive Healthcare (DH) launch Monocl Conferences?

Definitive Healthcare (Nasdaq: DH) announced the launch of Monocl Conferences on October 17, 2024, as per the press release.

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FRAMINGHAM