STOCK TITAN

Definitive Healthcare launches Passport Express to provide ready-to-use healthcare commercial intelligence for biopharma

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Definitive Healthcare (Nasdaq: DH) has launched Passport Express, integrating analytical data from Analytical Wizards with extensive therapy-specific data. This new product enhances biopharma pre-launch planning across 20 therapy areas, providing vital commercial intelligence to accelerate market performance.

Passport Express offers ready-to-use analytics with up to seven interactive dashboards focused on market and brand dynamics, treatment pathways, and patient compliance. The aim is to simplify data sourcing for biopharma companies, ensuring up-to-date information is readily accessible.

Positive
  • Launch of Passport Express enhances market competitiveness.
  • Integration of comprehensive analytics with industry-leading data improves decision-making.
  • Product targets over 20 therapy areas, broadening market reach.
  • Interactive dashboards facilitate user-friendly access to critical data.
Negative
  • None.

New product integrates comprehensive analytics built by Analytical Wizards with industry-leading data from Definitive Healthcare in a single package for more than 20 therapy areas

FRAMINGHAM, Mass., July 26, 2022 (GLOBE NEWSWIRE) -- Definitive Healthcare (Nasdaq: DH), an industry leader in healthcare commercial intelligence, today announced the general availability of Passport Express, the newest product in the Passport Analytics Suite.

Building on the integration of Analytical Wizards into Definitive Healthcare, Passport Express combines comprehensive analytics from the Passport Analytics Suite with therapy-specific data from Definitive Healthcare in a single package. The off-the-shelf healthcare commercial intelligence in Passport Express helps biopharma companies rapidly answer critical business questions to accelerate pre-launch planning and maximize in-market brand performance.

“As a user of Passport Planning & Performance, I’m excited to see Definitive Healthcare integrate its comprehensive data with Passport’s in-depth analytics,” said Suzanne Marzziotti, Director of Commercial Insights at Novartis US Pharmaceutical. “Developing a new drug and bringing it to market can be costly and take a long time. Passport Express should help companies with the relevant commercial intelligence to inform and accelerate pre-launch brand planning and optimize in-market performance post-launch. Passport Express is ready-to-use healthcare commercial intelligence designed specifically for the biopharma industry.”

Available for more than 20 therapy areas, Passport Express enables biopharma companies to better understand treatment pathways, brand behavior, and market share. For each therapy area, Definitive Healthcare extracts mission-critical data from its industry-leading commercial intelligence platform, including payor claims, healthcare reference data, and affiliation insights. These data are then pre-populated into an analytics environment where customers can instantly query flexible dashboards and powerful visualization tools.

Passport Express comes with up to seven interactive dashboards that vary based on therapy area:

  • Market Dynamics – Inform product launch plans by leveraging high-level analyses of market conditions
  • Brand Dynamics – Empower pre- and post-launch commercial strategies for a brand using an overview of key brand-market dynamics
  • Line of Therapy – Support brand market positioning by analyzing line of therapy metrics
  • Treatment Pathway – Augment patient and brand commercial insights by understanding current patient behavior trends
  • Source of Business – Define patient treatment dynamics by analyzing patent brand continued use, brand switching, or brand add-ons
  • Persistency – Evaluate patient continuation of treatment for a company’s brand and its competition
  • Compliance – Understand brand market share by evaluating patient compliance.

“We’re incredibly excited to ship a product that combines our comprehensive, proprietary data with the advanced analytical capabilities that we acquired with Analytical Wizards earlier this year,” said Robert Musslewhite, President of Definitive Healthcare. “By continuing to invest in and expand our Passport Analytics Suite, we’re making it easier for biopharma companies of all sizes to access professional-grade commercial intelligence in one place.”

The integrated data and analytics in Passport Express greatly reduce the resource requirements and timelines traditionally required for commercial teams to source real-world data and then build analytical models on top. Passport Express includes data refreshes so that team members from across a biopharma organization can always access up-to-date data.

For more information about Passport Express, visit definitivehc.com/express.

About Definitive Healthcare

At Definitive Healthcare, our passion 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 platform creates new paths to commercial success in the healthcare market, so companies can identify where to go next. Learn more at definitivehc.com.

Media Contacts:
Danielle Johns
djohns@definitivehc.com

Highwire PR
definitivehealthcare@highwirepr.com

Investor Relations Contact:
Brian Denyeau
ICR for Definitive Healthcare
brian.denyeau@icrinc.com
646-277-1251


FAQ

What is Passport Express by Definitive Healthcare?

Passport Express is a new product that integrates comprehensive analytics with therapy-specific data, specifically designed for biopharma companies to enhance pre-launch planning and optimize market performance.

How does Passport Express benefit biopharma companies?

It provides ready-to-use commercial intelligence, helping companies rapidly answer critical business questions across over 20 therapy areas.

What data features does Passport Express include?

Passport Express includes up to seven interactive dashboards covering market dynamics, brand behavior, treatment pathways, and patient compliance.

When was Passport Express launched?

Passport Express was announced on July 26, 2022.

What is the stock symbol for Definitive Healthcare?

The stock symbol for Definitive Healthcare is DH.

Definitive Healthcare Corp.

NASDAQ:DH

DH Rankings

DH Latest News

DH Stock Data

514.65M
46.65M
3.91%
93.14%
2.35%
Health Information Services
Services-prepackaged Software
Link
United States of America
FRAMINGHAM