BioNJ Hosts Its Inaugural Well being Fairness in Medical Trials MBA Enterprise Plan Case Competitors

BioNJ Hosts Its Inaugural Well being Fairness in Medical Trials MBA Enterprise Plan Case Competitors

(Click on right here for a photograph gallery from the competitors)
Up to date December 7, 2022

TRENTON, N.J., Dec. 7, 2022 /PRNewswire/ — BioNJ, New Jersey’s life sciences commerce affiliation, hosted an Inaugural Well being Fairness in Medical Trials MBA Enterprise Plan Case Competitors on Saturday, December 3, at Rutgers Enterprise College. BioNJ’s Enterprise Plan Case Competitors, which is a part of a broader BioNJ strategic initiative of Well being Fairness in Medical Trials, was designed to advertise the following technology of numerous scientific trial innovators and determine modern approaches and profitable fashions that can be utilized nationally to strengthen variety in scientific trials and develop well being fairness.

BioNJ believes that well being fairness in scientific trials is crucial to deepening the understanding of the protection and efficacy of medicines in under-represented populations, increasing entry to medical innovation for these populations and growing dialogue and belief among the many biopharma business, communities and healthcare techniques. By discovering new approaches, using new applied sciences and growing new enterprise requirements to make trials extra accessible, we will work to create extra agile, environment friendly and Affected person-centered medical analysis.

Eight groups, competing for greater than $20,000 in prize cash, have been tasked with growing a marketing strategy defining a brand new resolution, software or expertise to assist tackle this essential and difficult downside. Groups recognized one explicit sort of well being disparity on which to border their proposed options and linked with community-based organizations to raised perceive the real-world obstacles that exist for his or her chosen populations to interact in scientific trials. The illness areas on which the respective groups targeted included Alzheimer’s, coronary heart failure, a number of sclerosis, diabetes sort 1 and kind 2, colorectal and cervical cancers, and oncology.

Every staff was comprised of 4-5 numerous, cross-disciplinary college students from MBA and different allied graduate packages. (Click on right here to evaluate the resumes of our groups.)

  • Baylor School of Drugs, Northwestern College & Rice College
  • Columbia College
  • Johns Hopkins College
  • Rutgers College
  • Temple College
  • Tuck College of Enterprise at Dartmouth
  • College of Arkansas at Pine Bluff
  • College of Pittsburgh

“There may be an pressing must convey extra variety to scientific trials with a purpose to higher serve Sufferers and their communities…thereby serving to to deal with well being inequities,” mentioned Amadou Diarra, Ph.D., Senior Vice President, World Coverage, Advocacy & Authorities Affairs for Bristol Myers Squibb; BioNJ Board Member and Chair of the BioNJ Well being Fairness in Medical Trials Initiative. “Solely by enhancing variety in scientific trials will we be capable of deepen our understanding of the protection and efficacy of medicines for all populations. I’m extraordinarily happy with our groups. Every of the enterprise plans provided a singular out-of-the-box resolution – serving to advance our ambition to don’t have any Affected person left behind.” 

Reside pitch displays have been made all through the day to a Panel of Judges comprised of business consultants:

  • Naikia Atkinson, Director, U.S. Medical Trials Range and Inclusion, Sanofi
  • Schylr Greggs, Director, Know-how Operations, Medidata
  • Sharon Hanlon, Head, Medical Trial Engagement & Enrollment, Bristol Myers Squibb
  • Maribel Hernandez, Vice President, Medical Operations & Particular Initiatives, PTC Therapeutics
  • Jack Rosenberg, Supervisor, Investments and Enterprise Improvement, TrialSpark
  • Del Smith, Co-Founder & CEO, Acclinate
  • Lolita Smith, Program Supervisor, Uncommon Illness Range Coalition, Black Ladies’s Well being Crucial
  • Matt Walz, CEO, TrialBee

“Though in the end three profitable groups have been offered with money prizes, every staff has made a distinction for Sufferers by providing new options and applied sciences to raised serve Sufferers, construct group belief and tackle gaps in well being care supply,” mentioned Paul Howard, Ph.D., BioNJ Enterprise Case Competitors Steering Committee Chair and Senior Director, Public Coverage for Amicus Therapeutics. “That is simply the beginning as we work to share these proposals extra broadly.”

A white paper with all the displays can be printed in April and rolled out throughout BioNJ’s acclaimed BioPartnering Convention – which brings collectively greater than 500 business professionals from across the globe. The three profitable groups will current their plans in the course of the April 18 BioPartnering Convention and all the college students are invited to attend to fulfill the group.

Profitable groups embody:

  • First Place: Johns Hopkins College ($10,000) who targeted their plan on growing illustration in scientific trials for the remedy of Alzheimer’s Illness by means of group engagement methods and using digital instruments.
  • Second Place: Rutgers College ($7,000) who targeted their plan on utilizing inhabitants well being and real-world information analytics to calculate well being fairness targets particular to scientific trial websites in prostate most cancers.
  • Third Place: Baylor School of Drugs, Northwestern College & Rice College ($3,500) who targeted their plan on growing Hispanic/Latinx involvement in scientific trials by coaching group healthcare staff from refugee and immigrant populations.

“BioNJ’s mission is to assist our Members assist Sufferers. It’s with the imaginative and prescient of Well being Fairness for all that BioNJ launched our Well being Fairness in Medical Trials Strategic Initiative, of which the MBA Enterprise Plan Competitors is one among three essential workstreams,” mentioned BioNJ President and CEO, Debbie Hart. “Along with thanking our extraordinary groups for his or her dedication and time, I might wish to thank our Steering Committee; business supporters, together with Bristol Myers Squibb, Medidata, Amicus Therapeutics, PTC Therapeutics, Sanofi, Insmed, PsychoGenics, Thermo Fisher Scientific, Crowley Regulation and the Uncommon Illness Range Coalition; our skilled judges and our colleagues from the Kith Collective. It was solely with their steerage and help that we have now been capable of convey this essential initiative ahead.”

For extra data, please go to BioNJ.org/Well being-Fairness-Medical-Trials.

About BioNJ

BioNJ is the life sciences commerce affiliation for New Jersey, representing near 400 research-based life sciences organizations and stakeholders throughout the healthcare ecosystem from the biggest biopharmaceutical firms to early stage start-ups for practically 30 years. As a result of Sufferers Cannot Wait®, BioNJ is devoted to making sure a vibrant ecosystem the place Science is Supported, Corporations are Created, Medicine are Developed and Sufferers Have Entry to Lifesaving Medicines.

Acknowledged as a revered thought chief, an influential advocate and a sought-after convener of the life sciences business, BioNJ works immediately with legislative leaders in each Trenton and Washington D.C. to advance the life sciences business, foster medical innovation and guarantee well being fairness and healthcare affordability. With innovation because the driving drive behind medical breakthroughs, BioNJ’s mission is to assist our Members assist Sufferers by offering transformative assets, together with entry to authorities and business leaders, capital and State incentives, well timed instructional packages, expert expertise and a value-driven buying program.

BioNJ is impressed by and privileged to work with these dedicated to enhancing the lives of Sufferers and their households world wide. For extra data go to www.BioNJ.org.

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SOURCE BioNJ

BioNJ Hosts Its Inaugural Well being Fairness in Medical Trials MBA Enterprise Plan Case Competitors

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