PharmStars is a digital health accelerator focused on bridging the gap between digital health startups and pharmaceutical companies, facilitating partnerships through an accelerator program that prepares startups for engagements with pharma.

PharmStars

Lucidity LLC is a healthcare specialist advisory practice that applies business experience and industry insights for investors and executives. It focuses on delivering meaningful business change and transformation in healthcare and life sciences companies.

Lucidity LLC

PharmStars | 2,018 followers on LinkedIn. the pharma-focused accelerator for digital health startups | PharmStars is the first and only pharma-focused accelerator for digital health startups, dedicated to driving digital health adoption to improve patient outcomes. We educate and mentor digital health startups seeking engagement with pharma and biotech firms. We are supported by our pharma members who are committed to working with startups that graduate from our accelerator.

AI Builder | Data Executive | Tech Investor | Start-up Advisor | Healthcare and Life Sciences | MBA

Steve Prewitt

Scientist. Inclusion crusader, advisor and coach.

Joanne Kamens, PhD

Independent board member, 3x Author (Wiley & Sons), CEO Emerge®(USA), Edmund Hillary Fellow (New Zealand), 3x startup Inc 500 President 3 exits, 3X…

Mohan Nair

CEO & Founder PharmStars; Managing Partner & Co-founder, Ambit Health Ventures

Naomi Fried, Ph.D.

In preparing to meet with PharmStars ’ pharma members at our upcoming Showcase Event, the Fall #PharmaU cohort received valuable lessons in the art of selling to pharma from PharmStars' Mentor Advisor Dhiren Patel, PharmD . Drawing on his extensive experience working with and selling to pharma, Dhiren shared a wealth of insights and advice with our startups. The following are a few of the many pearls of wisdom he sprinkled throughout the discussion with the PharmStars startups: 🗝️ Don’t underestimate the value of external validation – this is key! 💰 Understand your client’s budget and discuss it with them 📣 Invest in brand recognition for your company 🤝 Attend “offbeat” conferences where you can make real connections Thanks, Dhiren, for investing in our startups throughout this semester. We can’t wait for them to put these lessons into action when they meet our pharma members at the Showcase Event next week. It’s almost time!! ⏳ #digital #digitalhealth #innovations #clinicaltrials #pharmaceutical #biopharma #biotech #medtech #healthtech #clinops #HealthIt #accelerator #acceleratorprogram

The 🌟 PharmStars 🌟 digital health startup accelerator is excited to share recent good news from our alumni! We love to see the accomplishments and milestones celebrated by the 68 startups in our “family.” Fall 2021 Cohort - Innovations in Clinical Trials 🌟 Longenesis was the 1st place winner at the Expand North Star 2024 Supernova Challenge, securing a $100,000 prize. Spring 2022 Cohort - Innovations in Neurological Disease 🌟 Neuroventis (Helpilepsy & MigraineManager) was acquired by Cascador Health , a Belgian scale-up focused on improving healthcare through insights gained from real-world data. We’re happy to hear that their PharmStars experience played a role in this success! Fall 2022 Cohort - Innovations in Real World Evidence 🌟 Centaur Labs raised an over-subscribed $16M+ Series B funding round led by SignalFire with continued support from Matrix Venture Capital Inc. , Accel , Susa Ventures , Omega Venture Partners , Y Combinator and new backing from Alumni Ventures and Samsung Next . 🌟 Centaur Labs announced its alpha release of their on-demand expert data labeling product. Spring 2023 Cohort - Innovations in Women’s Health or Health Equity 🌟 Local Infusion founder Woody Baum was honored as Startup Entrepreneur of the Year at Nashville’s Entrepreneur Center Next Awards. 🌟 Local Infusion announced the opening of their first New Jersey location in Emerson and expansion into West Hartford, Connecticut. 🌟 NalaGenetics was featured in Founders Forum Group’s "50 SEA Tech Startups to Watch" list in the Destination Southeast Asia Report 2024. 🌟 Twill by Dario announced their full integration into the Dario Multi-chronic platform. 🌟 MiMARK won “best pitch” at the Gender Gap in Investments event in Brussels, supported by the European Parliament and European Innovation Council and SMEs Executive Agency. Spring 2024 Cohort - Innovations in Oncology 🌟 Saventic Health won the Export Leader Innovative Product or Service at the International Market award, promoted by the Polish Invest and Trade Agency. 🌟 Sano Genetics was named one of Bloomberg 's Startups to Watch 2024 and took silver in the Global Good Awards “Technology for Good.” 🌟 Sano Genetics announced a collaboration with 20/20 Onsite and Clinical Enrollment to drive advancements in patient care and research outcomes for inherited retinal diseases. 🌟 Panacea-ml added Naomi Fried, Ph.D. , Founder and CEO of PharmStars , to their advisory board! 🥳 🌟 Patientory, Inc. was nominated for a 4th year as a Finalist for the Prix Galien USA award. 🌟 JOGO Health was selected by Fortis Healthcare Gurugram to build the first digital clinic to treat chronic constipation and pelvic floor disorders in North India. #DigitalHealth #StartUps #Accelerator #Innovation #CompanyUpdates #PharmaFocus #biopharma #healthcare #pharma #digitaltransformation #Digitalnnovation #digital #innovation #startup #pharmaceutical #biotech #HIT #medtech #healthtech #HealthIT #PharmStarsAlumni

Our recent PharmStars Graduate School focused on ⭐Pharma Partnership Case Studies ⭐. Three startup leaders from our 68 digital health alumni stepped up to present their experiences and learnings working with pharma with the rest of our #PharmStarsAlumni . In this second post in this series, we share lessons and advice from Ali (Oberg) Devaney , Marketing Lead at Centaur Labs and graduate of PharmStars’ Fall 2023 cohort focused on Digital Innovations in Real World Evidence. Ali presented Centaur’s partnership with a large pharma client that is not public. The project utilized Centaur Labs ’ technologies for text and image annotation for adverse event reporting. Some of her best tips included: ⭐ Be bold: Contact a lot of people. A LinkedIn cold message with a compelling pharma value proposition resulted in Centaur Labs receiving an invitation to a pharma AI leadership team meeting. ⭐ Land and expand: Get approval from your pharma project champion to mention your collaboration when reaching out to others at the same company. Centaur Labs was invited to present at an internal company meeting after networking within the pharma and landed additional projects as a result. See the first post in this series of alumni case studies featuring Teri Chou , CEO at Modus Health , https://lnkd.in/eseR-Wey And watch for the third case study highlights coming soon. Follow PharmStars and check out www.PharmStars.com for information on how your startup can join the accelerator and how biopharma companies can access PharmStars startups. #DigitalHealth #StartUps #Accelerator #Innovation #CompanyUpdates #PharmaFocus #partnerships #financing #funding #biopharma #healthcare #pharma #DigitalTransformation #DigitalInnovation #digital #innovation #startup #pharmaceutical #biotech #HIT #medtech #HealthTech #HealthIT

PharmStars #PharmaU Fall cohort was delighted by the recent Fireside Chat with Eli Lilly and Company 's Jim Parshall . Jim discussed with our digital health startups Lilly’s approach to innovation related to drug development, touching on Lilly’s long history as a “medicine company” that has a global focus on making lives better. As a PharmStars’ founding pharma champion, Jim Parshall also shared his clear understanding of and appreciation for the need to bridge the pharma-startup gap. He spoke about how Lilly works to bridge the gap and do its best to consider the needs of startups when partnering. Jim offered some sage advice to our startups, including these two pearls that we can’t underscore enough: 🔊 Make sure your value proposition for pharma (how you solve a pharma problem) is crisp and clear 🔊 💊 Be patient – pharma does not move quickly! 💊 Thanks, Jim, for sharing your time and your incredible insight into Lilly with our startups. They look forward to another audience with you at our upcoming Showcase Event in Boston! #digital #digitalhealth #innovations #clinicaltrials #pharmaceutical #biopharma #biotech #medtech #healthtech #clinops #HealthIt #accelerator #acceleratorprogram

What do pharma innovation leaders think about adoption of DCT and RPM? In this post about PharmStars ’ recent pharma member discussion roundtable on ⭐ "Challenges and Lessons in Decentralized Clinical Trials (DCTs) and Remote Patient Monitoring (RPM)" ⭐ we share the perspectives of industry leaders on timing of full adoption for these innovative approaches to connecting with patients. In an anonymous poll we asked our digital innovation leaders what proportion of their company’s trials are fully or partially decentralized. They responded: ⭐ 40% said that 50-75% of their trials were partially or fully decentralized ⭐ 20% responded 25 - 50% of their trials were partially or fully decentralized ⭐ 20% responded < 25% of their trials were partially or fully decentralized ⭐ 20% are not considering running DCTs And it looks like it will take some time for DCTs to become broadly adopted. When asked about the timing to achieve broad adoption, 50% said it will take 2-4 years and the other 50% said it will take more than 5 years. “We all had high hopes that Covid would push us in this space, and I think it created a few things. But I think we are backing off now,” shared one pharma leader. Said another leader with expertise in this area, “We’re happy to be number four, but could someone else go first?” 😅 Given the barriers, there’s clearly a substantial runway before DCTs become the norm. Follow PharmStars to see the previous posts in this series and to learn more about our unique digital health accelerator. Startups and potential pharma members can find more information at www.pharmstars.com . #DigitalHealth #Accelerator #StartUps #DecentralizedClinicalTrials #RemotePatientMonitoring #HealthcareTechnology #RPM #DCT

Everyone is curious (and maybe sometimes a little jealous 😉) about successful pharma-startup partnerships. PharmStars has the advantage of 68 graduate startups with experience and advice to share. PharmStars Graduate School program ⭐Partnership Case Studies ⭐ was a big hit, thanks to the three generous #PharmStarsAlumni who shared their partnership experiences and learnings with their colleagues! We’ll highlight one case study in each of three posts starting with the example shared by Teri Chou , CEO at Modus Health and graduate of PharmStars Spring 2022 cohort focused on digital innovations in neurology. Teri presented a Modus Health - GSK partnership with a goal of using #RealWorldEvidence to determine if an exploratory clinical trial endpoint could serve as a primary endpoint in a Phase 2 trial. Here are some of the lessons she shared: Patience is necessary: The timeline was long. The collaboration came about from a chance meeting at a conference in 2018. It took 3 years to get a CDA in place and 5 years to sign a contract. Build relationships: Teri stayed in touch with her contact to build the relationship and it paid off. As Teri said, “be human.” Biggest lesson: Be flexible. Every company is different in how they want to do business. Enter partnership discussions by asking questions and be ready for twists and turns. Stay tuned for two more case studies. Follow PharmStars and check out our website for more information on how you can become a #PharmStarsAlumni or one of our #PharmStarsPharmaMembers ! #DigitalHealth #StartUps #Accelerator #Innovation #CompanyUpdates #PharmaFocus #partnerships #financing #funding #biopharma #healthcare #pharma #DigitalTransformation #DigitalInnovation #digital #innovation #startup #pharmaceutical #biotech #HIT #medtech #HealthTech #HealthIT

Eli Lilly and Company 's Chief Scientific Officer, Daniel Skovronsky , explains the history and importance of patents in motivating #innovation in the biopharma industry. I am grateful for the US's legal system (including our patent laws) and business environment that have allowed our highly-impactful drug development industry to grow and flourish. So many lifesaving and life-changing medications have been developed thanks to our system! #biotech #pharma #pharmaceutical #transformation #patents https://lnkd.in/eHaSadPC

PharmStars ’ #PharmaU Fall cohort was recently treated to a delightful visit from Genmab ’s Scott Ogden , head of Genmab’s AI Lab. At this Fireside Chat with the PharmStars startups, Scott spoke about Genmab’s transition from a science-only company into a fully integrated pharma (FIPCO), describing how they have remained a nimble, dynamic organization that actively seeks to work with innovative startups. Our startups were excited to hear about Genmab’s culture of flexibility and their innovation orientation, where the focus is not on process but rather on solving problems together. Scott shared that in clinical trials (the focus for PharmStars Fall cohort) Genmab is focused on opportunities to innovate around the rate-limiting factors. They understand that technology has the potential to transform all aspects of the clinical trial process, from patient recruitment and engagement to data collection and management. Thank you, Scott, for sharing your passion, enthusiasm, and insight around pharma innovation with our startups. They can’t wait to meet the Genmab team at our upcoming Showcase Event and share their clinical trial innovations with you! #digital #digitalhealth #innovations #clinicaltrials #pharmaceutical #biopharma #biotech #medtech #healthtech #clinops #HealthIt #accelerator #acceleratorprogram

Great #BostonStartupScene opportunity Venture Lane | Startup Hub Pitch NIght! Details below.

📣 Attention #PharmStarsAlumni -- and especially PharmStars ' digital health startup graduates from our Spring 2023 cohort which focused on Women's Health and Health Equity-- here is a great funding opportunity for you! Pivotal Ventures has announced a funding opportunity for organizations supporting women's mental and physical health! Apply today!

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Company Name	PharmStars	Lucidity LLC
Symbol
MSH ID	COM:PHARMSTARS	COM:LUCIDITYLLC
Market	PRIVATE	PRIVATE
Sector	Healthcare & Health Services	Commercial & Professional Services
Industry	Digital Health	Healthcare & Health Services
Country	US	US
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Website	pharmstars.com	lucidityllc.com
LinkedIn	pharmstars	lucidity-llc1
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