The Entrepreneurs

MAESTrO Database healthcare IT secures agreement with Russia

  • Written by Fleur Townley

CEO of MAESTrO Database, Michael Wonder, has today announced that the ROSMEDEX, the HTA agency of the Russian Government’s Department of Health, has signed a ground-breaking subscription agreement for access to the world-leading MAESTrO Database.

 

“We are really excited to have the ROSMEDEX on board with MAESTrO. It demonstrates that they’re committed to making progress in the field of healthcare and that they can see the enormous benefits our database provides in streamlining the process of bringing new healthcare technologies and treatments to the market,” says Mr Wonder.

 

One of the largest databases of its kind globally, MAESTrO is the world’s most trusted source of information on regulatory and reimbursement information for new healthcare technologies. The database takes all of the data currently available and converts it into a user-friendly, searchable application, which can be configured to filter entries across multiple fields and develop outcome metrics.

 

Unlike other healthcare technology databases currently available, MAESTrO allows users to search and filter by technology type, therapeutic area, disease, patient population and clinical trial phase.

 

“The MAESTrO Database is all about providing timely information about access to new and important healthcare technologies. Leveraging the power of big data, it efficiently analyses reimbursement decisions by HTA agencies, such as the Pharmaceutical Benefits Advisory Committee in Australia and similar agencies around the world,” says Mr Wonder.

 

Using the Australian Pharmaceutical Benefits Scheme website as an example, it can be very cumbersome and it is not possible to search and filter by therapeutic area (e.g. oncology); disease (e.g. diabetes) and orphan drug status (e.g. rare disease).

 

The MAESTrO Database takes all of the data and presents it in a much more user-friendly way, enabling users to analyse data in real time, search and filter by many metrics and compare outcomes and timelines across countries. For example, users can compare all new cancer medicines, how long it took for one or more agencies to consider them and what the outcomes were.

 

“What the MAESTrO Database does that is unique, is that it makes all the complex information we have about every new and potential treatment available in a way that can be usefully searched. It helps to provide greater transparency about the market access process for new healthcare technologies, and highlights whether their timelines are reasonable,” continued Mr Wonder. “It gives a benchmark against the timelines of other countries.”

 

MAESTrO helps to mitigate many of the costs, delays and risks associated with a new healthcare technology development by providing clients with comprehensive comparative analysis and the latest information on key decisions from the world’s leading regulatory and reimbursement agencies.

 

Mr Wonder believes the database has significant export potential.

 

“Our main customers are pharmaceutical companies and healthcare technology assessment agencies but MAESTrO has huge potential for governments around the world.We are currently in discussions with several other international HTA agencies, including those in Germany, Kazakhstan and Colombia.

 

“Of course we’d love to get the Australian Government on board and provide them with timely information for new and important medicines for the benefit of the Australian public. This would allow greater transparency about the effectiveness of the government’s assessment and reimbursement decisions for new healthcare technologies.

 

“People obviously have a keen interest in how quickly new medicines are coming to market and it is easy to assume that things are moving slowly when in fact, at the moment, it is very difficult to say whether or not the government is doing a good job.

 

“Using the MAESTrO Database would enable the government and major stakeholders, to have greater scrutiny over the effectiveness of the reimbursement decisions and timeliness of their implementation. It would give benchmarks against other countries for the same to monitor how quickly decisions are being made and implemented for new healthcare technologies.”

 

MAESTrO has been in operation for several years in Australia, and the international version of the database was launched in 2014. MAESTrO currently counts some of the world’s leading pharmaceutical companies as clients.

 

“For me the MAESTrO Database is both a barometer and a quick access point to the market access process for new health technologies. MAESTrO is a dependable safety check so that I can see at a glance what I need to be aware of across the many things on my horizon. It then gives me an instant link to what I need to know in depth. So it helps to provide greater transparency about the market access process globally and gives the ability to benchmark against the timelines of other countries.” – MAESTrO subscriber.

 

For more information visit: https://maestrodatabase.com/



.

Sydney businesses turning to tech-savvy …

Local businesses need to learn how to take advantage of China’s tech-savvy shoppers or risk being left behind, according to the keynote speaker at a major business forum in Sydney...

LION ANNOUNCES BUSINESSES TO REVOLUTIONI…

Lion is excited to announce the cohort for Lion ‘Unleashed’, a 12-week accelerator program that will see close collaboration between participants and the leading food and beverage company. In the first year...

MAESTrO Database healthcare IT secures a…

CEO of MAESTrO Database, Michael Wonder, has today announced that the ROSMEDEX, the HTA agency of the Russian Government’s Department of Health, has signed a ground-breaking subscription agreement for access...

New security warnings to deter customers…

Jim Stewart, CEO of digital marketing agency StewArt Media, has cautioned Australian businesses that Google’s new security warnings could cause conversions to drop and online retailers to lose sales, starting...

WINNERS - Universities win tough robotic…

Australia is once again home to the region’s top university robotics title. RMIT University took home the top finish and bragging rights at the finals of the 2017 National Instruments...

Spend some money on professional trading…

If you want to become a successful trader then you have no choice but to learn from the expert of this market. One thing to fulfill your choice is by...

ANCA is first to market yet again with i…

ANCA’s custom designed and built industrial robot loader will also be on preview for the first time at the show.   21 August 2017: ANCA CNC Machines and sister company ANCA Motion...

THE CEO MAGAZINE REVEALS FINALISTS IN TH…

  WINNERS TO BE ANNOUNCED IN MELBOURNE AT AWARDS EVENT HOSTED BY EDDIE MCGUIRE THURSDAY 17 AUGUST 2017: The CEO Magazine has today revealed the finalists for the 2017 Executive of the...

ICON ACCELERATOR LAUNCHES FOR HUNTER REG…

Slingshot has today invited Startups in the Hunter Region to apply for the new Icon Accelerator Program.  A collaboration between Slingshot and the University of Newcastle (UON), Icon will supercharge the...

Collective Wellness Group - Ready to lea…

Collective Wellness Group eyes 1,000 locations as part of local expansion Collective Wellness Group (CWG) is an investment and management company that operates franchise brands and has an aggressive local...

Leitz beats the competition by investing…

In the Australian wood processing industry there is significant demand for compression routers (tools with opposing cutting flutes) also known as compound shear or up-down cutters. As the demand for...

AMADEUS AND BRISBANE AIRPORT CORPORATION…

Founder, Craig Lambert, CEO, Karen Lawson, Founder, Trent Bagnall. Startups can now apply for the Queensland-based Horizons accelerator  Brisbane, August 2: A new tourism industry accelerator backed by some of Queensland’s biggest...

Fastest Growing Beauty Franchise sets si…

Australia’s leading medi-aesthetics clinic, Australian Skin Clinics, is continuing its growth strategy with the opening of three new locations this month.   The three clinics at Chatswood Westfield, Hurstville Westfield and Westfield...

Meet the four startups at the forefront …

A video marketplace and an interactive organising platform are among the four finalists who have been selected to compete at Australia’s biggest creative tech conference later this year.    QUT Creative...

New Top Level Domain names not worth it …

Leading digital marketer and SEO innovator StewArt Media warns businesses to avoid the new Australian direct ‘.au’ registrations due to unnecessary cost, loss of traffic and sales. “Registering a ‘yourname.au’...

Speed styling techniques education cours…

This course is designed for those who feel they can take their styling to the next level of high level of technique with efficient timing. If you feel you have...

Ground breaking course to help senior ex…

Following a successful pilot program, the University of Sydney Business School will continue to offer a ground breaking course aimed at giving senior executives the space to examine themselves and...

Edge Loyalty rebrands as Edge - announce…

Leading promotional solutions agency, Edge Loyalty, has announced that it will be shedding the second half of its name, rebranding itself as Edge. The new name is intended to better...

RETAILERS SEEK ALTERNATE CHANNELS TO DRI…

New smart phone app ShopFully revives physical retailers in Australia supporting EOFY sales Australian merchants are successfully breaking down communication channels this End Of Financial Year using new smart phone app...

SMB lending marketplace Lending Express …

Australian small business owners now have a quick and easy way to find the best business loan. Lending Express has officially launched in Australia as a one-stop-shop to compare multiple...

Refrigeration Mechanic to Software Devel…

If you where in Refrigeration, Air Conditioning or any other mobile service  trade, you would know that managing all aspects of the operation can be a stressful, cumbersome task. ...

THE CEO MAGAZINE’S EXECUTIVE OF THE YEAR…

APPLICATIONS OPEN UNTIL 14 July 2017   Holly Ransom is the CEO of Emergent The CEO Magazine is pleased to announce the judges for this year’s Executive of the Year Awards. The expert...

Startrack ORIAs Finalists Announced

The 2017 StarTrack ORIAS Finalists were announced today at the Ivy Ballroom in Sydney, attended by close to 200 retailers and technology providers. The annual event showcases retail leaders and...

The perfect way to modify a trading stra…

Traders in the Forex market have to develop a strategy to place their trades on the market. There are many strategies available on the online. Also, many websites are giving...