Verix | Top Pharma Analytics Solutions Company 2022
Pharma Tech Outlook

Pharma Tech Outlook

Verix
Providing Dedicated Vertical Analytic Solutions

Verix: Providing Dedicated Vertical Analytic Solutions

Doron Aspitz, CEO, VerixDoron Aspitz, CEO
Major companies in the pharma, biotech, and biomed space today face challenges while streamlining their business processes. Not only do they need to prepare the data, design a model that addresses the correct problem, and implement a re-usable machine learning solution, but they have to drive adoption by all relevant stakeholders. Apparently, change management is the most complicated process requiring education and hand holding.

That’s where Verix can help.

Verix provides dedicated vertical analytic solutions to provide timely, focused, must-have insights for better, more creative, and efficient decision making.

“We take pride in the explainability inherent in our solution that allows users at all levels to understand the processes, the insights, and the recommendations,” says Doron Aspitz, the CEO of Verix. “One modality is small-wins—implement for one brand and show actual business results, real ROI. Nothing convinces users more than a solution that brings value.”

Verix offers an innovative, robust AI/ML platform to streamline pharma, biotech, and biomed commercial operations processes. Various use case applications, powered by AI/ML models, can be easily implemented on top of the Verix platform, offering a substantially shorter time-to-value. In addition, the platform’s machine learning models continuously incorporate new learnings and can be re-used time and again with the latest input. This is unlike the common one-and-done models that are designed for a specific situation and lose relevancy as circumstances change.

The platform’s architecture consists of three layers: Customer Data Platform (CDP), Decision Engine, and Workflow Generator. While CDP is a robust platform holding a rich set of predictive attributes about each account in the relevant therapeutic universe along with ML-based micro-segments capabilities, the Decision Engine supports predictive models dedicated to automate specific business needs.

The third layer of the platform, Workflow Generator, allows users to build tailored workflows that integrate into day-to-day business processes. As a result, the platform is able to maximize flexibility, agility and adoption, better transparency and trust among all stakeholders, and connect business needs with advanced data analysis in a single place. It also utilizes data, provides relevant and actionable insights, and connects strategy to execution according to the constantly changing market needs.

“Verix has vertical focus and domain expertise to build accurate pharma specific models and algorithms that address common business questions and problems life-science companies have,” states Aspitz. “Verix’s cutting edge AI/ ML technology is dynamic, trustworthy, and scalable. It provides transparency to all business and data users that handle commercial processes.”


We take pride in the explainability inherent in our solution that allows users at all levels to understand the processes, the insights, and the recommendations

As an example, Verix has become a gold standard for AI/ML at Novartis US Oncology. Based on the dramatic proven results achieved by using Verix platform, Novartis has expanded from POC to ten oncology brands in 15 months! There has been a more than 25 percent increase in leading KPIs, including new scripts, a 20 percent increase in HCP Engagements, a four percent increase in new writers, and a six percent decrease in churn.

In another case, GSK selected Verix after a successful POC compared to several other vendors’ solutions. Strong collaboration between Verix and GSK led to the co-development of ML models, targeting and segmentation of three oncology brands, and channel optimization. The results show a clear advantage over existing methods and competing solutions.

Such has been the prowess that Verix has garnered over the years by delivering platform-based solutions. Founded by two experts in Artificial Intelligence solutions for Commercial Operations, the company has been instrumental in helping clients grow their businesses by delivering the proactive insights needed to thrive in today’s global economy.

Deep Dive

Evaluating AI Platforms That Guide Commercial Decisions in Pharma

Commercial leadership in the pharmaceutical industry faces a structural shift. Precision medicine has narrowed patient populations while expanding therapeutic complexity. Brand teams must interpret fragmented signals across patients, physicians, treatment pathways and regional dynamics while acting quickly enough to influence adoption. Traditional commercial analytics environments were built to report what has already happened. Current market conditions require systems that clarify where opportunity exists and how commercial teams should respond.  An effective AI-powered pharma platform begins by integrating the many layers of information that shape therapeutic markets. Patient journeys, prescribing patterns, treatment eligibility and territory dynamics often sit in disconnected systems. Analytical dashboards may surface trends, yet they rarely capture the relationships between these elements in ways that guide action. Decision-makers therefore benefit from platforms that unify commercial data into a shared context where patient pathways, physician behavior and market signals can be interpreted together. A cohesive data foundation allows leadership to move from retrospective analysis toward forward-looking insight grounded in real market behavior.  Speed of interpretation also shapes commercial outcomes. Drug launches and competitive responses unfold within narrow windows where early visibility into emerging patient populations or prescribing shifts can materially influence performance. Platforms that rely on manual analysis cycles slow this process. AI systems designed for pharmaceutical environments increasingly rely on predictive modeling and continuous learning loops to detect emerging signals earlier. Predictive models that evaluate treatment patterns or clinical progression can highlight opportunities that may otherwise remain hidden for months. Early recognition allows brand teams and field organizations to concentrate resources where impact is most likely.  Execution clarity matters just as much as analytical depth. Commercial strategy frequently loses momentum between headquarters planning and field activity. Insights generated by central analytics groups often remain locked inside dashboards while field teams rely on experience or manual interpretation to prioritize engagement. Modern platforms close this gap by translating analytical signals into clear guidance that can be executed directly in day-to-day commercial workflows. When targeting priorities, recommended actions and strategic intent remain visible across leadership, brand teams and field representatives, commercial execution becomes more coordinated and consistent.  Ease of interaction also influences adoption. Pharmaceutical organizations employ large cross-functional teams that include analytics specialists, marketers, field leaders and sales representatives. Systems designed for technical experts often fail to support broad usage. Conversational interfaces and intuitive workflows allow commercial professionals to ask direct questions about market dynamics or patient opportunity rather than navigating complex reporting structures. Insight becomes understandable across roles, which accelerates decision-making and reduces dependence on specialized analytics resources.  Platforms designed specifically for life sciences increasingly outperform generic CRM or business intelligence tools. Therapy areas differ in patient progression patterns, treatment eligibility criteria and physician decision behavior. Systems that incorporate pharmaceutical context into their data models and predictive engines can surface insights that broader enterprise platforms miss. Domain-specific intelligence enables more accurate targeting, more informed launch planning and more effective commercial coordination.  Verix exemplifies the direction this market is moving. Its Tovana platform was developed specifically for pharmaceutical commercial environments, positioning itself as a decision engine rather than a traditional analytics tool. The platform integrates multi-source commercial data into a semantic foundation that captures relationships between patients, physicians and market signals, allowing predictive models to identify emerging opportunities and risks. Insights translate directly into prioritized targeting and next-best-action guidance delivered through operational workflows. Commercial teams interact through conversational insights that explain why a recommendation appears and how it connects to market dynamics. Results from client programs illustrate the impact: patient identification models have uncovered previously unrecognized therapy candidates, contributing to dramatic increases in treatment starts while oncology initiatives have improved prescribing performance through more precise physician prioritization.  ...Read more

Verix News

Verix Launches New AI Capabilities for its Tovana Platform, Ushering in a New Era for Pharma Commercial Operations

Tovana analyzes and centralizes the vast amount of data related to HCPs, patients, and payers, allowing commercial teams to easily manage it from a single place, helping pharma companies increase revenue and drive business growth

SANTA CLARA, Calif., -- Verix, the leading provider of AI commercial operations enhancement platforms for the pharmaceutical industry, announced today the launch of a new AI patient finder analysis for its Tovana platform. Tovana is an AI/ML and analytics-powered commercial optimization platform that provides life science organizations with the ability to harness all the available HCP (health care provider), patient, and market data, while providing continuous, reliable and explainable data-driven insights so pharma companies can optimize their execution and drive growth.

Tovana leverages the power of AI to process anonymized claim level patient longitudinal data, producing in-depth, accurate information at a fraction of the time and price as traditional approaches. This data helps pharma companies streamline their sales and business process and ensure the right patients are getting the right drugs, at the right time. The platform automatically ingests new data as it arrives, so it is constantly providing up-to-date insights. Tovana optimizes execution, enhances transparency, and enables cross-team collaboration. Top industry players are already using the Tovana platform, including GSK, Bayer, Novartis, and Roche.

The "patient finder analysis," allows for the early identification of new patients with rare diseases based on the AI matching of previous patients with similar journeys. This feature can reduce treatment discontinuity by providing insights into previous - and similar - patient journeys, as well as streamlined operations and increased efficiency by leveraging advanced analytics and data sources for patient optimization.

Verix has already developed and implemented successful additional cutting edge industry use cases on top of the Tovana platform, such as Dynamic Targeting and Segmentation, Bottom-Up Forecasting, Channel Mix Optimization, and Therapeutic Landscape Analysis. For pharma companies, these use cases optimize customer engagement and strengthen market positioning, leading to significant revenue increase. In addition, with no-code capabilities, Tovana allows users to develop their own models or utilize out-of-the-box tried and true use cases.

"As we continue to grow, serving more and more customers, we understand the strategic value of building out the category-leading AI capabilities of our platform," said Doron Aspitz, CEO of Verix. "Tovana's patient finder feature has the ability to revolutionize the way rare diseases are treated. We know that Tovana's use cases fill an important gap in pharmaceutical analytics and look forward to continuing to build out the platform's AI-driven capabilities in the future."

Top 10 Pharma Analytics Solutions Companies - 2022

Company
Verix

Management
Doron Aspitz, CEO

Description
Verix offers an innovative, robust AI/ML platform to streamline Pharma, Biotech, and Biomed commercial operations processes. Use case applications (AI/ML models) can be easily implemented on top of its platform, offering a substantially shorter time-to-value.