americanpharmaceuticalreviewJuly 05, 2021
Tag: PharmStars , PharmaU , digital health
As the first and only pharma-focused, non-proprietary accelerator for digital health startups, PharmStars focuses on bridging the "pharma-startup" gap. Its mission is to assist pharma and startups in overcoming partnership barriers, leading to greater success and faster adoption of digital health solutions to improve patient outcomes.
PharmStars provides startups with the education and mentoring required to improve their ability to engage with pharma as clients and partners. Pharma members receive priority access to this curated group of promising digital health startups that align with their digital health strategy. Members may also participate in tailored workshops focused on driving and supporting digital health adoption within pharma.
"We consider our founding members our partners and we are thrilled," says Naomi Fried, founder and CEO of PharmStars. "They are leaders in the digital health-pharma ecosystem, and their membership is a testament to their commitment to digital health innovation and working with startups. It's also a recognition of PharmStars' capacity to help them achieve their digital health goals."
Digital health startups are a crucial resource for PharmStars' members. "Lilly recognizes the tremendous value in working with startups," says Jim Parshall, Director of Connected Health & Devices External Innovation at Eli Lilly and Company. "Partnering with organizations outside of Lilly is vital to our device and connected health efforts and essential to our innovation. PharmStars' deliberate pharma focus is unique and will create new opportunities for Lilly to engage with startups."
PharmStars' startups are carefully selected to participate in PharmaU™, a curriculum focused on the pharma business. PharmaU culminates in a members-only Showcase Event where graduating startups pitch their digital solutions and meet with PharmStars' pharma members.
PharmStars' 2021 general membership is now open to pharma and biotech firms of all sizes. New members are being accepted through the program kickoff on September 1, 2021.
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