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Pharmacoinformatics is also referred to as pharmacy informatics. According to the article "Pharmacy Informatics: What You Need to Know Now" by the University of Illinois at Chicago Pharmacoinformatics may be defined as: “the scientific field that focuses on medication-related data and knowledge within the continuum of healthcare systems” It is the application of computers to the storage, retrieval and analysis of drug and prescription information. Pharmacy informaticists work with pharmacy information management systems that help the pharmacist safe decisions about patient drug therapies with respect to, medical insurance records, drug interactions, as well as prescription and patient information.
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Scope and Importance:
The main idea behind the field is to integrate different informatics branches (e.g. bioinformatics, chemoinformatics, immunoinformatics, etc.) into a single platform, resulting in a seamless process of drug discovery. The first reference of the term "Pharmacoinformatics" can be found in the year of 1993
The first dedicated department for Pharmacoinformatics was established at the National Institute Of Pharmaceutical Education And Research, S.A.S. Nagar, India in 2003.This has been followed by different universities worldwide including a program by European universities named the European Pharmacoinformatics Initiative (EuroPIN).
A unique subset of medical informatics that focuses on the use of information technology and drug information to optimize medication use.The use and integration of data, information, knowledge, technology, and automation in the medication-use process for the purpose of improving health outcomes.The application of technology and information systems to the medication use process to improve outcomes and increase safety and efficiency.Informatics pharmacists are involved in the design, implementation, customization and support of health information systems and technologies.
Pharmacy informatics can be thought of as a sub-domain of the larger professional discipline of health informatics. Health informatics is the study of interactions between people, their work processes and engineered systems within health care with a focus on pharmaceutical care and improved patient safety. For example, the Health Information Management Systems Society (HIMSS) defines pharmacy informatics as, "the scientific field that focuses on medication-related data and knowledge within the continuum of healthcare systems - including its acquisition, storage, analysis, use and dissemination - in the delivery of optimal medication-related patient care and health outcomes"
Analyses of global market trends, with data from 2012-2014, and projections of CAGRs through 2019.A look at the current state of the drug discovery market, existing platforms and products on the market, and detailed analysis of the competitive environments including new, potential venues for novel technologies and approaches. Descriptions of various products such as bioanalytical instruments, high-throughput screening devices, informatics, and microarrays.Analyses of the main positive and negative factors in each sector of the market, potential future trends, and emerging technologies accross different segments of the industry. The global market for regulatory affairs reached nearly $39.5 billion and $46.5 billion in 2013 and 2014, respectively. This market is expected to grow at a compound annual growth rate (CAGR) of 11.3% to nearly $79.5 billion for the period 2014-2019.
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This page was last updated on 31st Oct, 2015
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