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Real-World Evidence accentuating Pharmacovigilance

In the domain of healthcare, pharmacovigilance (PV) plays a very important role in ensuring the safety of pharmaceutical products. Traditional pharmacovigilance process primarily focuses on clinical trial data to assess the safety of drugs. However, there is a growing recognition that real-world evidence (RWE) is a valuable complement to clinical trial data in evaluating drug safety and effectiveness of drugs.

Real-world evidence refers to data and evidence derived from real-world patient experiences in everyday clinical practice. It encompasses a wide range of sources, including electronic health records, claims and billing data, patient registries, and patient-generated data. RWE provides insights into how drugs perform in the real world, beyond the controlled environment of clinical trials.While RWE has immense potential, there are challenges to its use in pharmacovigilance. Ensuring data quality, patient privacy, and the reliability of data sources are paramount concerns. Additionally, establishing robust methodologies for RWE analysis is essential to draw meaningful conclusions.

Real-world evidence is already transforming the field of pharmacovigilance. It complements clinical trial data, providing a more comprehensive and patient-centric view of drug safety and effectiveness. As technology and data collection methods continue to advance, RWE will become an increasingly essential tool for regulatory agencies, healthcare professionals, and pharmaceutical companies in ensuring the safety and efficacy of drugs throughout their lifecycle. The integration of RWE into pharmacovigilance processes is a significant step towards enhancing patient safety and healthcare decision-making in the real world.

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