With the rising global population, the need for quality healthcare services is at an all-time high today. Adding-on to that, the COVID-19 pandemic has completely disrupted the way healthcare services are being offered worldwide. As a result, healthcare companies across the globe are forced to reiterate their organizational functions and fine-tune them in tandem with the new business dynamics and tech advancements. This has in turn resulted in an increased demand for efficient healthcare & medical support solutions.
The global medical affairs outsourcing market size was valued at $1.7 billion in 2022 and is expected to expand at a CAGR of 13.6 percent over the forecast period. Surge in clinical trials due to the increasing prevalence of communicable and non-communicable diseases has increased the demand for medical devices and new drugs, thus boosting the demand for medical outsourcing services. In addition, cost-effective and high-quality services offered by contract research organizations and stringent regulatory scenarios are other major factors that contribute to the growth of the market.
The situation is no different in India either. Pegged by rapid technology innovations and numerous initiatives from the government, India is one of the fastest growth healthcare markets today. Thus, the country is home to some of the finest medical & healthcare support service firms today. Among the multitude of companies currently operating in this space, one company that stands a notch higher than the rest is Intellimed Healthcare Solutions.
Based in Mumbai, Intellimed was founded in August 2019 by Dr. Anish Desai (Founder & CEO of Intellimed Healthcare Solution and a trained Physician and a Clinical Pharmacologist) with a vision of catering to the unmet needs in the healthcare industry – be it pharmaceutical, medical devices, digital health or nutraceutical companies. Today, the company has grown exponentially and is among the sought-after companies for medical & scientific services in the country.
Inception Story
Dr. Anish is a seasoned healthcare professional who has extensive experience of working with the pharmaceutical, medical devices and nutraceuticals industry for close to three decades. During his tenure as a Medical Director with many Indian and multinational organizations, Dr. Anish observed that whenever any work had to be outsourced, there was a severe dearth of reliable and competent scientific partners. Most of them lacked proper understanding of the medical services business, and many of them lacked experience of working within the healthcare industry. Recognizing this potential business opportunity and the unmet need, he formed Intellimed to bridge such critical gaps in the healthcare ecosystem.
“Although we kept approaching different companies & individuals, they did not show much confidence in us initially since we were a startup. The personal experience & image that I had earned in the industry for over three decades helped me connect with numerous companies and medical directors who helped me with getting work in the initial days. Instilling confidence in our partners, offering high quality service at affordable rates even during the covid crisis and convincing clients to break-out of their existing ties with established players in the market and avail our services were a few major uphill tasks for us initially”, says Dr. Anish, explaining the challenges during Intellimed’s initial days.
Intellimed offers all the necessary trainings required for doctors & medical representatives in terms of product awareness and helps them in publishing numerous blogs which can create a lot of awareness among the patients
Diverse Service Portfolio
As an end-to-end medical support company, Intellimed offers a wide range of services that include Medical Publications, Medical Research, Medical Communication, Medical Education, CME Support, Medico Marketing Initiatives, Partnering with HCPs for Research and Outsourced/Contract Medical Affairs, to name few. Additionally, the company also offers all the necessary trainings required for doctors and medical representatives in terms of product awareness and helps them in publishing numerous blogs which can create a lot of awareness among the patients.
Keeping in mind the scarcity of healthcare professionals (HCPs) to analyze the vast amounts of medical data that is easily accessible today, Intellimed also helps organizations to analyze and publish their data so that they can get a clear idea on how to achieve good patient outcomes. Going that extra mile, the company also helps healthcare companies to prepare their own educational materials that can effectively create awareness about the treatment of various chronic diseases.
Dr. Anish Desai, Founder & CEO , IntelliMed Healthcare Solutions
Having completed his MBBS in Medicine & Surgery from Grant Medical College and MD in Clinical Pharmacology & Therapeutics from Seth GS Medical College, Dr. Anish is a highly qualified healthcare professional who also holds a fellowship in Clinical Pharmacology from American College of Clinical Pharmacology. Having spent over three decades in the industry, academia & research, he founded Intellimed in August 2019, prior to which he has worked with many renowned healthcare organizations such as J.B. Chemicals & Pharmaceuticals, Glenmark Pharmaceuticals, Unichem, Bristol- Myers Squibb, Bayer Pharmaceuticals, Johnson & Johnson Medical.
QUICK FACTS
•Year of Inception: August 2019
•Headquarter: Mumbai
•Services: Medical Publications, Real world Evidence Medical Research, Medico-Marketing support, Medical Communication, Medical Education, Partnering HCPs for Research and Contract/Outsourced Medical Affairs