Newistic: Mining Social Media
I’ve recently come across Newistic as I was about to meet the co-founder, Horatiu Mocian, but we couldn’t make it. The service sounds intereting and timely to me.
Newistic offers a customizable web dashboard used for monitoring and analyzing social media for the pharma and healthcare industries. It enables persons or companies interested in the healthcare vertical to get a social media overview for any drug, disease, pharma company, or any other keyword. The features that set Newistic apart from other social media monitoring systems are:
- Monitoring patient communities
- Discovering diseases and symptoms that are associated with any search
- The possibility of searching all or some of the brand names of a generic drug
To demonstrate its real power, here is a recent analysis they performed following a double blow that Roche’s Avastin cancer drug suffered, in the European and US markets, regarding its use for breast cancer. For example, here are the top symptoms and diseases related to Avastin in social media after news hit the media:
If you want to hear more details about the service, let me know and I will schedule an interview with the founders.