Online Program

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All Times EDT

Friday, September 25
Fri, Sep 25, 2:00 PM - 3:15 PM
Virtual
Recent Innovations in Bayesian Decision-Making in Drug Development

Totality of Evidence to Inform Decision-Making: Applications of Bayesian Methods in Drug Development Programs (301246)

*Mitchell Thomann, Eli Lilly and Company 

Keywords: Bayesian, Clinical Trials, Innovative Designs

Bayesian methods and innovative designs improve decision-making throughout clinical drug development. Particularly, formally incorporating the totality of information via Bayesian modeling improves the probability of success of trials and reduces the cost and time of drug development programs. This presentation will describe the sources of information, how to incorporate it in Bayesian models, and provide examples of its use to design clinical trials and make important decisions within a drug development pipeline.