Climate Change Data

NetraMark Holdings Inc. (formerly Nurosene Health Inc.)

Climate Impact & Sustainability Data (2023-03)

Reporting Period: 2023-03

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

  • The pharmaceutical industry faces challenges in novel molecule discovery and clinical trial execution due to small datasets.
  • Securing necessary financing on acceptable terms.
  • Fluctuations in interim and annual results due to various factors.
  • Inaccurate sales and financial forecasts.
  • Potential failure of NetraMark products to discover valuable enrichment criteria.
  • Defects or disruptions in NetraMark products.
  • Difficulty in maintaining existing clients and attracting new ones.
  • Competition from other technology-enabled drug discovery companies.
  • Lengthy and expensive pre-clinical and clinical development process with uncertain outcomes.
  • Potential failures or security breaches in internal IT systems.
  • Inadequate insurance coverage for substantial liabilities.
  • Negative impacts from health epidemics (e.g., COVID-19).
  • Unstable market and economic conditions.
  • Lengthy and unpredictable regulatory approval processes.
  • Lower than expected return on R&D investments.
  • Smaller than anticipated market opportunities.
  • Potential difficulties in managing future growth.
  • Lack of analyst research coverage or unfavorable research.
  • Potential adverse effects from healthcare and AI legislative reforms.
  • Inability to obtain, maintain, enforce, and protect intellectual property.
  • Risks associated with using open-source software.
  • Potential challenges to trademarks and trade names.
  • Potential intellectual property infringement lawsuits.
  • Compliance with global privacy and data security requirements.
  • Insufficient internal controls.
Mitigation Strategies
  • Developed a novel topology-based algorithm to parse patient data and improve AI/ML methods for smaller datasets.
  • Plans to improve operating cash flow through sales of NetraMark offerings and capital raises.
  • Implemented work-from-home policies during the COVID-19 pandemic.
  • Bolstering library of validation papers to support sales process.
  • Securing The Morris Group for Quality Assurance to accelerate client contract signing.
  • Attracting world-class strategic advisors with deep pharmaceutical industry experience.
  • Engaging Pharma Targeting to accelerate lead generation.
  • Reviewing available cybersecurity insurance coverage.

Supply Chain Management

Climate-Related Risks & Opportunities