Pharmaceutical Pain Points

This week I attended DIA Global‘s forum on Regulatory Submission, Information and Document Management. The key take away I had was that the ongoing pharmaceutical pain points have not been addressed by any technological solution. There are solutions that target and address a subset of these pain points but the pharma industry hasn’t had an end-to-end solution until now.

In session after session, and in every conversation I had, I heard the same thing. It is so clear to me now; when software is procured by an organization it is typically targeted for a specific team or group within the company, rather than an enterprise rollout of the solution. This has resulted in the deployment of multiple disconnected systems, applications, and databases that often don’t communicate with each other. Rather than enabling the company to be more efficient and productive, the multiple tools are actually disabling and bogging them down – and this appears to be the case across the industry. It’s this disconnectedness of various tools that lead to poor handoffs between teams, groups & departments, lack of accountability, and confusion of what the workload looks like as well as who has the availability to take on new work.

Reduced visibility with multiple point solutions leads to confusion and redundant work, which is costly.

The Drug Lifecycle Tracking Application (DLTA) consolidates the many processes and tasks that Pharmaceuticals or Contract Research Organizations need to get done into a single system of engagement and serves as one system of collective truth. Pharmaceuticals and Contract Research Organizations will have all of their tasks and their timelines in one place. The Drug Lifecycle Tracking Application simplifies the life of a customer because it simplifies the management of work.

The adoption of a new system might not be easy; however, nothing worthwhile ever is. Organizations are concerned about the risks and disruption that change may create. Weigh the risk of disruption to the risk of incomplete, silos of information and bloated timelines – oh yeah, been there already.

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