Challenges
Today, Life Science Organizations face tougher challenges than what they faced ten years ago. Starting with newer and stricter Government policies the other challenges such as increasing competition from global companies, longer cycles on regulatory compliance, shorter time to market, and pressure from consumers and competition to continuously develop and launch newer products.
Since early 1999, a group of researchers and scientists that were immersed in the world of clinical trials, but frustrated by the limitations of the data capture tools available, united to develop a revolutionary solution. Their goal was to create a powerful Electronic Data Capture system that would improve productivity and workflow, yet be easy to learn and use; something sophisticated enough to be simple.
The bio-pharma industry is going through a turbulent phase with intense competition from unregulated markets, copyright infringements, lower margins and lack of new drugs in short time scale.
Companies large and small are looking into finding alternative solutions to cut the costs for clinical trials and drug development, so that they can complete in the market with their products.