HOW TO SPEED UP TIME TO MARKET AND GAIN GLOBAL COMPETITIVE ADVANTAGE WITH COMPONENT AUTHORING OF MEDICAL INFORMATION:
Tracy D. Rockney, JD, keynote speaker at the November 15th-16th Author-It Summit for Life Sciences in Philadelphia, shared a solution that would reduce cost, increase efficiency and bring products to market faster.
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NOVEMBER 15, 2016 – PHILADELPHIA, PA:
Life Sciences Executives have been searching for ways to decrease time to market for new products in global markets. However, companies must meet enormous, time consuming medical information requirements. The burden of information creation, storage and management has grown immensely, now consuming twenty-five cents of every dollar invested in new drug introductions. Countless hours of analysis have been undertaken to control these costs with little net benefit. The result is inefficient systems that simply codify the bad practices of the past and require an army of technocrats to support. For example, most systems today:
- cannot pull content from prior reference documents
- do not contain local requirements
- are overly complex
- lock content into silos
OneSource Regulatory Co-founder and Managing Partner, Tracy Rockney, JD, has an answer. Speaking at the Author-it Summit for Life Sciences on Tuesday, November 15th in Philadelphia, Ms. Rockney identified a solution that has reduced cost, increased efficiency and brought products to market faster.
Speaking to a large audience of industry colleagues, Rockney described a type of enterprise-level content management system that was developed to meet the demands of the Life Sciences industry.
“We have an enterprise-level problem, and the only real solution is one that solves the entire organization’s business needs,” says Rockney. “What makes this type of system different is that it is built by information architects who resolved to identify and address enterprise-level needs. These include ease-of-use to promote adoption and built-in regulatory intelligence to increase business benefit.”
According to Rockney, this type of enterprise-level, cloud-based solution will enable industry players to eliminate inefficient and expensive storage of medical information systems that slow approvals and global product roll-outs. Her paper on content management is available for download here.
For more information, contact:
David T. McGovern