The rapid strides made by pharmaceutical industry have contributed to the exponential growth of clinical data. While the distributed nature of clinical trials underscores the need for a safe repository to tackle the huge influx of data, storing the data in a structured format to support its use in activities like analytics, is equally essential. Further, ensuring the safety and integrity of data is crucial for eliminating its losses or potential misuses. All these accentuate the need for state-of-art Electronic Data Capture (EDC) systems to efficiently capture and manage clinical data.
While EDC for clinical data is driven by the compliance requirements for statutes such as FDA and HIPAA, meeting the frequent variations in these regulations require modern Clinical Data Management Systems (CDMS) to be flexible and scalable. Also, with clinical data being utilized by practitioners globally, proving secure access to data through hand-held devices is crucial for driving the right clinical outcomes. From a business standpoint, in-built business intelligence support for obtaining actionable insights into clinical data is vital. The dynamism of clinical data management has interested several upcoming enterprises in pharmaceutical and healthcare domain, seeking to migrate their data from legacy systems to modern, all-inclusive CDMS.
To help the enterprises find the right provider of CDM solutions, a distinguished panel comprising of CEOs, CIOs, VCs, analysts, and the Pharma Tech Outlook editorial board, has thoroughly researched companies that have carved a niche for themselves in the field. The panel has weighed the ease of deployment, mobility support, and scalability of the solutions offered, to catalogue the finalists.
In this edition of Pharma Tech Outlook, we present to you the Top 10 Providers of CDM solutions, 2017.