Clinical trials are meant to determine whether devices, medications, or other developments in the medical field are safe for public use. These developments are at the cutting edge of the field, yet frequently, the trials to test their safety don’t incorporate the latest technologies (such as mobility).
There are reasons that companies have been leery of implementing mobile technologies in mobile trials: they’re concerned about regulatory issues, patient adherence, and cost. However, with the adoption of best practices, firms should no longer be concerned about using mobile technologies during regulatory trials.
Clinical trials are long, costly, and generally a huge undertaking for companies. Mobile devices can change that – they enable patients to participate remotely, saving money and time. That being said, mobile devices present some risks. Those risks can be mitigated, though. Read on to learn the risks of using mobile devices during clinical trials and how to mitigate them.
You know that mobile technologies can help field service technicians in the life sciences industry to be more efficient and productive as well as boost the company’s bottom line. However, it’s not enough simply to purchase several smartphones, tablets, or other mobile devices, give them to your field service techs, and hope for the best. Relying on a set of best practices when implementing mobile technologies makes the process much smoother – read on to learn what some of those best practices are.
When you think about mobile technologies, what most likely comes to mind is the concept of efficiency and increased productivity. What you might not realize is that mobile solutions can also boost a company’s profits or save money. This holds true of the life sciences industry. When field service technicians use mobile technologies, they can actually improve their firms’ bottom line – read on to learn more.
Is your Life Sciences company considering new financial management systems and processes?
Whether you’re preparing for Series A or B funding or managing financials for regulatory and shareholder reporting – Life Sciences companies have to be able to prove strong financial management capabilities. They need to capture R&D spend, comply with expense regulations like the Sunshine Act, control financial information, and better manage costs.
Register now and join presenters from Microsoft and Merit Solutions on April 13th at 12pm EST / 9am PST as we demonstrate the financial management capabilities of Microsoft Dynamics 365.
Improve Financial Performance & Reporting with Microsoft Dynamics 365
When: April 13th at 12pm EST / 9am PST
Duration: 1 hour
Life sciences companies are facing increased competition and experience periods of fast growth, especially after receiving FDA approval for a new product. As if that’s not challenging enough, there is increasing regulatory oversight which can be a distraction from core business processes. Early-stage and in-market life sciences organizations need more than entry-level software, but don’t need to invest heavily in costly ERP systems. Deploy a management solution that is flexible, agile and can support unique business operations today and well into the future.
Pharmaceutical, biotech, medical device manufacturers and other organizations in the life sciences industry provide life-changing products and value to customers. High quality products are expected and there is little room for mistakes, especially when a mistake can impact patient safety or health. Traceability requires close attention to detail and speed when a recall must be initiated. A digital business management solution will strengthen inventory management and the supply chain, as well as expedite the identification of each component with a quality issue.
As indicated in “Life Sciences: 6 Ways to Thrive in a Digital Future,” an eBook, minutes matter when it comes to saving lives. For life sciences organizations, managing quality issues for every component and every device is crucial, no matter whether they are located in house or at a customer site. Strong traceability requires close collaboration with supply chain partners and the ability to capture detailed product history documentation for each product. This level of data management simply can’t be trusted to spreadsheets or specialty software. Life sciences organizations need a unified, digital management platform, like MAXLife.
Successful life sciences businesses cannot rely on disparate, specialty software for very long. Without real-time, reliable data, companies simply can’t respond fast enough to deviations in plans or take advantage of new opportunities. A centralized, integrated business management solution will provide a single source of the truth, providing the data leaders need to make decisions that improve operations, boost productivity and profitability, and drive growth.
Are you evaluating a new ERP solution for your pharmaceutical, biotech, or medical device organization?
Register now and join Michael Gesser, Chief Financial Officer at HAP Innovations, LLC – a consumer health technology company with products that help track and dispense pills for patients – as he shares common risks associated with ERP implementations in regulated industries. Michael will also demonstrate why Microsoft Dynamics 365 is a great fit for clinical stage, rapidly growing, or globally distributed organizations like yours.
Convincing Your CFO That Microsoft Dynamics 365 is a Good Choice
Thursday, March 23rd, 2017
4pm EST / 1pm PST
Presenter: Michael Gesser, CFO, HAP Innovations, LLC.
RESERVE YOUR SEAT NOW
Be sure to check out our other webinars in this series: Leading Life Sciences to Success in a Digital Future.
There’s still time to register for tomorrow’s webinar at 11am EST / 8am PST: Principles and Best Practices for Validation.
As the opening session for the Microsoft co-sponsored executive webinar series, Leading Life Sciences to Success in a Digital Future, join us for this session as Valarie King-Bailey of OnShore Technology Group provides an overview of the latest principles and best practices for validation. In the session, Valarie will cover:
Register now to join us for Principles and Best Practices for Validation.