Pharmaceuticals
Pharmaceutical companies are in need of much better information to drive their business. These companies accumulate vast amounts of data through global discovery projects, numerous clinical trials, and post-marketing activities. Recent studies indicate that these factors create a more pronounced and immediate need for BI tools across the product lifecycle for all pharmaceutical companies.
Every Pharmaceutical firm has to keep close track of customer data, clinical trial data, safety records, and FDA compliance, just to name a few. What is even more challenging is managing all of these mandates in an ever changing and growing industry. For example, new state legislation requires that pharmaceutical companies track and report on all sales and marketing spend for health care providers. In the US, five states and the District of Columbia have legislated reporting requirements. Companies that don't track this data will experience repercussions from significant fines to injunctions on their products.
Adding to the challenge is that 24 additional states are currently considering additional regulatory reporting from pharmaceutical and medical device manufacturers. Watchdog and advocacy groups are weighing in with their ideas of self-regulation and monitoring of the same issues which only adds confusion and potentially another set of reporting to the mix.
With Kalido's Information Engine for the Pharmaceutical Industry, customers can build and maintain a flexible reporting environment that can meet these ever changing requirements. In addition, Kalido has provided solutions for a number of large, multinational companies in the following areas:
- Sales and Marketing
- Regulatory reporting and controls
- Clinical trial reporting
- Patient safety data management
The Kalido Solution
Information Engine for the Pharmaceutical Industry
Kalido’s flexible approach to managing data from disparate sources enables pharmaceutical companies with the ability to deliver accurate, consistent and reliable information to those making critical business decisions. Whether it’s a project that needs to be turned around quickly for the business or a comprehensive company-wide information management solution, Kalido has the capability to deliver.
Download our latest Solution Brief:
Tapping the Full Potential of Sales and Marketing Data for Pharmaceuticals
