Bangalore: Infosys has launched a cloud-based version of its Clinical Trial Supply Management (CTSM) solution. The new solution helps life sciences companies enhance efficiency of clinical trial processes by driving greater collaboration between pharmaceutical companies and contract research organizations (CROs).
This solution helps to improve the productivity of the overall drug development process. It also helps ensure the timely and accurate supply of drugs to patients at reduced costs. As a result, enterprises can price products competitively while adhering to the stringent standards required to bring products safely to consumers.
The new cloud-based version of the CTSM solution is an enhancement to the existing on-premise version of the CTSM solution – CTSM Add-On Suite 2.2 by Lodestone – that offers a complete set of tools to manage all aspects of complex clinical trials. This covers demand and supply planning as well as distribution across clinical sites. The on-premise version of the solution has been successfully managing clinical trial processes at a number of large global pharmaceutical companies across the US and Europe.
In a release, Manish Tandon, Sr. VP & Global Head – Life Sciences & Services, Infosys said, “The new cloud-based version of our CTSM solution helps life sciences enterprises gain critical competitive advantages through cost savings and productivity gains via efficient management of their clinical trial supply chains. It is a solution that benefits from our experience in the sector, leveraging the power of SAP technology, and delivered through a cloud-based service.”
The new cloud-based version of the CTSM solution offers increased visibility across the clinical trial supply chain – driving greater manufacturing and warehouse efficiencies while further ensuring compliance. For example, enterprises can respond faster to changes in demand based on actual enrolment and patient turnaround during trials.
The solution integrates easily with existing enterprise resource planning (ERP) systems, incorporating business processes and other unique requirements of clinical trials. Available on a pay-per-use basis, it will help pharmaceutical, biotech companies and CROs eliminate the need to invest in or manage expensive infrastructure dedicated to clinical trial management.
The CTSM Add-On Suite 2.2 by Lodestone has been certified by SAP as powered by the SAP NetWeaver® technology platform.
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