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September 11, 2009

Virtify Delivers SaaS Solution for Clinical Trial Disclosure Requirements



Managing the clinical trial disclosure requirements is an important aspect for life sciences companies. To help companies comply with the clinical trial requirements, Virtify, a provider of enterprise content compliance software solutions for life sciences companies, has reportedly announced a Software-as-a-Service, or “SaaS (News - Alert)” solution.

 
The public disclosure requirements for clinical trials and their results have been considerably increased by authorities such as global regulatory bodies and international health organizations such as the U.S. FDA, World Health Organization, FDAAA, India CTRI, and the EMEA Authority. Failure to abide by the laws will result in penalties and lost market opportunities.
 
Virtify's new SaaS CTRR solution automates internal workflow and data gathering processes along with the external workflow with various global regulatory agencies. The software reduces the risk and insulates business users from the complexity of changing compliance requirements by maintaining compliance with all new and emerging regulatory mandates.
 
“Clinical trial sponsors of all sizes must take stock of their existing business processes and systems to ensure that accurate and compliant communication of clinical trial data is available in the public domain," said Dr. Satish Tadikonda, president and founder of Virtify, in a statment. "Our SaaS-based CTRR solution enables life sciences companies of all sizes to address this challenge by managing the entire clinical trial disclosure life cycle more efficiently.”
 
Virtify's Virtx Clinical Trial Registry and Results Solution provides features such as collaborative, Web-based environment for managing clinical trial disclosure, ease-of-use and intuitive interface, and unique submissions comparison.
 
Recently, the company announced the upcoming release of its Virtx integrated software suite, an end-to-end, Web-based solution for managing the complex content and compliance requirements in the highly regulated pharmaceutical, biotechnology, medical device, animal health and food sciences industries. The Virtx software suite provides a secure, collaborative online environment for managing regulated content throughout the entire life sciences product continuum.

Raju Shanbhag is a contributing editor for TMCnet. To read more of Raju’s articles, please visit his columnist page.

Edited by Amy Tierney


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