The Hindu Business Line : Satyam, Sciformix to help drug cos with data management

Hyderabad, June 26 Satyam Computer Services Ltd has formed an alliance with Sciformix Corporation (US) to provide data management services to drug companies.

Using their respective skill sets, the partners will help pharmaceutical and biotechnology companies to better monitor the safety of the products they market.

Services across the safety management spectrum, ranging from case intake to international regulatory reporting will be offered, a press release from Satyam Computers said.

Sciformix is a Westborough, mass-based, life science knowledge process outsourcing company.

The partnership addresses the worldwide increase in focus on drug safety, which is leading to a growing number of adverse events being reported to the regulatory authorities.

The alliance also enables organisations to offer these services in a way that is both cost-efficient and scalable via a proven global delivery model. Sciformix has an in-depth understanding of the pharmaceutical and life sciences domain, while Satyam has proven drug safety business process outsourcing capabilities.

According to Mr Kishore Rachapudi, Satyam’s global head of life sciences, “We will leverage our extensive experience managing large-scale IT and BPO solutions and work with Sciformix to offer a scalable platform for delivery of drug safety services.”

Several high-profile withdrawals of popular drugs from the marketplace have also made this partnership more important. The withdrawals have pharmaceutical companies looking for ways to manage risk and take a more proactive approach toward collection and assessment of drug safety information.

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