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| home > epc > winter 2003 > e-meetings and e-learning - how the internet can be harnessed to achieve efficiencies in clinical drug development |
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European Pharmaceutical Contractor
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Driven by a need to reduce drug development costs and speed new drugs to market in the most efficient manner possible, today's pharma industry is awash with cost containment measures. Senior executives continue the search for elusive efficiencies, ranging from the overnight closure of departments that were previously considered integral to a company's success to the imposition of strict new travel policies.
Few pharmaceutical companies or contract research organisations can have been immune to cost cutting in recent years and many have looked to the promise of technology to help them achieve their goals. Unfortunately, many technological advances require expensive re-engineering of traditional drug development processes, and while the long-term benefits of for example, electronic data capture (EDC) are likely to be sizeable, even when outsourced to a niche provider, EDC requires significant upfront investment in hardware and software as well as time-consuming re-writing of processes and associated training. A more modest approach involves combining readily available technology with small changes in process to produce an immediate impact on operational performance without the need for investment. When such small steps are applied consistently across an organisation, the benefits can be surprising.
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