ISI Sharpens Submissions Processes & Creates New Market Opportunities
for Biopharma Companies
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Integrated submissions suite creates market expansion opportunities
for pharma
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Process redundancies reduced for streamlined multi-region
submissions
WHIPPANY, N.J. & BOSTON (Business Wire EON) June 24, 2008 --
ISI, a leading provider of
software and services for the life sciences industry, is now offering a
suite of integrated regulatory solutions that enables organizations to
respond to the varying stages of global acceptance for the electronic
Common Technical Document (eCTD). The eCTD
– the international standard for life sciences
regulatory submissions – promises to make
submitting a new drug application to multiple regulators easy and more
cost effective, but few firms have been able to reap the benefits. The
single, highly configurable solution for assembling, reviewing and
compiling/publishing submissions gives companies the ability to easily
tailor one submission for multiple markets, many of which are at vastly
different stages of eCTD maturity.
The comprehensive, integrated solution combines ISI’s
flagship products, eCTDXPress and ISIPublisher, with several new
powerful features that remove administrative burdens from the Regulatory
Affairs or Operations departments in an effort to accelerate timelines
for taking products to market. The Suite adds to ISI’s
industry-leading submissions applications the Submission Manager, a new
module that provides a single view of all submissions, focusing on
submission management, metadata, and the relationships between
submissions. This provides the point of integration between ISI’s
platform for assembling and managing eCTDs, paper-based submissions, or
non-eCTD Electronic Submissions (NeES).
“The global pharmaceutical industry is
experiencing a downturn in growth to roughly six percent a year, thanks
to loss of marketing exclusivity by products in a number of major
therapeutic categories, lower contributions from new products because of
increased scrutiny of their value, and slower take-up by doctors and
healthcare systems,” observed Paul Chung,
Executive Vice President at ISI. “Life
sciences organizations must look to emerging markets with growth rates
in the double digits such as China, India, Brazil, Russia, Mexico,
Turkey and South Korea, to supplement revenue streams. Firms are
challenged, however, by the nuances required by each of these respective
regulatory bodies, which is why we designed our suite to remove the
complexities of multi-region regulatory submissions, whatever format
they take.”
In addition to the varying degrees of technical maturity and eCTD
acceptance among regulators, there are other factors impeding life
sciences companies from submitting new drug applications across regions.
Chief among them is the International Conference on Harmonisation, the
governing group that developed the eCTD, did not address the type or
technical content required in their guidance, which means regulators are
given leeway in how they interpret the standard. Language requirements
also add complexity as submission templates must be configured to adapt
to disparate languages with widely different alphabets.
“Making smart decisions about global
submissions strategies early in the process is vital to success or
failure because the implications last for the entire lifecycle of the
submission,” added Chung. “Organizations
need to understand the drivers for efficient global eCTD filings to make
these critical decisions.”
A Flexible Solution for Firms of All Sizes
The integrated ISI Regulatory Solutions Suite allows pharmaceutical
organizations of any size to fully leverage their existing product
portfolios due to the ease of transferring submissions data into the
required format for every market in which they wish to sell therapies.
This enables them to maximize the technology return on investments
already made when conducting drug development. In addition, the Suite
allows the creation of any application format from within the same
product suite based on an existing application regardless of starting
point – eCTD, paper dossier, or NeES,
dramatically reducing the amount of rework.
For companies already leveraging one of ISI’s
submission products, the path forward is simplified, as all ISI products
share the Submission Management tool, common user interface, back-end
database, and some common functionality that allow the products to work
seamlessly together. With this foundation in place, companies will also
be able to add applications in a stepwise fashion as business demands
grow or the submission environment becomes more complex.
The ISI Regulatory Solutions Suite can be purchased as an end-to-end
suite, or as standalone modular applications. A key component of the ISI
Regulatory Solutions Suite, ISIRegTracker, offers a comprehensive
submission tracking and licensing management solution, completing the
information management requirements of any Regulatory Operations/Affairs
department. Virtual Link Manager -- which is tightly integrated with the
regulatory suite -- and ISIRender create further productivity gains, and
are also built on the same platform. These perfectly complement the
regulatory submission process, enabling the business to decide when to
perform critical process steps, whether upstream or downstream.
Tags: eCTD; regulatory submission; global submission; ICH;
document management
Suggested Links: FDA
eCTD Guidance; ICH
Specification
About Image Solutions
Founded in 1992, Image Solutions, Inc. (ISI) is a proven market leader
in providing submissions solutions, process services and consulting to
Life Sciences companies as a way to improve clinical and regulatory
processes that bring new medicines to market. ISI was among the first
professional services firm to deliver electronic submissions to the
industry and since has delivered more than 1,600 electronic submissions
and 900 eCTD submissions. The company has a 48 percent market share
among Top 50 global pharmaceutical for its flagship submission product,
eCTDXPress, and 4 of the top 10 pharma now have ISIPublisher.
ISI is a privately held company with headquarters in Whippany, New
Jersey and operations throughout the U.S., Europe and Asia. ISI also
remains committed to giving back to society and sharing its success with
others by donating 10 percent of annual net profits to over 20
recognised charitable organisations. For more information, visit the
company website at www.imagesolutions.com.
Image Solutions, Inc., ISIToolBox,ISIRender, Virtual Link Manager,
eCTDXPress, ISIPublisher and ISIRegTracker are trademarks or registered
trademarks of Image Solutions, Inc. which may be registered in the
United States and internationally. Other brand names may be trademarks
or registered trademarks of others.
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