SAVVION ANNOUNCES LIFE SCIENCES FOUNDATION
Jul 13, 2009
SAVVION ANNOUNCES LIFE SCIENCES FOUNDATION
Comprehensive Set of Business Process Management Capabilities
Can Cut Cost and Time of Clinical Trials by 33%
SANTA CLARA, Calif. — July 13 , 2009 —Savvion®, the trailblazing business process management (BPM) company, today announced Savvion Life Sciences Foundation, a comprehensive set of capabilities that helps manage and automate the operations aspect of clinical trials, cutting cost and time by up to 33 percent.
“Despite a sluggish economy, the life sciences industry continues to experience rapid growth,” said Pejman Makhfi, vice president of Business Solutions at Savvion. “That growth is pressuring companies to hold down the cost of managing and running clinical trials, while still meeting time-to-market goals.”
Life Sciences Foundation allows quick automation of critical processes, such as site set-up, site management, patient enrollment, adverse events, grants management, payment management, compliance and ethics review, and patient information management. Leveraging existing business systems, Life Sciences Foundation can provide real-time monitoring of key performance Indicators (KPI) during trials, enabling timely decision-making and facilitating course changes as operations, policies, or regulations change.
In addition to cutting time and cost of trials by up to one-third, Life Sciences Foundation enforces and monitors policy and regulatory compliance with a full audit trail—no more fumbling through stacks of reports and emails or making dozens of phone calls. It also manages and improves communication between all the stakeholders of the clinical trial including site supervisors, Contract Research Organizations (CRO), and trial sponsoring pharmaceutical companies.
“Because it is built on a comprehensive BPM platform, Life Sciences Foundation benefits every person in every role within the organization, from the head of R&D to the Clinical Research Associate.” said Dr. Ketabchi, President, CEO and founder of Savvion.
Life Sciences Foundation is built on Savvion’s industry-leading business process management system. With its best-in-class, open architecture, the Savvion Life Sciences Foundation offers a highly available and scalable on-premise or on-demand solution.
Life Sciences Foundation is one in a series of Savvion domain foundation products that address increasing demands for critical enterprise application solutions that are highly agile, provide visibility into business metrics and process performance, increase the productivity and quality of business operations, and enable business users to improve their operations without taking on lengthy IT redevelopment efforts.
More information can be found on Savvion’s website at http://www.savvion.com/life_sciences
Next in “Process Makes Perfect” webinar series Savvion will be offering a free webinar “ Addressing Clinical Trial Challenges and Opportunities with BPM ” on July 22, 2009.
Attendees can register and listen to webinar here:
About Savvion
More than 300 of the world’s top-performing companies, including 24 of the Fortune 100, choose Savvion to operate more productively and profitably. As the business process management trailblazer, Savvion moves enterprises beyond ordinary BPM with groundbreaking business-critical software solutions and services that make them more competitive and cost-efficient, including a return on investment as high as 300%. Savvion has a proven track record for turning process improvement ideas into real world solutions within 30 days, providing the highest ROI for the lowest total cost of ownership. Headquartered in Santa Clara, California, Savvion can be reached at www.savvion.com or 888-544-5511
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The Savvion logo, Savvion, and all Savvion products are trademarks or registered trademarks of Savvion, Inc. All other trademarks mentioned herein are the property of their respective owners.
Ajay Khanna
Savvion
408-330-3491
Steve Kleine
Spiralgroup
stevek@spiralgroup.com
213-596-6253 ext. 704 (office)
323-334-5241 (mobile)