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Business Accent
An Indian solution for global clinical trials
Abilash M R talks on the importance of information
technology in the conduct of clinical trials.
According
to the LeadDiscovery reports, the global clinical trials industry is currently
worth an estimated $10 billion and has the potential for considerable growth
in the future. Global revenues from clinical trials have increased by almost
15 percent in the last year and the industry is prepared for an extended period
of healthy growth. The need for new and innovative drugs together with the willingness
of the sponsors and venture capitalists to pool in large funds and the support
of the technology have jointly contributed towards this boom in clinical drug
research around the globe.
Information technology has become an integral part of clinical
trials because of the need for accuracy, speed, confidentiality and usability
of the data collected through the trials. Such IT solutions, clinical trials
solutions, help sponsors of clinical trials manage all aspects of clinical study
planning, data management, preparation, performance, and reporting. The components
of such solutions are data management, document/content management and trial
management. The leading global vendors of the clinical trials solution are Phase
Forward, Oracle, Nextrials, Medidata and Data track.
The India advantage
Clinical trials in developing countries are growing. According
to Centerwatch, it is estimated that 20-30 percent of global clinical trial
activities are being conducted in developing countries. The Indian clinical
trials market has grown from $35 million in 2002 to $120 million in 2006. The
projected growth by 2010 is $250-300 million. The availability of a large drug-naïve
patient population and well-trained medical professionals, coupled with sophisticated
technological infrastructure has made India an attractive destination for conducting
global clinical trials.
Even though the environment has been so favourable, Indian
CROs and pharmaceutical companies always needed a clinical trial solution completely
developed in India. The picture of Indian advantage of high-class infrastructure
and technology at lower cost becomes clear only if such an IT solution is delivered
and supported by Indian vendors.
Our offerings
Established
in 1994, Megasoft is a transnational Intellectual Property-driven, product-based
technology company that focuses on its expertise in the three growing sectorstelecom
(XIUS), lifesciences (Afferenz) and IT services. Megasoft is a SEI CMM Level
4 company that operates out of USA, UK, Singapore, Malaysia and Germany, and
in Hyderabad and Chennai in India. Megasoft is publicly listed in the Bombay
Stock Exchange and the Luxembourg Stock Exchange. For the fiscal ending December
31, 2005, the revenues stood at Rs 115 crore (Rs 85 crore for full year FY 2004)
and profits were Rs 20 crore.
With a wide spectrum of clinical trials solutions completely developed and maintained
in India, Afferenz is transitioning from a hidden industry gem to one with a
substantial market position. Far different from the major vendors of clinical
trials solutions, Afferenz offers the ERP of clinical trials with four modules
data management, document management, image management and trial management.
The clients can use any or all of these modules since each module functions
independently and also in an integrated manner. Afferenz is the only Indian
company to offer solutions for all the four phases of clinical trials in three
innovative pricing modelsper trial usage model, subscription model and
enterprise license model.
Acceliant
At the heart of Afferenz's offering is the Acceliant eClinical
Suite, a comprehensive solution that offers users real-time efficiency, ease-of-use
in trial design, unparalleled flexibility, regulatory compliance, and the unique
ability to integrate electronic data capture (EDC), online image analysis, and
document management with traditional paper-based processes. Depending on the
clinical and business needs of an organisation, these solutions can be customised
and utilised independently or integrated to provide complete, real-time data
collection for every aspect of the clinical trial process, including eCRF generation,
site, data, image, and document management.
By combining Acceliant with unmatched support and consulting services, Afferenz
can help an organisation to simplify the clinical work flow process through
a focused, single source partner; accelerate the clinical development critical
path, while reducing the risk and cost of conducting clinical trials; facilitate
early market release of a new drug or therapy within its patent life. The four
modules /independent products of Acceliant include:
Data management: By integrating electronic data capture
functionality with automatic edit checks, real-time data queries, and a complete
audit log, Acceliant Data Management provides the tools needed to efficiently
manage trial information. And although a paperless clinical development environment
may be the clients' eventual goal, the Acceliant Data Management module helps
the organisation to gradually and seamlessly integrate electronic data capture
and traditional paper-based processes. There is no need to choose between EDC
and paper. Acceliant Data Management is a proven solution that enables the client
organisation to run EDC, paper-based, and hybrid trials.
Document management: Acceliant's Document Management
module is a regulatory compliant document management application that enables
you to upload, store, manage, and link trial documents with other clinical data
in an audited, version-controlled manner on a central data repository. The Document
Management module is tightly integrated with other Acceliant modules to provide
trial participants a single, centralised online library for all clinical trial
documents.
Image management: MedStudio, the Acceliant Medical
Image Management module, integrates online digital medical images, such as MRIs,
CTs, X-rays, and other radiological data, with patient CRFs generated in Acceliant
Data Management and other essential clinical data and documents captured by
the rest of the Acceliant eClinical Suite.
By offering the industry's only integrated data collection and medical image
management workflows and analysis solution, Afferenz continues to define the
future of clinical development through innovation.
Trial management: Afferenz's Acceliant Trial Management
module provides a fully integrated global solution for co-ordinating and managing
all clinical trial activities. With Acceliant Trial Management, bottlenecks
and other underperforming areas within trials can be easily identified. In addition,
Acceliant Trial Management's dedicated trial environment, messaging, task management,
and calendaring functions facilitate real time, two-way communication during
the conduct of trials.
The future and beyond
"As life sciences companies continue to rework their clinical research
processes, it is essential that they find a 'partner' with the technology, support
and services tailored to their clinical processes and business objectives. Our
mission at Afferenz is simpleto combine technology with process to accelerate
clinical development through efficient trial and data management," says
Kallol Biswas, Vice President of Afferenz. "Acceliant has been designed
with unparalleled flexibility to easily complement and leverage, not replace
an organisation's existing infrastructure and technology investments. And by
offering the industry's only integrated data collection and medical image management
workflows and analysis solution, we continue to define and shape the future
of clinical development through innovation. We look forward to building on our
past experience and success to continue to meet each organisation's clinical
requirements today and beyond," he adds.
(The author is the Marketing Manager of Afferenz (Life Sciences
Division of Megasoft Ltd. He can be contacted at abilash.mr@megasoft.com)
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