Clinical Trial Supply Management

Clinical trials today are taking longer than they have done in over 10 years, with drugs in the US taking 7.0 years on average to pass through clinical development. In contrast, the time taken for a drug to gain FDA approval has fallen to 1.5 years (2002-04) As the industry continues to examine ways to optimize drug development while reducing costs, CTSM has been identified as the source of competitive advantage. Clinical Supplies have to handle more and more throughput. Improving the manufacturing, packaging & shipping processes by factor 3 could actually accelerate revenues by $100 Million for a $1 billion drug.

HCL AXON along with SAP, SupplyScape & Aris Global has created an End to End Clinical Trial Supply Management (CTSM) solution.

A comprehensive Clinical Trial Supply Management Solution is key to accelerating clinical trials and gaining the competitive advantage. The solution contains integrated collaborative system, collaborative demand planning, supply performance measurement (eg - KPI's measured: on time, right quality and quantity), faster clinical supply availability at study site after order and reduced clinical supply chain cycle time, increased manufacturing utilization & reduced inventory overage.

To know more about Clinical Trial Management System (CTMS) click here.