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Benefiting from BPM
November 2009
SHARING OPTIONS:
SANTA CLARA, Calif.—Savvion and Patni Life Sciences have
entered into a strategic partnership to jointly deliver business process
management (BPM)-enabled solutions for clinical operations on top of Savvion’s
life sciences foundation.
Savvion and Patni will apply their expertise and experience
to help pharmaceutical, medical device, biotech and clinical research
organizations (CRO) meet the unique business, regulatory and information
technology challenges they face across the drug development life cycle.
Financial terms of the agreement were not released.
According to Pejman Makhfi, Savvion’s vice president of
business solutions, this isn’t the first time the two companies have worked
together. Patni has been an implementation partner of Savvion, he says.
“Patni Life Sciences has the industry knowledge, experience
and reputation that we were seeking in a partner,” he says. “Furthermore, they
have a business process management (BPM) practice, which made them the ideal
candidate.”
Bridgewater, N.J.-based Patni Life Sciences has a regional
operations center in Noida, India. The company has more than 20 years of
experience in the life sciences industry and integrates business, information
technology and regulatory expertise to deliver leading-edge solutions to its
life science clients.
Makhfi points out that expediting the complex global
regulatory process governing drug trials is a major challenge for life sciences
firms. A major obstacle is how to reduce the time to get new drugs to the
market while still maintaining the highest quality standards, he says.
As a result, Makhfi says the focus of the collaboration is
“to combine Savvion's expertise in business process management and Patni’s deep
pharmaceutical experience to jointly deliver BPM-enabled solutions to the life
sciences industry.” The partnership between Savvion and Patni meets this
challenge by combining Patni’s decades of experience in IT and scientific
consulting with Savvion’s 14 years of experience in optimizing and automating
business processes.
The outcome of the partnership will assist life sciences
organizations in streamlining their drug development and clinical trial
operations—all while leveraging their existing information technology
infrastructure investments. By optimizing the drug development life cycle,
customers will be able to lower the time and cost of delivering compliant, safe
and reliable drugs to the marketplace.
The partnership signifies Savvion’s commitment to this
market segment, where the company offers targeted Savvion’s “BPM-enabled”
applications that allow it to model, simulate, optimize and execute various
collaborative clinical operational processes built on top of its robust and
proven BPM platform and life sciences foundation.
Makhfi also notes that the collaboration will foster cost
and risk reduction “through predictive warnings and timely escalations” and a
“reduced cycle-time, increased flexibility and more accurate decisions which
result in better resource utilization.”
Roy Devine, associate vice president of consulting services
at Patni, says Savvion proved to be a good partner for Patni because of its
“support for security and life sciences standards, as well as the open
architecture, frameworks and business accelerators that are life science
industry-specific for quick ROI and deployment of clinical operations solutions.”
Devine also notes that drug trial managers face myriad
challenges.
“They must deal with expiring drug patents, dwindling drug
pipelines, escalating costs of clinical trials, and increasingly stringent new
regulatory guidelines that delay time to market,” he says. “This new
partnership will enhance Patni’s consulting practice by allowing us to offer
Savvion’s pioneering BPM technology along with Patni’s regulatory and IT
expertise to help our clients remain competitive.”
Makfhi notes that the agreement does signal an expanded
commitment by Savvion in the area of CROs.
“As part of our strategic focus, we are fully committed to
the life sciences industry,” he says. “We are aggressively expanding our
capabilities and programs to support an industry that could greatly benefit
from BPM.”
Moreover, Makhfi further points out that the partnership
opens new doors for Savvion.
“With Patni’s domain expertise in life sciences and
Savvion’s track record for automating complex business processes, we can work
together to give the drug industry BPM-enabled solutions to easily meet complex
and ever-changing regulatory requirements and shorten the time to market for
new drugs.”
The collaboration isn’t limited to the CRO space, instead
covering the broader pharma and life sciences industry. Makhfi notes that the
two companies can work together to help CROs meet new challenges of today’s
industry by “adding efficiency, visibility and agility to the business
processes and improving overall business performance.”
Gauging success of the collaboration should be a fairly
simple effort, concludes Makhfi. The partners are seeking increased visibility
into end-to-end processes, anywhere from investigators selection and site setup
to patient onboarding, study conduct and closure; cost and risk reduction
through predictive warnings and timely escalations; and reduced cycle time,
increased flexibility and more accurate decisions which result in better
resource utilization.
“All together, we expect our customers to see an average
improvement of 30 percent in running clinical trials,” he says. “This may well
be in simple savings and cost reduction, but more often, it is a reflection of
the increased capacity and efficiency of the processes.”
Code: E110923 Back |
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