From IT To Pharma, Satyam Computer Services Helps Speed Up Drug Development
posted in Outsourcing News and Top Outsourcing deals |Source: www.business-standard.com
Satyam Computer Services Limited, one of India’s leading IT services and consulting firm is working with 4-5 pharmaceutical companies, to help them achieve a faster turnaround time in drug development, which in the normal course of things can take anywhere between 15 to 20-years, before a new product is ready to hit the drug stores.
Responsible for providing an integrated solution to the pharma firms for different stages of drug development, including analysis, validation process and better targeting, Satyam will also cover clinical trials.
This strange mix of IT and Pharma may come as a surprise to many, however, it is nothing but another frontier for the IT industry to conquer! Since, clinical trials form the most time-consuming part of a drug development project, IT tools can help drug firms to significantly reduce time, assist in speedy consolidation and evaluation of patient data.
Ram Mynampati, President – Satyam (Commercial and Healthcare business), without revealing any names his firm will be working with, said Satyam’s IT solutions would substantially reduce the time cycles of drug development programmes, resulting in a huge saving for pharma companies in terms of investment and time.
Currently, the Satyam team consists of 40-Ph.D. scholars and medical doctors to help design the applications required in a drug development programme.
This is an evolution in Satyam’s 20-year journey, from implementing SAP to direct involvement in their business development, as the IT firm is demonstrates its capability to thresh out workable pharma industry solutions.
As well, over 20-pharma firm, such as, Glaxo SmithKline and Novartis, will also be the recipient of Satyam’s consulting and IT services for front end and back office operations.
Breaking new ground, Satyam proves IT firms are not just about writing code!
