Business Chief Europe Magazine March 2015 | Page 143

HEALTHCARE on pharmacoepidemiological studies , in essence creating a Latin American centre of excellence for the real-world evaluation of safety and effectiveness of marketed treatments ”, shared Emmanouil Rampakakis , Vice President of Scientific Affairs .
In the last few years , JSS Medical Research has experienced a 20 percent annual growth in revenue , which is above the industry standard . As part of its growth strategy , JSS Medical Research realized two M & As , Integrated Research in Canada and LatAm Clinical Trials in Latin America .
“ This augmented the JSS Medical Research operational and regulatory expertise and solidified its presence in Latin America , increasing our geographic reach and our ability to conduct global multi-country studies ,” said Rampakakis .
Technology in Research The past decade has been an exciting era of change and maturation for the CRO industry . The increased financial pressure on the pharmaceutical industry with the expiration of patents on blockbuster drugs and the demand of healthcare payers for clinically and economically better drugs mandated the parallel adaptation of the CRO industry . Concepts like risk-based monitoring , patient reported outcomes using mobile applications , cloud-based systems , and electronic health records which seemed a luxury a few years ago have become or are becoming industry standards .
Innovations in technology are playing a major role in the pharmaceutical industry , in an effort to improve efficiencies , save time , and reduce costs . “ Real-time ” mechanisms of data collection and patient oversight translate into improved patient management . And , in the end , this is what it ’ s all about – making a positive impact on a patient ’ s life .
Companies that continue to leverage technology , improve their efficiency and maintain a strategic focus will add value to the clients . To this effect , JSS Medical Research recently implemented an internal web-based project management software , which features enterprise work management ,
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