Pay-As-You-Grow Service Offering Delivers Competitive Edge to CROs looking for more Sponsors and Clinical Trials
CHICAGO, IL. DECEMBER 14, 2016 — ArisGlobal, a leading provider of integrated, cloud-based software solutions for life sciences, has announced a one-of-a-kind Agile clinical research organization (CRO) solution platform that provides transformational clinical development solutions to CROs of all sizes to help them accelerate clinical trials and grow their business with their sponsors.
The first-to-market Agile CRO program responds to the classic Catch-22 problem facing smaller and even mid-sized CROs: how to protect their businesses and even extend their reach by enabling them to run more trials with more sponsors, without the resources to purchase expensive validated tools and systems needed to meet stringent regulatory requirements.
According to Gartner’s Hype Cycle for Life Sciences, 2016 report: …“Controlling clinical resource costs will require a combination of tools and approaches, but this will evolve as demand for integrated solutions across all clinical trials and CRO partners seeks to create the holistic and integrated view of clinical studies that is required to optimize resources.”1
Responding to this pressing business need, ArisGlobal has created an innovative pay-as-you-grow pricing plan that provides low cost of entry, allowing an organization to implement a technology solution where they may have thought it was not possible before. The solution is flexible enough to meet short-term needs and at the same time is functionally complete enough to serve as entire research platform.
“The solution enables CROs of all sizes to compete in the market place,” says David Laky, Vice President and General Manager, Clinical Solutions. “This is irrespective of whether a CRO is using traditional CTMS and CDMS/EDC capabilities or adding new capabilities and potentially new revenue streams by implementing eTMF, auto-encoding, SUSAR distribution and tracking, clinical trial transparency reporting, or one or more of our other data driven functional modules.”
ArisGlobal’s Agile CRO program provides out-of-the-box solutions, spanning both clinical operations and clinical data management, built on industry requirements that can be configured to each CRO’s specific needs. The cloud-based platform also comes with an enterprise transaction layer or clinical backend as-a-service layer that enables integration to third-party or homegrown applications.
“The cloud-based platform includes built in workflow, notifications and alerts that enable real-time visibility to critical tasks and provides the capability to generate to-do lists,” says Philip Strickland, ArisGlobal’s Strategic Account Manager, Clinical Solutions.
ArisGlobal’s transparent and innovative pricing is geared toward how CROs interact with their customers. Certain modules are priced at the study level, while other modules are priced at the transaction level, but all modules are geared toward pricing on an as-needed basis.
“The pay-as-you-grow approach is devised to ensure flexibility so that CROs can direct their resources toward activities that will help them grow their business,” Laky adds.
1 Gartner, Hype Cycle for Life Sciences, 2016, July 2016
ArisGlobal’s cloud-based solutions support the life sciences and healthcare industries across the entire product life cycle including clinical development, regulatory affairs, pharmacovigilance and medical communications. Hundreds of drug and device manufacturers, CROs and regulatory agencies leverage ArisGlobal’s advanced technology solutions spanning regulatory information management, pharmacovigilance regulatory reporting, medical information and clinical trial management software to make better and more informed decisions, facilitate compliance, reduce risk, and improve operational efficiency. Headquartered in the United States, ArisGlobal has regional offices in Europe, India and Japan. For more information, visit arisglobal.com or follow ArisGlobal on LinkedIn and Twitter.