In the pharmaceutical space, the total cost of launching a new product has increased five-fold since the 70s. Apart from expensive product recalls, the industry's R&D expenditure has grown over 25 times in the same period while R&D productivity has fallen.
Increasing regulatory pressures are compressing the window of time available to market a drug and recover investments. However, the global demand for drugs continues to rise.
Introducing Lorven’s Solutions for the Pharmaceutical Industry
Lorven provides solutions that help pharmaceutical companies increase productivity, R&D collaboration and cooperation while outsourcing their non-core functions.
IoT Solutions
Cloud Solutions
Application Development Solutions
Data Analytics and Visualization
IT Consulting & Staffing
Key Features
Clinical data management
Pharmacovigilance and drug safety monitoring
Supply chain management
Regulatory compliance
Sales force productivity
Interactive training