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OCTAGON RESEARCH SOLUTIONS LAUNCHES VIEWPOINT® PROCESS MANAGEMENT TOOL

ViewPoint® is First Process Management Software Tool Specifically Designed to Support Submission Strategy and Development

KING OF PRUSSIA, PA - December 16, 2003 - Octagon Research Solutions, a leading provider of regulatory, clinical information management, process and information technology products and services to the life sciences industry, announced today the launch of its ViewPoint process management tool. ViewPoint is the first of Octagon’s suite of VantagePoint branded solutions and products designed to support the complex electronic regulatory submission development process, including CTD and eCTD. Other VantagePoint branded products and services will roll out in 2004.

ViewPoint allows project managers to monitor and control every aspect of complex submissions through automated workflow management, unobtrusive metric collection, scenario modeling, issue tracking and flexible task assignment (patent pending). Industry-specific business logic is incorporated into templates that include predefined workflows and submission structures.

"Regulatory agencies are encouraging the pharmaceutical industry to provide electronic submissions and industry is responding not just because of these initiatives but because of the business efficiencies inherent in working digitally,” said James C. Walker, president and CEO at Octagon. "ViewPoint enables project managers and senior management to view the status and timing of their submission in real-time. The tool reflects the process-centric approach that our clients need to remain competitive by offering cost savings, significant risk reduction and quicker time-to-market.”

Experience with thousands of documents and data sets in the context of technologies and processes that support compilation of a submission are incorporated in the software, giving the process manager an unprecedented ability to monitor and even automate the collection of process metrics. In addition, the program provides project managers with a standard to measure the speed at which components of the submission are completed by including a set of assumed metrics that incorporate best practices unique to the submission development process.

Walker added, "We recognized the need to maintain accountability for each component of a submission throughout the entire submission lifecycle. ViewPoint evolved from this need. It was built based on our management team's domain knowledge and practical submission experience.”

“ViewPoint is based on practical industry experience. The software addresses difficulties in capturing, presenting and analyzing real-time process metrics, giving users a new perspective on monitoring and controlling the submission development process,” added Kirk Gallion, CTO at Octagon. "The system's modeling logic helps identify potential bottlenecks or other problems earlier in the process, avoiding or reducing the chance of last-minute delays.”

To schedule a demo with your organization, please contact Monique Garrett, Octagon’s vice president, marketing and communications, at 610-265-8300.

About Octagon Research Solutions, Inc.

Octagon is a leading process-centric solutions provider that offers a suite of regulatory, clinical, process and IT solutions to the life sciences industry. Octagon synchronizes processes and increases automation to reduce island-to-island inefficiencies within the clinical research and development process. We leverage the power of electronic submissions through cross-functional eSub expertise, a holistic process approach, deep domain knowledge and creative use of technology. Octagon is headquartered in King of Prussia, PA, with an office in Boston, MA. For more information please visit www.octagonresearch.com.

 

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