Octagon Research Solutions Previews Viewpoint® Process Management Tool At 39th Annual DIA Show
AT THE 39TH ANNUAL DIA MEETING, SAN ANTONIO, TX - June 16, 2003 - Octagon Research Solutions, a leading provider of regulatory, clinical information management, process and information technology solutions to the life sciences industry, announced today that the Company will preview its ViewPoint process management tool at the Drug Information Associations 39th Annual Meeting in San Antonio. The product will officially launch in September 2003. ViewPoint is the first of Octagons suite of VantagePoint branded technology solutions and products designed to support the complex electronic regulatory submission development process. Other VantagePoint branded products will roll out later this year.
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).
?Regulatory agencies are encouraging the pharmaceutical industry to provide electronic submissions and industry is responding not just because of the 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 clinical research function.
Kirk Gallion, CTO at Octagon, added, Octagon’s ViewPoint® technology 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. 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. The scheduled release date for the product is September 2003. Beta tests are currently underway. To schedule a demo with your organization, please contact Monique Garrett, 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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