Life Science Businesses Focus on Growth

Life Science Businesses Focus on Growth

Growth, research and management are keys to business success in life science companies. To achieve success, you need to be able to focus on your business objectives.

Companies are turning to Life Science Launchpad, a turnkey managed solution hosted in the cloud and designed for growing life sciences companies. With Life Science Launchpad, you’ll have the ready-to-use data security, maintenance, support and compliance tools you need.

Life Sciences Launchpad saves time and money while allowing your team to focus on your mission, not your technology.

Compliance and Risk in the Life Sciences
Life sciences companies face significant complexity and risk regarding two core issues — compliance and security.

Compliance is an intertwined series of regulations and mandates from domestic and international regulators. According to Deloitte, life science companies will need to address the following in 2019:

• Drug price ceiling mandates from the U.S. Health and Human Services department
• Increasing state mandates to report drug prices or price increases
• Trump administration policy recommendations to lower drug prices
• Value-based purchasing agreements in several states
• A looming 2020 deadline for compliance with the European Union’s Medical Device Regulation (MDR) mandate

Security concerns are heightened for life sciences companies, which collect, store and use sensitive information that is particularly enticing to hackers. Comprehensive security services are required to protect personally identifiable information, personal health information, intellectual property, hardware, websites and devices. If the primary asset and value of a startup life science company is their Intellectual Property, then a strategic effort must be made to protect it.

What Is Life Science Launchpad?
Life Science Launchpad is a comprehensive suite of tools to optimize the storage of, access to and monitoring of your data and systems as well as predefined templates to help with regulatory submissions. It is a preconfigured solution that allows you to focus on your research, products and customers.

Life Science Launchpad includes a secure worldwide technology infrastructure:

• Unlimited end-user help-desk support, 12 hours a day, 5 days a week in the end-user’s time zone
• Network and device-level security tools with malware protection
• Data storage backup and protection that addresses compliance mandates
• A cloud directory for all users and resources
• Mobile device security and management
• Audit Ready Compliant Cloud (ARCC) with components for validated content management and collaboration space for business, research and compliance.

Core Advantages to Life Science Launchpad
Life Science Launchpad Advantages:

• Support. Your employees will have access to expert support for software applications and hardware and network issues. Reduce downtime by accessing remote support professionals who resolve problems quickly.
• Compliance Audit Readiness. Life Sciences Launchpad is built on the Audit Ready Compliant Cloud (ARCC) with components that include a validated content management and collaboration space for business, research and compliance. If you are using Box or Dropbox that doesn’t provide your regulatory requirements, then switch to a compliant solution built on ARCC.

 Core features of the compliance solution include:

• Life science basic departmental content libraries with easy to use collaboration sites for:
  • Medical writers
  • Data management consultants
  • CRO and clinical partners
  • Legal and business consulting partners
• Pre-Qualified SharePoint/SQL data environment for validated applications
• Advanced capabilities beyond Life Science Basic include:
  • Template resources for compliant content management and electronic common technical document (eCTD) publishing
  • Submission-ready PDFs configured to the Drug Information Association electronic document management (DIA EDM) and electronic trial master file (eTMF) reference models
  • SOP, Quality and Training Management solutions
  • Pre-configured PDF rendering workflows using the Adlib Enterprise Engine
• Data Security and Backups. Life Science Launchpad uses Insync technologies to back up your data and keep it protected, since life sciences companies are particularly vulnerable to cybercrime.

Mobile Security. Cloud-based solutions allow access to information from anywhere on any device. To protect those devices, your company needs management and recovery tools for lost or stolen devices.

The Life Science Launchpad is the smart choice to keep your data accessible, protected and compliant. BCS is the leading provider of managed IT solutions for growing life science companies. To learn more about Launchpad and our other services, contact us today.