The system is designed to help the life science industry better track spend and supply chain costs in the R&D cycle.
The international express delivery company TNT has released a web-based data management tool developed specifically for the clinical research sector.
The system, called TrialDat, is aimed at providing the life science industry a tool to manage end-to-end supply chain data on a single platform.
“As we enter into a new phase of clinical research growth due to the release of larger pipelines by the pharma industry, one of the key challenges facing the sector is how to bring new drugs to the market faster, while maintaining a tight control on [research and development] spend,” TNT said. “This is made even more difficult by the often fragmented clinical trial supply chain, a direct result of the growth of outsourcing strategies by pharmaceutical companies. In order to manage this effectively, the need for a bird’s eye view of global study data is becoming critical.”
TNT said it delivers more than 2 million clinical samples per year for around 400 clinical customers.
“TrialDat offers the ability to extract data on a micro and macro level,” TNT said. “This will enable all stakeholders to improve their global supply chain visibility and support better decision making for addressing the risk of study budget overruns. Furthermore, TrialDat’s powerful reporting function allows customers to generate their own reporting down to site level information. This will help with their overall productivity in terms of logistics management and resourcing costs.”
TNT releases new supply chain data management tool for clinical trials
