The solution, delivered by Patni Life Sciences, is one of the first to provide a cost-effective, unique service for drug makers and pharmaceutical customers of all sizes with an integrated ITO and BPO capability to improve and streamline case processing functions. PatniADEPT leverages industry-leading software that provides hosted support for the global collection, coding, assessment and reporting of adverse event data. |
"Safety and on-time reporting are top-of-mind issues for the many drug companies we work with, and we developed PatniADEPT to both help companies properly address those challenges and streamline their product delivery," said Mark Kolb, SVP, Patni Life Sciences. "We have the experience in life sciences markets, a proven global delivery model and the partnerships with industry-leading technology platforms to deliver the services clients need to measure up to the highest standards in the adverse event case processing field."
Additionally, PatniADEPT incorporates Signal Intelligence-PV™, Patni's advanced visualization tool for signal detection and data mining. This tool delivers intuitive analyses of the company's safety data, plus a comparison to related safety information in the FDA's Adverse Event Reporting System (AERS), a computerized information database designed to support the FDA's post-marketing safety surveillance program for all approved drug and therapeutic biologic products. The integrated approach ensures compliance with FDA's Good Pharmacovigilance Practices.
PatniADEPT provides outsourced AE case processing to clients using industry-leading technology platforms including ARISg™ from Aris Global (www.arisglobal.com), a leading provider of software solutions for life sciences. Patni also provides services based on a client's in-house technology platform.
"We are happy to be working with Patni, a recognized global leader in Life Sciences consulting, IT and BPO services," said Richard Jenkins, Global VP of sales for Aris Global. "The power of our Total Safety™ platform for facilitating regulatory compliance and managing risk coupled with Patni's BPO expertise is the type of end-to-end solution that pharmaceutical and biotech corporations are looking for."
Patni provides cost-effective business process outsourcing services including the following:
Overall analysis and trending of cases (signal detection), to provide a clear picture of any emerging safety issues and potential signals
Patni Adverse Event Processing Technology encompasses a wide variety of functions relating to a patient experiencing an undesired effect from a pharmaceutical product or device. Facets include data entry, coding, medical assessment, quality control review and correction, regulatory reporting, follow-up case management and signal detection.
"In this state of heightened regulatory and safety compliance, life science companies must be proactive in their pharmacovigilance activities, but few have the resources to do so," said Ruchi Mallya, pharmaceuticals and vertical markets technology analyst with Datamonitor, Inc. "PatniADEPT would allow companies to focus their energies on their core expertise - drug discovery and development, while leaving the adverse event processing to those with more experience."
About Patni
Patni Computer Systems Limited (BSE: PATNI COMPUT, NSE: PATNI, NYSE: PTI) is a global provider of IT Services and business solutions, servicing Global 2000 clients. Patni caters to its clients through its industry-focused practices, including insurance, financial services, manufacturing, life sciences, telecommunications and media & entertainment, and its technology-focused practices.
With an employee strength of over 15,000; multiple global delivery centres spread across 11 cities worldwide; 22 international offices across the Americas, Europe and Asia-Pacific; Patni has registered revenues of US$ 663 million for the year 2007. Patni's service offerings include application development and maintenance, enterprise application solutions, business and technology consulting, product engineering services, infrastructure management services, customer interaction services & business process outsourcing, quality assurance and engineering services.
Committed to quality, Patni adds value to its client's businesses through well-established and structured methodologies, tools and techniques. Patni is an ISO 9001: 2000 certified and SEI-CMMI Level 5 (V 1.2) organization, assessed enterprise wide at P-CMM Level 3. In keeping with its focus on continuous process improvements, Patni adopts Six Sigma practices as an integral part of its quality and process frameworks.
For more information on Patni, visit www.patni.com.
Safe Harbor:
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, liability for damages on our service contracts, the success of the companies in which Patni has made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. The company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.
