Solutions for Medical Device Manufacturers
The
path from medical solution discovery to its actual delivery to
patients is often long and costly, taking on an average of 5+
years of research and development and may often require an estimated
investment of over 11% of your company’s annual Sales for
R&D before Food and Drug Administration (FDA) approval is
obtained. In parallel to this process is ramping up for both
approved product production and that products associated marketing
campaign, with an estimated 33% loss of revenue for each day
of delay in delivering a new medicine to market.
Hand-in-hand with this medical device and product development
process are the intense business and regulatory compliance
demands that must be adhered to in order to mitigate any non-compliance
conditions
to help ensure the timely release to market for any new product,
as well as, existing product lines.
Industry Challenges
A medical device company's ultimate goal is to produce a safe,
reliable, and effective product. We at ThinSpring acknowledge
that a certain level of reliance is placed on product and service
providers that thoroughly understand the technical constraints
and requirements of medical device product development and
release processes, including the designing, implementing,
validating
and sustaining of compliant support systems. Included in this
challenge is the management of global quality initiatives that
drive continual improvements throughout the enterprise.
Solutions
At ThinSpring, we understand that compliance activities do
not exist in a vacuum and that they can substantially impact
your
company’s core business processes. To help your company
meet these challenges ThinSpring has developed the fully-web
based XML Sage™ Modular Software Application Suite that
is deployed from a centralized location and available to members
of your company’s multi-national teams. This connectivity
helps promote quality throughout the enterprise by allowing the
management of multiple initiatives that can be continuously monitor
and proactively improve the quality process.
The XML Sage™ Modular Software Application Suite, is a
XML based software product, developed to provide an information
infrastructure that supports both your drive for operational
excellence and your need for accurate, timely compliance to agency
regulations or business process need. Flexibility and scalability
are at the heart of any XML Sage™ Modular Software Application
Suite solution, meeting stringent regulatory demands in a secure,
role based, password encrypted web-based environment that provides
a true enterprise approach to:
- Quality Systems and Process Management
- Product Lifecycle Management
- Tracking and management of costly Auditing and Validation
activities
- Tracking of Clinical Trail activities, trail approval
status, qualified sites and resources
- Product Information Labeling and Labeling Submissions
Management
- Business Continuity Management
Easily configurable, the XML Sage™ Modular Software Application
Suite provides business process solutions that are easily modified
to incorporate your specific terminology, workflow, and business
rules. As the dynamics of your industry changes, you’ll
be reassured to know that, when and if you need it, the scalability
of the XML Sage™ Modular Software Application Suite will
allow you to easily change your solution to meet the continually
advancing requirements around the specialized business needs
of your operational processes.
Offering a complete collaborative environment, the XML Sage™ Modular
Software Application Suite delivers a powerful, interactive knowledge
sharing tool that supports open communication on a global level,
allowing your multi-national team to exchange ideas, share valuable
knowledge and address tasks or activities all assessable through
their local browser.
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