AstraZeneca Select ArisGlobal LifeSphere Safety - Risk Management™
ArisGlobal, a leading provider of integrated, cloud-based software solutions for life sciences announces LifeSphere Safety - Risk Management™, a multi-tenant, cloud-based solution that offers a comprehensive set of data analytics, workflow and reporting tools for end-to-end signal detection and risk management.AstraZeneca, a leading global, science-led biopharmaceutical company, recently signed a multi-year agreement with ArisGlobal for LifeSphere Risk Management (formerly known as agBalance) to replace its current signal management platform. The AstraZeneca project, dubbed 'Next Generation Signal Management' or NGSM, will handle their end-to-end signal surveillance capabilities within a single interface."NGSM will bring enhanced safety signal surveillance, detection and evaluation capabilities for us at AstraZeneca and for our third-party service providers, ensuring that we meet both internal and external expectations for the safety and well-being of patients using our products," remarked Shamik Parikh, AstraZeneca's Vice President and Head of Patient Safety Center of Excellence."This newest ArisGlobal offering gives today's life sciences company the leading technology necessary, such as cognitive computing capabilities and multi-tenant cloud deployment, to realize significant efficiencies and effectiveness across their processes," said Sankesh Abbhi, ArisGlobal Managing Director, Global Delivery, Product Strategy and Business Excellence. "Customers can now more easily have a full view of the landscape of a given product to better evaluate and make informed benefit-risk based decisions that ultimately help ensure patient safety."Risk Management, a key solution within LifeSphere Safety™, the multi-tenant cloud Pharmacovigilance and Safety platform suite first announced on May 2, 2017, delivers significant improvements including:
- Smarter signal detection algorithms to reduce noise-to-signal ratio
- End-to-end workflow to streamline signal detection, signal management and risk management planning activities and to capture the full range of decisions from identification to actions
- A user-friendly graphical interface supported by advanced analytics, visualization and computational engine
- Comprehensive reporting capabilities to support regulatory and business requirements including Compliance, Inspections, PBRER and KPI
- Ability to capture and analyze social media sentiment through natural language processes for comprehensive analysis