The country's second largest software services firm Infosys launched a cloud-based version of its clinical trial supply management solution (CTSM) that will offer pharmaceutical firms Infosys launched a cloud based solution clinical trial supply management solution (CTSM) for pharmaceutical companies to market their drug for less costs compared to present.
It is an advanced version of present premise version and it provides tools to manage critical complex tools with the version of demand and supply planning and distribution. "Pharma companies spend billion dollars to launch a new drug. Also, the clinical trial process can last 10-12 years, following which they can a patent for 20 years. With the new solution, we wanted two things reduce cycle time and increasing cost effectiveness," Infosys senior vice president and Global Head.
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