Virtify and Huron Life Sciences Team to Offer Clinical Trial Disclosure Solutions for the Academic Research and Pharmaceutical Industry Markets
CAMBRIDGE, Mass., March 13, 2012 /PRNewswire/ -- Virtify, Inc., the market leader in Structured Content Management software solutions for life sciences, and Huron Consulting Group's Life Sciences practice, a leading provider of compliance and operational improvement services, today announced an alliance that combines the technology of Virtify, Inc. and the implementation and business process expertise from Huron Life Sciences. The alliance addresses the growing challenges academic and research organizations and pharmaceutical companies face with clinical trials registration and results disclosure. These organizations will be able to leverage Virtify's proven clinical disclosure solution combined with Huron Life Sciences' expertise.
The old paradigm for managing disclosure throughout the clinical trial process has changed. Many organizations, including those at academic and research organizations, manage clinical trial disclosure manually. Due to the large number of disparate, investigator-driven studies at these institutions coupled with constant updates to these studies and compliance challenges with increasingly complex disclosure requirements, using these manual processes has become cumbersome and often error-prone.
"Huron Life Science's alliance with Virtify will help improve clinical trials transparency and reporting for our clients in the pharmaceutical and medical devices industries as well as supporting healthcare providers and academic medical centers," said Paul Silver, Managing Director and Huron Life Sciences solution leader." We are pleased to be working with Virtfiy on this exciting opportunity, and to help solve these challenges for our clients."
Virtify's CTRR (Clinical Trial Registration & Results) software helps streamline and automate the mandatory registration and results disclosure postings to the clinicaltrials.gov website and to other international registries. The software also has the ability to provide a compliance view across all studies at an institution, allowing for better reporting and proactive compliance. Huron Life Sciences has extensive experience supporting academic and research institutions in managing complex clinical trials and regulatory compliance. Huron Life Sciences' expertise adds tremendous value in collaboration with the Virtify CTRR. The combined offering gives academic and research organizations an opportunity to address an area of compliance that has often been overlooked.
"Clients looking to improve the quality and timing of their disclosures to regulatory authorities can now combine the robust technology of Virtify and the deep expertise of Huron Life Sciences in addressing clinical trial disclosure," said Matthew Lester, Managing Director, Huron Life Sciences. "Using our combined strengths will not only help these institutions improve compliance, but will continue to allow their trial results to be published in industry medical journals."
"Huron Life Sciences' unique position in the academic and research marketplace makes this alliance very synergistic for both parties. Virtify CTRR will help these institutions automate compliance of a very de-centralized set of processes, allowing them to become fully compliant in their disclosures," says Satish Tadikonda, Virtify's President and CEO.
About Huron Life Sciences
Huron Life Sciences serves healthcare providers, academic medical centers, pharmaceutical, medical device, and biotechnology companies and the law firms that support these organizations to define, measure, and achieve financial, operational, and strategic objectives. Learn more at www.huronconsultinggroup.com/lifesciences or follow us on Twitter: @Huron.
Virtify is the market leader in Structured Content Management software solutions for life sciences. Organizations rely on Virtify solutions to reduce time-to-market, risk, and costs by managing and automating the complex regulatory compliance and content exchange requirements throughout the product life cycle. Virtify's easy-to-use software suite is the industry's only solution to provide a secure, collaborative, web-based environment for managing regulated content throughout the entire continuum – from pre-clinical through product registration to commercialization. www.virtify.com
SOURCE Virtify, Inc.