PRZOOM - /newswire/ -
Redwood Shores, CA, United States, 2014/09/23 - Integrated safety management system powers data-driven decisions and scales to support international expansion - DongA-ST.com / Oracle.com. NYSE, NASDAQ: ORCL
Dong-A ST, a South Korean pharmaceutical company planning an international market expansion, needed to digitize and streamline safety information management from pharmacovigilance processes in order to optimize global regulatory compliance and drive better decision making. The company deployed Oracle Argus Safety as its pharmacovigilance platform, enabling it to rapidly and efficiently create regulatory reports and easily grow to support its expansion strategy.
To support its growth plan, Dong-A ST used Oracle Argus Safety to create a database containing comprehensive safety data from its pharmacovigilance process. Pharmacovigilance is the scientific discipline that focuses on drug safety.
With Oracle Argus Safety, Dong-A ST then digitized safety data collected from its pharmacovigilance processes, eliminating time-consuming manual data consolidation. Streamlining the process helped Dong-A ST’s executives make faster, data-driven safety management decisions across its product portfolio.
The Oracle solution’s integrated database management, standardized workflows, and automated reporting also helped the company rapidly and efficiently create reports to support domestic and international regulatory compliance, including safety information management requirements.
This is the first implementation of Oracle Argus Safety in South Korea, giving Dong-A ST a competitive advantage via an integrated system for managing safety information that can scale to support international expansion efforts. Dong-A ST selected Oracle Argus Safety in November 2013.
Dong-A (donga-st.com) selected TAKE Solutions as its implementation partner based on that company’s deep experience with Oracle Argus Safety. A Gold level member of Oracle PartnerNetwork (OPN), TAKE worked effectively with Dong-A in all aspects of installation, data migration, and validation.
“Dong-A ST is the first South Korean pharmaceutical company to deploy Oracle’s industry-leading pharmacovigilance solution, Oracle Argus Safety. The company created an integrated system for managing safety information, helping it gain a competitive advantage in its market segment,” said Steve Rosenberg, senior vice president and general manager, Oracle Health Sciences.
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