Indian pharmacovigilance consulting and drug safety services company, Oviya MedSafe, has signed an agreement with British software development company Assured Information Systems to combine the former’s drug safety services with the latter’s hosted pharmacovigilance database product PV247, to offer intuitive end-to-end pharmacovigilance support to the global pharmaceutical industry. This strategic alliance aspires to promote the adoption of drug safety systems, especially among small and mid-sized pharmaceutical companies throughout the world, by delivering comprehensive pharmacovigilance solutions in a cost-effective and user-friendly manner.
Dr J Vijay Venkatraman, Managing Director and Chief Executive Officer, Oviya MedSafe indicated that the alliance has happened at the right time. “As drug safety regulations begin to tighten globally, investing in pharmacovigilance becomes inevitable for all pharmaceutical companies”, he said.
He added “With Oviya MedSafe’s increasing recognition as a quality-conscious yet cost-effective pharmacovigilance service provider in the market since the past two years, our strategic partnership with Assured Information Systems, an established company with similar values, will help in achieving our shared goal of providing affordable, simplified yet reliable drug safety support.
Dr Alan K Rawling, Managing Director, Assured Information Systems said “This partnership with Oviya MedSafe recognises the need to provide a total pharmacovigilance solution that addresses the challenges of regulatory compliance, electronic reporting and signal detection. Combining our software and services expertise offers a unique proposition to pharmaceutical companies of all sizes within the Asian continent and globally to companies wishing to outsource to India.”
EP News Bureau– Mumbai