| Option Matrix Industry Solutions - Pharmaceutical Applications |
| Option Matrix's offers solutions and services in pharmaceutical and related industries like active pharmaceutical ingredient and custom pharmaceuticals services, specializes in application and data integration, designs efficient business workflow, and develops web services using cutting-edge technologies. |
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| The key focus areas of this group are to provide End-to-end solution aimed at addressing challenges across the value chain. |
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| Please fill up the form below and we will submit a proposal for your project. Alternatively, you can send email to contact@optionm.net with the project requirements. |
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| What is pharmaceutical? |
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| Pharmaceuticals (Drug) are substances that are aimed to cure, prevent, or recognize diseases and relieve pains through their application in the organism. The substance used in the diagnosis, treatment, or prevention of a disease are a component of a medication. These substances are recognized or defined by the US Food and Drug Administration. |
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| Overview |
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The pharmaceutical industry continues to encounter challenges and opportunities in leveraging technology to enhance innovation in product development. Currently, the process is very lengthy, labor-intensive and highly regulated.
Many drug companies are hampered by legacy IT systems and multiple, disparate data sources that are resident internally and externally. Unfortunately, the industry has been slow to adopt the Internet and other electronic technologies that can improve the way it implements clinical trials and other stages in the manufacturing process.
Leveraging Electronic Data Capture, remote site monitoring and management, computer modeling of clinical side effects, and other technologies will bring significant savings and speed to drug discovery and development. The pharmaceutical industry has to take opportunities in leveraging technology to enhance innovation in product. |
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| Click here to submit your project requirements to Option Matrix, India. |
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| Industry Classification |
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| Option Matrix uses NAICS (2002) classification to determine its coverage in the Pharmaceutical industry. We conduct campaigns and track the opportunities in the following segments of the Pharmaceutical industry. |
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| Manufacturing biological and medicinal products. |
| Processing (i.e., grading, grinding, and milling) botanical drugs and herbs. |
| Isolating active medicinal principals from botanical drugs and herbs. |
| Manufacturing pharmaceutical products intended for internal and external consumption in such forms as ampoules, tablets, capsules, vials, ointments, powders, solutions, and suspensions. |
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| Trends & Challenges |
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| The pharmaceutical industry is faced with the challenge of surviving and succeeding in an environment that has become more complicated and uncertain, and one that is characterised by rapid developments in science and technology, and organisational change. |
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| One of the major challenges faced by the pharmaceutical industry is to reduce the time and effort involved in getting a drug to the market. |
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| Increasing use of IT solutions in the drug discovery processes and the clinical trial stages have meant significant reduction in the time to market of blockbuster drugs. This has also been facilitated by the support provided by software solutions in the area of electronic data management, e-clinical trials and outsourcing of the IT requirements of R&D, thus easing the burden on pharmaceutical companies. |
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| Click here to submit your project requirements to Option Matrix, India. |
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| Solution Framework |
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| Option Matrix has targeted small and medium sized enterprises in the Pharma industry and identified solutions which are useful for these businesses. Here is the list of software solutions offered by Option Matrix to the Pharma industry: |
| B2B Integration of Pharma companies with suppliers |
| Function Automation & Integration |
| Purchasing and Material Management (Inventory Control) |
| Equipment Maintenance |
| Lab Management |
| Billing and Accounts Receivable |
| Library Management |
| Production Management |
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| Electronic clinical trial Records of R&D |
| Content Management |
| Customer Support |
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| Experience Portfolio |
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| Stage |
Description |
| US based Client - Promotional Agency for Drug Rehabilitation |
Online lead generation website has a dynamic content management system and an enquiry form that patients can use to request for services and help. |
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| Click here to submit your project requirements to Option Matrix, India. |
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