The modern healthcare industry constantly evolves, enabling groundbreaking advancements in technology and science sub-sectors. Despite these constant changes, Oracle Life Sciences emerges as a standout solution, empowering biotechnology, pharmaceutical, and healthcare organizations to navigate complex challenges and unlock innovations.
Read on to learn more about the Oracle Life Sciences data hub and how our senior-level Oracle consultants can lead your organization to long-term success.
What is Oracle Life Sciences?
Oracle Life Sciences provides technological solutions for biotechnology, medical devices, healthcare, and pharmaceutical companies. These solutions streamline the following processes to improve patient outcomes:
- Clinical trials
- Drug discovery
- Clinical development
- Regulatory compliance
- Post-market surveillance
- Pharmacovigilance
Oracle Life Sciences can streamline safety case management, unify clinical trial data, gather real-world confirmation from specific data sets, and steer brand strategy using commercial insights.
Oracle Life Sciences produces software services and products to help life sciences companies improve operational efficiency, effectively manage data, improve development and delivery efficiency for new medical and therapeutic products, and ensure regulatory compliance.
These solutions usually include tools for:
- Clinical trial management
- Safety reporting
- Electronic data capture (EDC)
- Real-world evidence generation
- Clinical data management
- Risk management
- Regulatory submissions
Oracle Life Sciences Solutions
Let’s take a look at the key capabilities of Oracle’s Life Sciences solutions:
Preclinical and early-phase planning support
Include patient voices in clinical trial design
Strengthen clinical trial procedures and improve regulatory impact by using patients’ real-world experiences and historical EHR data in designing new trials.
Provide reliable clinical trial planning budgets and predictions
Produce accurate, timely, and realistic forecasts based on industry standards and reduce trial planning time by 80%.
Evaluate opportunities with consistent epidemiology data
Gain a comprehensive view of disease distribution, incidence, and control.
Understand the history of diseases
Utilize a cohort study or patient registry to better understand and analyze disease progression, subpoints, and endpoints.
Prioritize and track oncology assets
Get your pipeline in order and optimize portfolios with oncology-specific expertise and data.
Develop products for uncommon diseases
Use specialized consulting services to guide treatment options and develop products for uncommon diseases.
Determine, evaluate, and rank candidates for in- or out-licensing
Analyze and compare the commercial potential of pharmaceutical assets and in- and out-licensing opportunities.
Create impactful brand strategies
Recognize the goals and requirements of important stakeholders
Assess the requirements, expectations, and experiences of healthcare professionals, clinicians, patients, and other key stakeholders.
Create and evaluate powerful brand strategies
Gain insight from professional services and analytics to maximize brand awareness and performance.
Consult industry experts to improve oncology initiatives
Utilize data, insights, and oncology-specific consulting efforts to facilitate successful commercialization and improve performance across oncology teams.
Manage challenges associated with products for rare diseases
Utilize comprehensive, scientific-based consulting to direct marketing efforts to treat rare diseases.
Evaluate and maintain your company’s reputation
Access evidence-based methodology to determine how stakeholders view your business and maintain a strong business presence across the industry.
View published and subscribed reports
Use easily accessible data and research to improve market analysis and enhance marketing efforts for better business performance.
Improve efficiency, data quality, and innovation
Use integrated workflows to accelerate study startup processes
Quickly choose and activate workflows to maintain budgets and timelines, track key metrics and benchmarks, and allocate resources more effectively.
Upgrade clinical processes
Automate clinical research operations and report on key study management data to improve productivity.
Improve safety decision-making
Automate safety case management to alleviate the burden of increasing caseloads while ensuring compliance with drug safety legislation and standards.
Simplify randomization and trial supply management (RTSM)
Regain control of critical RTSM processes and reduce the time required to complete early study build processes and mid-study adjustments.
Investigate trial issues with a single source of truth
Automate clinical trial data reconciliation and leverage a single source of truth to retain complete transparency and traceability across systems.
Combine information and save time
Consolidate data sets from multiple sources in a single location to gain insightful clinical conclusions and improve connectivity.
Process safety cases automatically
Reduce processing times by up to 50% and improve case accuracy and compliance through AI-product digital case intake.
Prove and communicate a dynamic value proposition
Create the best evidence method to reach target markets
Build dynamic pricing and value strategies for treatment access by gaining insights into clinical data and utilizing guidance from experts.
Confidently catch, evaluate, and track safety signals
Use proven algorithms created by top-of-the-line data scientists to streamline safety signal detection operations.
Access analytical and real-world data
Create an all-encompassing view of patients across locations, departments, and specialties.
Enhance your understanding of patients with practical, qualitative research
Discover critical insights into patient history, treatments, and medications to enhance document accuracy, validate claims, and improve research design.
Utilize patient-reported results to evaluate disease impact
Gain access to large, exclusive databases that support the presentation of products, emphasizing their uniqueness and overall value.
Use non-interventional studies to demonstrate the product value
Utilize observational research to clarify, support, and share the value of treatment options and promote the safety and efficacy of critical clinical products.
Assess stakeholder preferences to improve value offers
Determine and measure the preferences of caregivers, patients, and other clinical employees to maximize efficiency and promote better care.
Top 6 Benefits of Oracle Life Sciences
1. Improved Data Management
Effective data management is critical in the life sciences industry, where large amounts of data are generated and analyzed regularly.
Oracle’s Life Sciences solution allows organizations to centralize and manage various data types in one unified location. This approach to data management improves data accessibility, quality, and security, enabling better decision-making and accelerating clinical research initiatives.
2. Streamlined Operations
Life Sciences provides integrated solutions that streamline various healthcare management processes. Organizations can achieve greater operational efficiency and reduce time to market for new treatments by automating workflows and optimizing resource allocation.
3. Regulatory Compliance
Ensuring patient safety and product quality in the life sciences industry requires strict compliance with regulatory standards.
By offering solutions for regulatory filing, reporting, and compliance management, Oracle Life Sciences helps companies navigate complicated regulatory requirements and uphold compliance throughout the product lifecycle. By automating compliance procedures and ensuring data accuracy and traceability, Oracle helps companies reduce risk and avoid expensive regulatory issues.
4. Timely Clinical Trials
Clinical trials build the foundation of drug research, yet organizations frequently encounter difficulties, such as long timelines, high prices, and intricate regulatory constraints.
Oracle Life Sciences provides clinical trial management, electronic data capture (EDC), and regulatory compliance products to improve data quality, accelerate approvals, and streamline trial workflows. Organizations can enhance healthcare outcomes by quickly bringing innovative therapies to market and accelerating clinical trials.
5. Collaborative Environment
Oracle Life Sciences engages with stakeholders, including pharmaceutical firms, research institutes, regulatory bodies, and technology providers, to promote collaboration and partnerships within the industry.
Intuitive Oracle technologies develop synergies that increase the impact of critical solutions and drive innovation through industry events, knowledge-sharing programs, and strategic relationships. Organizations can access knowledge, tools, and best practices to accomplish objectives quickly and create a more collaborative ecosystem.
6. Real-World Evidence
Real-world evidence (RWE) is becoming more significant in healthcare decision-making, regulatory approvals, and clinical data management.
Oracle Life Sciences offers comprehensive analytics and data integration solutions to help enterprises create, evaluate, and use real-world data for insights into treatment efficacy, safety, and patient outcomes. RWE enables organizations to optimize treatment plans, improve decision-making, and enhance clinical care.
How Can We Help?
From helping your internal teams understand Oracle’s Life Sciences products to implementing the right tools and capabilities you need to thrive in a rapidly evolving landscape, our team at Surety Systems has you covered.
Our senior-level Oracle consultants have extensive knowledge, functional expertise, and real-world experience to guide you through complex Oracle projects, drive better business outcomes, and achieve success long after Go-Live.
Contact Us
Are you interested in learning more about Oracle Life Sciences and how our senior-level Oracle experts can help your organization improve patient outcomes and drive clinical development?
Contact us today!
