Strategic alliance offers cost-effective regulatory-compliant global pharmacovigilance support to pharmaceutical companies wishing to outsource to India
Coimbatore, India and St Neots, UK, May 2, 2014 - (PressReleasePoint) -
Indian pharmacovigilance consulting and drug safety services company Oviya MedSafe Pvt Ltd has signed an agreement with British software development company Assured Information Systems Ltd 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 & CEO of 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 of 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".
Founded in 2012, Oviya MedSafe Pvt Ltd offers end-to-end drug safety services to the pharmaceutical industry. In addition, Oviya MedSafe consults to generic pharmaceutical companies to help them develop and maintain their pharmacovigilance departments in line with the emerging global regulations. Oviya MedSafe works with major pharmaceutical companies and marketing authorization holders in markets like Europe, India and the Middle East regions and is backed by over 50 years of collective intelligence of its founding groups. For more details, visit http://www.oviyamedsafe.com.
Assured Information Systems Ltd was founded in 1996 in the UK and specializes in the development and implementation of product safety computer systems and associated services. Assured is a leading supplier of workflow-driven pharmacovigilance software to the pharmaceutical industry. The company’s software products - PV-Works (for human medicines) and PV-Works (vet) (for veterinary medicines) are recognized as high quality products and are specifically designed to be operated in compliance with the world-wide regulatory legislation that governs this industry. Assured PV Inc is the US subsidiary of the company and has its offices in North Carolina. For details, visit http://www.pv247.com and http://www.assured.co.uk.
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