New Biopharma, Life Sciences, and Pharmaceutical Cloud Service Promises Fast, Efficient Research Study Enrollment and Improved Management
Redwood City, Calif. — March 22, 2021 — Reltio, an award-winning provider of the only cloud-native master data management SaaS platform used by companies worldwide to succeed in the digital economy, today announced the introduction of Reltio Enterprise 360 Site Intelligence, a new cloud service that enables Pharmaceutical Research & Development Teams and Contract Research Organizations (CRO) to centralize detailed data about study sites and Principal Investigators (PI).
- One of the top two reasons clinical trials fail is recruiting study sites and PIs that aren’t well-aligned to a research study; second only to inadequate patient recruitment and retention.
- Reltio Enterprise 360 Site Intelligence enables CROs and clinical trial teams to:
- Define the key criteria for site selection based on each new protocol, leveraging experience and results.
- Search all current, complete, accurate information available on Healthcare Organizations (HCO) / study sites, and Healthcare Providers (HCP) / PIs.
- Evaluate and rate study sites and principal investigators using artificial intelligence (AI), quantitative metrics, and qualitative criteria, such as adverse events reporting and alignment with intervention and treatment areas.
- Manage consent, contracting, and collaboration workflows.
- Reltio customers include nine of the 10 largest global pharma companies and multiple CROs, including Bioclinica, IQVIA, and Syneos Health.
- Reltio Enterprise 360 Site Intelligence is available now. Visit the solution web page to learn more and schedule a consultation.>
The path to commercialization for every FDA approved drug and cleared medical device in the United States began with a clinical trial. Recruitment of study sites and PIs are fundamental, but often vexing, first steps in starting a clinical trial.
Research published in Contemporary Clinical Trials (2018) reports that 86 percent of clinical trials do not reach recruitment targets within specified time periods. Another 19 percent of registered trials were closed or terminated early because they could not accrue enough participants. The authors note that, “Failures in meeting recruitment goals have important scientific, financial, ethical, and policy implications.”
Reltio Enterprise 360 Site Intelligence helps mitigate these ongoing challenges and barriers by providing a SaaS platform that provides unified, reliable, and real-time data for:
- Third-Party Industry and Reference Data
- Operational and Analytical Data
- HCO Data
- HCP Data
- Identifying relationships with proprietary Connected Graph technology
- Actionable insights powered by machine learning
Connected Graph technology is unique to Reltio Enterprise 360 Site Intelligence. HCOs, HCPs, PIs, and study sites are often connected in many-to-many relationships. Reltio Connected Graph can quickly identify content preferences, influence in a disease area, prescribed products, and clinical trial participation that traditional databases cannot. The graph models interrelationships and dynamic hierarchical information for an at-a-glance view. These insights are valuable.
AI provides insight into key considerations for clinical trials. These include study site and PI performance on past studies, relationships with competitors, areas of expertise, site logistics, and other important data.
Venki Subramanian, Vice President of Product Management, Reltio: “Reltio Enterprise 360 Site Intelligence is a cloud-native service that enables Pharma R&D Teams and Contract Research Organizations to centralize detailed data about study sites and PIs, including past performance, ratings, and competitive information, from multiple sources. Making decisions based on unified, reliable, real-time data can mean the difference between success and failure. We’re proud to offer this new service which can help accelerate clinical trials and bring life-improving drugs and devices to more patient populations.”
Suhas Joshi, Managing Director, Data Management, Fresh Gravity: “Fresh Gravity and Reltio have enjoyed a long partnership. Reltio has been at the leading edge of master data management innovation. The unmatched reliability, scalability, flexibility, and real-time performance of the cloud-native Reltio Connected Data Platform has made it Fresh Gravity’s go-to for mastering operational and analytical data in the biopharma, global pharmaceutical, and life sciences companies with which we work. We congratulate Manish and his team on Reltio Enterprise 360 Site Intelligence. We look forward to sharing this powerful MDM solution with our life sciences and pharma clients.”
Reltio disrupted the master data management (MDM) software market when it launched the first cloud-native MDM software-as-a-service (SaaS) platform nearly a decade ago. The Reltio Connected Data Platform is a proven multi-tenant, multi-domain MDM platform that masters all data types in real-time and at-scale. Customers benefit from agility, scale, simplicity, security, and performance unmatched by Reltio’s competitors.
Reltio Connected Data Platform uniquely features big data architecture to manage massive data volumes in real-time for operational, analytical, and data science use cases, an API-first SaaS business model for rapid configuration and responsive data management, and Connected Graph technology to discover relationships. To learn more, visit www.reltio.com.
Senior Director, Industry Solutions Marketing and Corporate Communications
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