Pharma and biotech software enables medtech (e.g. medical devices and drug development) companies to improve operations, reduce risk, maximize success rates, optimize activities, and comply with industry regulations. The scope of pharma and biotech software can range from quality and regulatory management to trial and discovery management to data processing to providing an ERP or CRM module. In the research and development phases, pharma and biotech solutions may integrate with or supplement pharmaceutical distribution software and various laboratory management solutions. At the tail end of the pharma and biotech supply chain lifecycle, pharma and biotech software vendors enable closed-loop marketing or sales enablement functionality for medical sales representatives to leverage.
To qualify for inclusion in the Pharma and Biotech category, a product must:
- Adhere to pharmaceutical, biotechnology, and life sciences regulations
- Offers insight into operations and activities of the organization
- Provide a management framework for product (lifecycle) management, compliance and regulations, strategy and operations, processes, customers, documents and records, and assets
