The pharmaceutical industry is undergoing a historic surge in innovation. With thousands of new drugs and therapies entering global markets each year, ensuring patient safety has never been more critical or challenging. As regulatory bodies tighten requirements and global pharmacovigilance standards evolve, companies must process and respond to growing volumes of safety data in real time.
Adverse drug reactions are one of the leading causes of death in hospitalised patients[i] and have a high economic impact[ii] on both societies and pharma companies. And yet a vast portion of adverse event (AE), healthcare compliance (HC) and product complaint (PC) information is buried in unstructured free-text records such as CRM notes, emails, call centre transcripts and patient support programmes, to name but a few. Owing to the massive volumes of data involved, these records are difficult to analyse using traditional rule-based or manual methods.
To stay on top of the compliance and regulatory requirements, it’s crucial to implement intelligent, real-time systems that track data from diverse data sources early on and flag them for review. Detecting issues early before the prevalence rate is large helps prevent complications from escalating and turning into major challenges down the road.
Fortunately, the landscape of GenAI- & AI-enabled solutions simplifying this process has greatly evolved. We believe global pharma companies can benefit from the emerging AI & GenAI solutions to drive pharmacovigilance and regulatory compliance, helping them to identify adverse event risks early on and at scale, drive operational efficiencies and anticipate regulatory issues.
Our industry landscape analysis indicates that:
Some of the key challenges faced by our clients include:
Navigating the increasing volume and complexity of data and integrating diverse data sources
Huge manual effort involved in identifying AEs and PCs, as traditional processes lack automation
Sample-based monitoring approach instead of 100% monitoring of all records, owing to a lack of bandwidth
Latency owing to manual processing that delays safety reporting and increases compliance risks
Increased operational cost owing to licences associated with the legacy system
Increasing compliance and regulatory pressure coming from regulatory agencies who expect faster and more accurate signal detection
Ultimately, these challenges result in a risk of missing adverse events, product complaints and healthcare compliance identification and reporting.
Our AI & GenAI-powered solution accelerates the end-to-end pharmacovigilance value chain by identifying adverse events, product complaints and healthcare compliance situations rapidly and early on – enabling pharma companies to take corrective actions as soon as possible.
With a human-in-the-loop approach, the AI outcomes can be validated by the compliance team to understand the presence of adverse events and product complaints and thereby drive efficiencies. As soon as adverse events and product complaints are identified, the team can automatically retrieve and extract key information such as the patient data, reporter data, product data and adverse events experienced.
Thanks to this human-in-the loop validation, a safety case can then be automatically entered into the safety database. Following on from the validated AI outcomes, the compliance team can suggest and leverage corrective actions to mitigate the risks.
The end-to-end process of adverse event and product complaint risk flagging includes four main steps:
We’ve partnered with several global pharma companies to drive transformational outcomes by leveraging AI and GenAI accelerators. Below are some of the key impacts delivered across clients:
We have a dedicated team of cross-skilled experts developing our tailor-made AI and GenAI solutions for the pharmacovigilance space. They share a common vision articulated around four pillars:
We helped a global pharma company perform 100% monitoring of all the free text records from its CRM and rolled out the solution globally across all affiliates, leveraging a tailored AI and GenAI solution on the AWS platform.
We supported the client in streamlining AE intake, triage and case processing and reducing pharmacovigilance operational costs. This helped when it came to anticipating any risks related to upcoming product launches.