Pharmaceuticals & Life Sciences
The life sciences industry today is facing major challenges in the form of patent expiry, shift to Biotechs, changing government regulations, increasing competition from generics, shift in product demand from developed nations to emerging markets and increasing focus on patient centricity. With increasing M&As in the industry, there is an urgent need for the companies with disparate systems to have synergies and speak the same language. The industry is now looking at new business models and solutions that will deliver superior business outcomes while at the same time optimize costs, reduce time to market for a drug and meet the regulatory requirements. As these factors are dependent on IT collaboration, the life sciences industry is gradually bracing up to face the challenges and meet its requirements through partnership with IT companies.
The Pharmaceuticals and Life Sciences practice at TOCSYS started in 2002 and has been one of the fastest growing verticals in the organization with a CAGR of 60% over the last 3 years. TOCSYS is a preferred global services partner forover 15 global life sciences players. Our customers include 4 of the top 5 global pharma majors along with Biotechs, Generics, API and CRO companies across the USA, Europe, APAC, Japan, China and Latam. With a team of over 4000 professionals, including domain & strong technical consultants, physicians and validation specialists, we at TOCSYS have already delivered over 1100 programs till date. TOCSYS has alliances with global majors and niche players to offer compelling business propositions for customers.
Delivering Solutions that Transform Lives
Strong, centralized, scalable and high quality software delivery capability coupled with domain knowledge helps TOCSYS provide innovative solutions which enable our partners to produce products faster and at lower costs. Our gamut of services and solutions covers the entire life sciences value chain from corporate to back office operations.
TOCSYS has substantial experience in supporting global supply chain initiatives implementing ERP applications like SAP, JDE, MES, CAPA, PLM tools like Agile, enterprise compliance management applications like Trackwise, lab-automation applications like LIMS, CDS, SDMS, ELN and controlled records management solutions through Documentum and Siebel CRM in a validated environment. TOCSYS has expertise in application decommissioning services which addressed large scale requirements of both validated/ non validated applications and associated infrastructure.
TOCSYS has vast experience in enabling clients to meet stringent quality standards and regulatory mandates such asFDA, HIPAA, 21 CFR Part 11, SoX and the ISO standards and has worked with clients in the areas of independent verification & validation. Our ‘Regulated Offshore Development Center’ (RODC) framework ensures that the infrastructure, security, processes, templates, checklists etc comply with FDA/EMEA and GxP guidelines and clients’ QMS. Through RODC coupled with our innovative service delivery ‘Factory Model’, which has been especially successful with our life sciences customers, we address all IT, BPO and infrastructure challenges. Innovative solutions created by TOCSYS to help the life sciences industry to meet its vital needs are :
- TOCSYS’s Rapid Trials
- Clinical Collaboration Portal
- Physician Relationship Management / closed loop marketing portals