REDWOOD SHORES, CA — (Marketwired) — 09/23/14 — Oracle (NYSE: ORCL)
Dong-A ST, a South Korean pharmaceutical company planning an international market expansion, needed to digitize and streamline safety information management from pharmacovigilance processes in order to optimize global regulatory compliance and drive better decision making. The company deployed as its pharmacovigilance platform, enabling it to rapidly and efficiently create regulatory reports and easily grow to support its expansion strategy.
To support its growth plan, used to create a database containing comprehensive safety data from its pharmacovigilance process. Pharmacovigilance is the scientific discipline that focuses on drug safety.
With Oracle Argus Safety, Dong-A ST then digitized safety data collected from its pharmacovigilance processes, eliminating time-consuming manual data consolidation. Streamlining the process helped Dong-A ST–s executives make faster, data-driven safety management decisions across its product portfolio.
The Oracle solution–s integrated database management, standardized workflows, and automated reporting also helped the company rapidly and efficiently create reports to support domestic and international regulatory compliance, including safety information management requirements.
This is the first implementation of Oracle Argus Safety in South Korea, giving Dong-A ST a competitive advantage via an integrated system for managing safety information that can scale to support international expansion efforts. Dong-A ST selected Oracle Argus Safety in November 2013.
Dong-A selected TAKE Solutions as its implementation partner based on that company–s deep experience with Oracle Argus Safety. A Gold level member of Oracle PartnerNetwork (OPN), TAKE worked effectively with Dong-A in all aspects of installation, data migration, and validation.
“Dong-A ST is the first South Korean pharmaceutical company to deploy Oracle–s industry-leading pharmacovigilance solution, Oracle Argus Safety. The company created an integrated system for managing safety information, helping it gain a competitive advantage in its market segment,” said Steve Rosenberg, senior vice president and general manager, Oracle Health Sciences.
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Oracle industry solutions leverage the company–s best-in-class portfolio of products to address complex business processes relevant to health sciences, helping speed time to market, reduce costs, and gain a competitive edge.
At Oracle, we believe that a more predictive, preventive, personalized, and participatory system will help improve human health. We can help accelerate this journey to personalized medicine through technology, data, and insights. Oracle–s solutions support industry initiatives to improve care quality and outcomes; reduce costs; and speed time to market for new treatments, therapies, and devices. Oracle Health Sciences delivers comprehensive business applications, plus database, middleware, and hardware solutions for life sciences and healthcare companies and institutions worldwide. For more information, visit .
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Samantha Thai
Oracle
+1.510.917.5564
Mary Tobin
O–Keeffe & Company
+1.503.658.7396
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