Biotechnology & Pharmaceutical Due Diligence

As the number of blockbuster drugs and products being launched in the pharmaceutical, biotechnology and medical device industries continues to shrink, small and large companies alike are realizing the need to look for ways to get their compounds and/or devices through the development pipeline and on the market as quickly and efficiently as possible to capture market share. This has forced many companies to look at their compound portfolios and strategically make decisions on whether or not to out-license a compound (or device), find an alliance partner for co-development. Other companies may pursue a strategy to focus on developming the compound for select international markets while out-licensing a compound for use in other international areas where a partner may be better positioned to develop and launch that product.

This process can take an inordinate amount of time and resources just to compile the information that a company would make available to a potential partner. Trial Interactive can streamline this due diligence process by offering a secure, web-based collaborative workspace that is being used pharmaceutical, biotechnology and medical device companies in the product licensing and alliance management process.

Companies can easily organize and share confidential compound and/or device information such as pre-IND packages, patent information and clinical study reports in a virtual environment. Trial Interactive offers and easy-to-use drag and drop function allowing companies to match file structures inside the company. Administrators can also track user and organization activity to see what documents and are of most interest to potential partners, restricting users from seeing who else (and more importantly what other companies) are likewise interested in looking at the compound information for a potential partnership. Companies can quickly redact information from files and present different levels of redaction for different groups as well as restrict what type of documents different groups are able to see.

Trial Interactive is the only clinical data support services provider focused 100% on pharmaceutical, biotechnology and medical device companies. We maintain a 24/7 Client Services support group that understands pre-clinical and clinical development documentation and medical and biotechnology and pharmaceutical due diligence and maintains industry leading response times of less than 3 minutes.