Digital Transformation in Regulatory Affairs: Redefining the Future of Pharma
Deepak Maramwar
Associate Director - Regulatory Affairs @ AstraZeneca | Certified Independent Director
In today's fast-moving pharmaceutical environment, Regulatory Affairs is undergoing a greater transformation. By embracing digital technologies like AI, automation, and predictive analytics today's Regulatory professionals can work smarter helping organizations to be cost-effective and truly compliant.
Such AI-driven tools can reduce up to 30% of the time spent on processing documents. According to McKinsey, some of the world's biggest MNCs use machine learning algorithms for better estimation of the time taken to achieve regulatory approvals; this also enables them to enter a market faster. Only a few companies, on the other hand, use cloud platforms to enable instant data sharing with other units involved in cross-border compliance processes.
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??. ???????????????????? & ???? ?????? ???????????????? ????????????????????: For example, Veeva Vault organizes and keeps track of compliance, thus shaving off 20-30% of review times.
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??. ????????-???????? ???????? ??????????????: Cloud solutions allow for real-time data sharing and thus global compliance, permitting remote inspections, a trend boosted post-COVID.
??. ????????-?????????? ????????????????: Real-world evidence data are employed in decision-making within the FDA program for its regulations.
While digital is key, the challenges remains - interoperability, high implementation costs, and ever-changing regulations. Gartner forecasts that by 2025, more than 50% of record regulatory processes will include artificial intelligence and machine learning tools. The future of regulatory affairs is digital, lean, above all, patient-centered!
How is digital transformation shaping your role in Regulatory Affairs?
#RegulatoryAffairs #Pharma #DigitalTransformation #AI #HealthcareInnovation #Compliance
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4 个月The world is literally demanding degitization in every sector and even in Pharma. Many area have scope for digitization starting from clinical trials till end of Pharma life cycle.#DigitalWorld #RPA