It is increasingly diffcult for the pharmaceutical and biotechnology industries to guarantee regulatory compliance at all times. Many aspects of the development, manufacturing, marketing, distribution, and administration of pharmaceuticals and biotechnology products are subject to strict regulations. With high volumes of data being digitized, there is a distinct need to both protect and manage this information centrally and adapt and issue it to multiple domains, such as healthcare providers or consumers. If a company does not have a system in place for traceability, it will be unable to meet these strict requirements, which is especially important today with so many counterfeit drugs on the market. Failure to meet these obligations may lead to potential risks to patient safety and could result in severe financial penalties and sanctions.

All of this and more can be managed centrally with VIA/ MDM