It’s time to discover the value your Safety platform can deliver – and that starts by going beyond the status quo to embrace the next generation of Safety innovation.

The Safety industry is transforming rapidly, with new advancements in GenAI automation, end-to-end harmonization, PV insights, and more causing firms to evolve how they work accordingly.

In our article, we discuss 6 major ways that firms are embracing the latest innovations to overcome common challenges and maximizing the value they see from their Safety ecosystems.

The Challenge of Realizing End-to-End Safety Innovation

Safety teams need to maintain consistent compliance, ensure patient safety, and bring together global teams efficiently and cost-effectively.

This becomes a particularly herculean task if they fail to innovate and evolve how they work.

Firms that rely on outdated systems and processes for Safety often struggle to overcome common challenges and incur significant costs, inefficiencies, and issues that are unsustainable to their bottom lines. Failing to embrace the latest Safety innovations, including Gen AI and LLM technologies, forces them to leave significant and quantifiable benefits on the table.

It can be difficult, however, to change how you work. Simply adding in more resources, patching together disjointed systems, and layering in manual workarounds is not enough. You need to carefully evaluate potential platforms and providers to ensure they provide seamless end-to-end innovation and support, so that you can do more with less, seamlessly harmonize disparate and disjointed systems, and properly leverage the types of advanced automation that are redefining the Safety landscape.

While many firms strive to achieve true end-to-end Safety innovation, many struggle to realize this strategic vision.

That is where embracing the latest innovations in Safety comes in.

Discover the Value of Safety

Below are 6 major items leading firms are focusing on as they invest in end-to-end Safety innovation and evaluate new platforms and providers.

Workflow Efficiencies

As Safety teams face skyrocketing case volumes, rapidly expanding global operations, and increasingly complex and ever-changing regulations, failing to innovate and relying on tedious, disjointed, and outdated manual workflows and systems for their needs is untenable.

When evaluating Safety solutions, focus on those that offer end-to-end automation, incorporating the latest advancements in GenAI and LLM technologies, to drive >50% efficiency gains across the Safety lifecycle, including >65% efficiency gains in Safety case intake.

Cost Savings

It is imperative to manage rising Safety costs, including doing more amid tighter budgets and less resources, reducing the overhead costs associated with managing vast global operations, and ensuring you can cost-efficiently scale as your operations grow over time.

Prioritize solutions that can drive up to 33% cost savings by providing a unified, end-to-end platform that leverages advanced automation, consolidates your operations under a single vendor, and enables maximum scalability and flexibility via a modular SaaS approach.

Interoperability

Managing operations across siloed and disjointed platforms, especially across multiple vendors, often becomes a costly, time-consuming headache and results in cross-departmental process and data siloes, tedious, manual workarounds, and increased IT overhead.

Focus on finding a single vendor that offers a comprehensive, end-to-end Safety platform delivered via a modular SaaS approach and that can seamlessly integrate across your Safety operations, third-party systems, and other departments, including Regulatory, Medical Affairs, and Quality.

Advanced Technologies

You risk falling behind your competitors if you fail to properly embrace the latest innovations in Safety. Investing in the latest advanced technologies can seem daunting, however, as you need to figure out where to start and find platforms with proven capabilities and ROI.

Choose a partner that has demonstrated and is committed to continuous innovation in their Safety platform. Ensure you are partnering with an innovation leader that invests in areas including GenAI and LLM automation, intelligence data analytics, and seamless end-to-end harmonization.

Business Transformation

Even when you find a Safety platform able to support your innovation goals, lacking a transition partner that provides proper support across deployment, organizational readiness, change management, and training can lead to delays and issues, while negatively impacting the value you see.

When searching for a Safety innovation partner, focus on providers that have experienced, in-house teams that are equipped to help you ensure a seamless transition when adopting a new solution and maximize the value you realize from your investment from Day 1 and beyond.

Next-Level Insights

Finally, despite the importance of PV insights in ensuring optimal patient safety, operational efficiencies, and global compliance, many firms lack adequate visibility into PV performance and are bogged down by tedious, manual methods for getting the insights they need.

To overcome this, Safety teams are investing in platforms with flexible and robust reporting and analytics capabilities that empower their PV teams to unlock deeper, real-time PV insights, as well as drive up to 40% efficiency gains through faster and more accurate signal analysis.

LifeSphere Safety: The Key to Next-Generation Safety Innovation

LifeSphere Safety positions leading pharmaceutical organizations for success by delivering quantifiable value throughout the end-to-end pharmacovigilance lifecycle.

This includes driving unmatched efficiency gains and cost savings through groundbreaking GenAI automation and analytical capabilities, seamless Safety ecosystem harmonization including interoperability with cross-functional departments and third-party systems, and an experienced, in-house team to help ensure a seamless transition and business transformation.

Ready to learn more? See how LifeSphere Safety is helping firms like yours discover the value their Safety platform can deliver.