Business News
The Scientific Business of Thomson Reuters Publishes Its 2008 Liquent Regulatory Affairs Trends Survey Results
2008-07-16 23:01:00
Survey Highlights Trends In eCTD Migration And Submissions Outsourcing And
Provides Insights Into Regulatory Product Management Trends Across North
America And Europe
PHILADELPHIA and LONDON, July 17 /EMWNews/ -- The Scientific
business of Thomson Reuters today announced the early findings of its 2008
Liquent Regulatory Affairs Trends Survey. The survey attracted respondents
from across the globe representing small, medium and large pharmaceutical
companies and provides a unique insight into emerging and future trends in
regulatory product management usage and adoption.
Now in its sixth year and frequently sourced by pharmaceutical journals
and publications across the world, this survey has become the premier
benchmark of global regulatory submission trends offering timely insights
into how pharmaceutical regulatory professionals use technology today and
how they plan to harness technology in the future.
There were 137 Regulatory Affairs professionals working in Life
Sciences companies across the globe who participated in this survey. The
survey concentrates on four key areas: Technology Usage Trends, including
both submission publishing software and other desktop software, Document
Management System usage, Regulatory Outsourcing trends, and Regulatory
trends including use or future use of the electronic Common Technical
Document (eCTD).
The demographic make-up of the respondent population is similar to
previous years with almost one third working in large pharmaceutical
companies (32%) and more than a third working in small to medium companies
(36%). Another 10% of respondents work for biotechnology companies. There
were significantly more respondents from Contract Research Organizations
(CROs) in 2008 (10%) than in 2007 (4%). 68% of those surveyed are from the
United States and the majority of the remaining respondents are from
Europe, with France (4%), Switzerland (4%), the UK (3%) and Germany (3%)
the most highly represented.
Survey highlights include:
Technology Usage:
-- Almost all (92%) of the survey respondents make regulatory
submissions, a slight increase on 2007 (90%); current use of paper and
electronic submissions has remained the same since 2007.
-- Three-quarters (75%) are using submission publishing software,
similar to 2007 (67%). Approximately one-third (31%) of those respondents
not currently using software are very likely to implement submission
publishing software into their process.
-- As in 2007, the SAFE initiative has not yet taken hold in most
companies surveyed: only 2% of respondents are currently addressing it.
However, there has been a significant increase in the percentage of
companies that are currently using technology to support the FDA Gateway,
up to 19% this year, from 9% in 2007.
Regulatory Outsourcing Trends:
-- 30% of respondents do not outsource any of their regulatory operations. -- Printing (28%) was the regulatory operation outsourced the most by
respondents.
Regulatory Trends:
-- Eight in ten (83%) of respondents intend to migrate to the eCTD,
with 20% of these reporting they will migrate within the next year.
"This year's survey has once again attracted respondents from across
the breadth of the global life sciences industry, with large as well as
small to medium sized companies participating," said Jim Nichols, Liquent's
Vice President of Product Strategy and Marketing, who launched this
worldwide initiative in 2003. "We're particularly excited to see a
significant increase in the numbers of Contract Research Organizations
(CROs) replying to our survey, further diversifying the population sample."
Full results of the survey are available on request at the following
address: http://www.liquent.com/2008survey/
For more information about Liquent regulatory information management
services, please go to:
http://www.thomsonreuters.com/products_services/scientific1/liquentinsight
About Thomson Reuters
Thomson Reuters is the world's leading source of intelligent
information for businesses and professionals. We combine industry expertise
with innovative technology to deliver critical information to leading
decision makers in the financial, legal, tax and accounting, scientific,
healthcare and media markets, powered by the world's most trusted news
organization. With headquarters in New York and major operations in London
and Eagan, Minnesota, Thomson Reuters employs more than 50,000 people in 93
countries. For more information, go to http://www.thomsonreuters.com.
Major Newsire & Press Release Distribution with Basic Starting at only $19 and Complete OTCBB / Financial Distribution only $89
Get Unlimited Organic Website Traffic to your Website
TheNFG.com now offers Organic Lead Generation & Traffic Solutions