In ContractPharma this month, Geri Studebaker’s “The Data Difference” explains how CMOs are finding innovative ways to differentiate—in some cases through the use of data they use internally and provide to sponsor organizations. “…CMOs that embrace innovation for the sake of quality, risk mitigation and best practices stand to gain the greatest competitive advantage.”
The article explains Henry W. Chesbrough’s concept of “open innovation” where customers, business partners and suppliers work in a collaborative environment with ideas and best practices flowing inside and outside company boundaries. One way this type of innovation can be achieved is through the sharing of data for science-based decision making. Studebaker describes how CMOs can leverage technology tools to provide access to real-time data for internal process improvement and provide data in context back to sponsor organizations.
“CMOs that are able to share process and manufacturing data in real time internally and with sponsors are able to perform proactive process monitoring and investigative analysis collaboratively for better process understanding and control of variability.”
-- Mary Biermann
