With increased competition, shrinking patent protection, and potential for increased governmental regulations, the pharmaceutical sector is continually becoming more and more of a challenging marketplace to effectively compete. Add in the fact that approximately 90% of candidate drugs entering clinical trials fail to make it to market, a pharmaceutical company is driven more than ever to better optimize its drug pipeline while streamlining operations to support its overall business.

Looking to automate the dissemination of batch and compound data corrections to all scientists in need of these changes from a few days/weeks to ASAP? Looking to better synchronize payment and invoice flow out of your different departmental systems into your master ERP? Looking to establish a pipeline of electronic communication with your distribution partners to better hold them accountable to their distribution performance agreements? Blackstone Technology Group’s Pharmaceutical Services practice provides pharmaceutical & biotech companies with a range of end-to-end solutions to meet their respective challenges. We help our pharmaceutical clients improve business processes through technology solutions.

From our monitoring of trends in PhRMA, HIMSS and RFID, to our technology industry partnerships, to several of our largest clients, Blackstone is actively focused in the pharmaceutical industry. We are continuing to invest in our domain knowledge and related system expertise for our consultancy relevant to pharmaceutical organizations. Our sample services include:

• Automated Foundation System Integration, to support Batch/Compound Registration and Associated Update Correction Synchronization across R&D Systems, Teams and Facilities.

• Supply Chain Partner Integration, to Support Distributor Performance Agreements and Distributor Performance Scorecarding

• Financial Payment & Invoice Processing Integration, to Support Synchronization of Payments and Invoices Across Key Business Systems to One Master ERP System (e.g., SAP, Other)

• ‘As-Is’ to ‘To-Be’ Technology Roadmaps
• Integration Platform Migrations
• Custom Application Development
• IT Governance Solutions
• Product and Vendor Appraisals
• Independent Validation and Verification Services

For more information on Blackstone's Pharmaceutical practice please contact us at PharmaServices@bstonetech.com