As the battle to combat the increasing incidence of lifestyle diseases and other non-communicable disease wages, the medical and pharmaceutical sciences shifted gears bringing forth a plethora of medicines to tackle disease states effectively. On the flip side, adverse reactions to drugs are becoming an all too common problem, and it is crucial to monitor and assess the safety of drugs. Pharmacovigilance has never been more vital to enhance patient safety and maintain compliance.
The pharmacovigilance market is striving to detect and manage emerging safety risks by incorporating cutting edge technologies to guarantee patient safety, lessen costs, and meet regulatory compliance. Pharmacovigilance focuses on adverse drug reactions and drug toxicity, and there is continuous innovation for a well-organized system to monitor and assess the safety of medicines. Companies are implementing technologies like artificial intelligence, analytics, blockchain, and cloud to digitize and optimize drug safety and development. The pharmacovigilance arena is also witnessing innovation in designing digital solutions to address evolving issues related to drug safety and process consistency and impart seamless integration of safety data from disparate sources.
Against this backdrop, there are various service providers in the industry with a set of advanced and integrated pharmacovigilance services. To help companies navigate through the best-of-breed pharmacovigilance service providers, Pharma Tech Outlook has compiled a list of “Top 10 Pharmacovigilance Consulting/ Service Companies in Europe-2020.” The enlisted organizations are transforming pharmacovigilance operations and processes by incorporating cutting edge technologies. We hope this edition of Pharma Tech Outlook helps you build a partnership to boost productivity and efficiency.
We present to you Pharma Tech Outlook’s “Top 10 Pharmacovigilance Consulting/Service Companies in Europe - 2020.”
