Standardized And Structured Data Equate To Smarter Decision-Making

By Craig Williamson, Lead Platform Product Manager (Integrations Strategy)

What makes data management and digital mapping important to the pharmaceutical industry? Here we discuss how many organizations are investing in digital transformation and data management technology, but still face challenges in this area.  Data standards play a significant role in improving information sharing and data integrity. Here we explore the new requirements for data standards in drug development introduced by the FDA. This article also covers the ALCOA+ and F.A.I.R. principles that define data integrity expectations and promote data leverageability. The abstract highlights the benefits of better data management, such as faster and smarter decision-making, as well as the use of digital workflows and structured data capture to save time and improve process understanding. Explore the need for advancing digital collaboration through data standards in the biotech industry, and the emphasis being placed on data standards by BioPhorum in improving digital collaboration between sponsors and contract organizations.