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Eliminating the Digital Divide in Life Sciences, Part 1: Compliance Concerns

Jul 2, 2019, 15:36 PM by MATTHEW M. LOWE
The velocity at which digital transformation is reshaping business models seems utterly chaotic in a compliance-based industry

 

Eliminating the Digital Divide in Life Sciences, Part 1: Compliance Concerns

Contact: Jennifer Hurst, Sr. Director, PR & Content
Phone: 1.801.560.9608
Email: jhurst@mastercontrol.com

It’s human nature to resist change, and the life sciences industry is not exempt from a change-averse mindset. The proof: Life science organizations (LSOs) lag far behind counterparts in other sectors in implementing digital technologies that are designed to streamline business and manufacturing processes.

In fact, while the rest of the world continually vies for digital differentiators, only 21 percent of LSOs even view digital disruption as a potential threat, according to PwC’s most recent Digital IQ survey. The causes of LSOs’ digitization reluctance are abundant and legitimate—security, cost, data integrity and validation concerns are just a few—but fears about regulatory compliance are usually at the top of that list.

Read full article here.

About MasterControl
MasterControl Inc. is a leading provider of cloud-based quality and compliance software for life sciences and other regulated industries. Our mission is the same as that of our customers – to bring life-changing products to more people sooner. The MasterControl Platform helps organizations digitize, automate and connect quality and compliance processes across the regulated product development life cycle. Over 1,000 companies worldwide rely on MasterControl solutions to achieve new levels of operational excellence across product development, clinical trials, regulatory affairs, quality management, supply chain, manufacturing and postmarket surveillance. For more information, visit www.mastercontrol.com.

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