Velos to Develop Key System Interface for Clinica...(itutes of Health) and 35 percent of all ...),Health

"Oracle has a huge footprint and leadership position in the life sciences, CRO, and medical device industries," said John McIlwain, President and CEO of Velos, Inc. "We're very pleased to be working to implement a robust system handshake between Velos eResearch and Oracle Clinical. We expect the interface will be a great benefit to many Velos customers and their research sponsors."

Traditional EDC (electronic data capture) requires investigators and their staff to leave behind their in-house systems, login to the sponsor's system, enter trial data, and return again to whatever systems and devices they use on a day-to-day basis. While this is an improvement over paper-based methods for sponsors, clinical research fulfillment in its current automated form is still an incomplete system supply chain as a result of work redundancies at the site that are, in effect, reinforced, by the current system model.

"The current state-of-the-art in EDC can actually increase the workloads for many research sites," explained McIlwain. "This in turn adversely impacts sponsor productivity and contributes to the extended time periods required to conduct clinical trials and obtain related drug/device approvals. We look forward to addressing these intrinsic supply chain barriers."

"From an economic perspective, particularly for sponsors," continued McIlwain, "significant advantages result from improved clinical trial timeliness that an integrated supply chain model creates. These gains in turn translate to better treatment options sooner for patients. The technology is there, we just need to put the system handshakes in place."

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