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London, UK – 4 December 2017: Ergomed plc (LSE: ERGO) (‘Ergomed’ or the ‘Company’), a specialised pharmaceutical services and drug development company, today announces that its pharmacovigilance subsidiary PrimeVigilance will be organising and presenting at the International Society of Pharmacovigilance’s Intelligent Automation in Pharmacovigilance seminar to be held at Biogen’s headquarters in Cambridge, MA, from 4-5 December 2017.
Reacting to the question: “can automated processes powered by artificial intelligence provide effective solutions to the ever-increasing challenges in pharmacovigilance?”, this seminar is the first of its kind worldwide to cover this complex development area. Over 30 speakers from the most influential companies in pharmacovigilance automation will present their state of the art technologies and examine the disruption expected within the industry. Participating bodies include: AstraZeneca, Bayer, Biogen, Celgene, Genentech, Takeda and the FDA and the MHRA.
PrimeVigilance‘s CEO, Jan Petracek, will be presenting the results from its successful pilot project demonstrating how robotic process automation of selected pharmacovigilance systems can increase efficiency by up to 400 times, increasing speed, reducing cost and improving accuracy. PrimeVigilance is working on the early deployment of robots in its operations. By investing in technology and people, PrimeVigilance has achieved organic growth of around 50% per year over the last few years and has, in addition, successfully incorporated acquired companies. PrimeVigilance aims to be the global leader in pharmacovigilance by 2020.
Dr Jan Petracek, CEO of PrimeVigilance, said: “PrimeVigilance has consistently demonstrated growth which is in no small part due to our market-leading adoption of new techniques and technologies and we are at the forefront of robotic automation, the next leap forward in technology for our industry. We look forward to discussing these advances in pharmacovigilance automation and how they can increase efficiency and accuracy. Pharmacovigilance is an extremely fast-growing and highly regulated market and we are pleased to be able to share our views on meeting these increasingly complex regulatory requirements.”
For more information on the seminar and to view the full programme, please visit: http://isoponline.org/training/isop-seminar.
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Ergomed provides specialist services to the pharmaceutical industry and develops drugs both wholly-owned and through partnerships. Ergomed’s fast-growing, profitable service offering spans all phases of clinical development and post-approval pharmacovigilance and medical information. Drawing on more than 20 years of expertise in drug development, Ergomed is also building a growing portfolio of drug development partnerships and programmes, including wholly-owned proprietary products for the treatment of surgical bleeding. For further information, visit: https://ergomedplc.com.