VALIDIA - AI for Compliant Medical Docs

One of the best, short reports about gen-AI in Pharma by Bain & Company, that should also be applied to MedTech & BioTech today. 5 learnings from the report, that will transform the industry: Gen-AI is already widely used, and use-cases should be build today 60% of pharma companies have moved beyond ideation and are actively building solutions. Prioritize AI projects that align with your long-term goals and directly impact . Establish champions in your company: The best companies have established AI champions across teams to ensure 100% alignment and drive success. Invest in Talent & Partnerships: Given the 40% increase in AI initiatives, now’s the time to recruit top talent and partner with experts to accelerate your AI journey as talent is rare and in high demand. Stay Ethical & Compliant: 75% of companies cite AI as a top priority. Build with a focus on ethics, privacy, and regulatory compliance right from the start. Scale Thoughtfully, start pilots today: Start small, with 54% of companies already scaling successful AI pilots across their organizations.

A steady rate of violations, yet a devastating 47% increase in average fines over the past years?¹ Many companies are using compliance software such as Veeva Vault to validate their promotional material. Yet during the past 2 decades, the rate of "off-label or unapproved promotion violations" remained the same. This is precisely, why at VALIDIA - We validate your medical claims and reduce costs we've built a Co-Pilot that provides a second pair of eyes on your compliant documents. We saw an average fine increase from $310M to $457M. Notably, companies like Johnson & Johnson and Teva Pharmaceuticals have faced massive fines, some reaching into the billions! Mistakes are getting costlier, work force is getting more expensive and the volume of promotional material is increasing with growth. This trend underscores the critical importance of regulatory compliance and the escalating financial risks of non-compliance. It is time for AI to support medical affairs, regulatory and legal in their tasks. ¹https://lnkd.in/drmtWxwq #Pharma #Medicalaffairs #Regulatory #Compliance #Regulation #Healthcare #IndustryTrends #EthicalBusiness

Did you know that life science companies lose $9.8 billion annually due to false claims or off-label promotions?¹ This doesn't just "affect" your revenue targets, it BREAKS them. The reasons are manifold: ⌛ MLR teams often have to compromise between safety and speed due to the lack of necessary tools. 🧐 MLR professionals are in high demand, leading to understaffing and human error. 🎯 MLR teams must juggle multiple priorities, with marketing material review often not being the top focus. At Validia, we’ve developed the essential automations that eliminate the need for compromise between safety and speed, providing an extra set of eyes to catch errors. Veeva Systems lets solve this issue together! 1. Source: https://lnkd.in/dJAASxHB

Did you know that life science companies lose $9.8 billion annually due to false claims or off-label promotions?¹ This doesn't just "affect" your revenue targets, it BREAKS them. The reasons are manifold: ⌛ MLR teams often have to compromise between safety and speed due to the lack of necessary tools. 🧐 MLR professionals are in high demand, leading to understaffing and human error. 🎯 MLR teams must juggle multiple priorities, with marketing material review often not being the top focus. At Validia, we’ve developed the essential automations that eliminate the need for compromise between safety and speed, providing an extra set of eyes to catch errors. Veeva Systems lets solve this issue together! 1. Source: https://lnkd.in/dJAASxHB

Did you know that large life science companies can spend up to $13,500,000 each year just to check the medical claims in their documents? At VALIDIA - We validate your medical claims and reduce your costs we automate precisely this process. Our advanced technology helps your medical affairs team focus on important projects instead of spending hours checking documents. Say goodbye to expensive and slow manual validation, and say hello to a smarter, faster way to bring you peace of mind. Want to learn more? Contact us today to schedule a demo and see how we can help you cut down on cost and work better together. #MedicalAffairs #DocumentValidation #LifeSciences #RegulatoryCompliance

⏳ Does your team often wait weeks for feedback from Medical Affairs on new compliant documents? We understand the challenges: Medical Affairs teams are typically focused on generating evidence or engaging with KOLs, leaving little time for document validation. This delay can be frustrating and inefficient. We are here to change that. Our innovative tool provides instant feedback on compliant documents, seamlessly integrating with Veeva Vault or your platform of choice. No need for a new system. ⚡ We are currently seeking a life science company to pilot this integration. If you're looking to streamline your validation process and save valuable time, let’s connect.

🌟 Welcome to all our new followers! 🌟 At Validia, we believe that medical document validation should be fast and precise, ensuring that no one has to compromise on quality. Our commitment is to streamline this process, empowering healthcare providers to deliver the best care possible and let their Medical Affairs focus on what truly matters. Thank you for joining us on this journey toward excellence and innovation in medical documentation. Together, we're making a difference! #MedicalDocumentation #MedicalAffairs