Algorics releases latest version of its acuity solution a regulatory compliant risk management software platform for clinical trial monitoring, and announces new trading name to provide a single global identity.
Houston, TX, USA, For Release: 5th August 2015. Algorics, a provider of clinical analytics solutions and software for the global life sciences industry, today announced the release of the latest version of its acuity solution designed for use by pharma, biotech, CRO and academic organisations to drive regulatory compliant processes around management of risk. The acuity solution allows organisations to assess and capture the risk profile for a clinical trial and map risks to intelligent actions as part of the risk based monitoring paradigm.
Key features of the new release
Implement cross-functional risk planning utilizing the acuity risk plan™ module:
- Teams can collaborate in the cloud on identifying risks, determine mitigation strategies and related key risk indicators, and assign responsibilities in an integrated risk management plan aligned with industry and regulatory authority best practices.
Empower your central monitoring team utilizing the acuity insights™ module:
- Leverage acuity’s integration engine to bring together multiple data streams, define real-time alerts and monitor signals in the data, and access the acuity insights library of over 150 data visualization templates.
Transform site monitoring utilizing the acuity profiles™module:
- Take a detailed look at site and subject profiles that highlight where your site monitors should focus their time and effort.
New Trading Name
In conjunction with this release of acuity the company has also begun trading as Algorics (previously known as Algorithm) to provide a single global identity as the organisation continues to grow in all markets.
Algorics Chief Commercial Officer Rob Nichols said “We are delighted to announce these major developments which support our rapid expansion. By continuing to invest heavily in product R&D, together with our belief that solutions should allow companies to manage risk across the lifespan of a clinical trial as well as around the monitoring of data, we are being rewarded with increased customer traction.”
Algorics brings together a team of highly experienced software and life sciences professionals, united behind a single goal: to provide innovative clinical analytics solutions and software to the global life sciences industry with consistent and reliable quality.