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Project Benefits
This capability represents a tremendous step forward in gaining rapid access to decades of safety data currently “locked away” in company archives. The benefits of such access are manifold and compelling:

  • Cost and credibility savings gained by shortening the time to submit data to regulatory authorities (The potential savings if 2% fewer compounds fail for safety reasons can $10-$20M for a large biopharmaceutical company).
  • More intelligent and broad access to historical information will lead to better decisions.

The potential return on investment for even a 2% improvement in development decisions (i.e. 2% fewer compounds fail for safety reasons) can be dramatic (e.g. large companies with pre-clinical R&D budgets in excess of $1B will save several million dollars in lost effort annually).

  • Tremendous cost savings in terms of human resources to access, sort and find needed information on marketed products, particularly in case of litigation.
  • Better protection of, access to, and value from vast stores of intellectual property.

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