Huron Consulting Group Launches Clinical Trial Data Analytics and Visualization Service
August 12 2014 - 7:55AM
Business Wire
Huron Life Sciences trialRx Helps
Organizations Mitigate Clinical Trial Disclosure Risks
Huron Consulting Group (NASDAQ: HURN), a leading provider of
business consulting services, today announced the launch of its
trialRxtm service, a Huron Life Sciences clinical trial data
monitoring service that helps pharmaceutical, biotechnology and
medical device companies understand and mitigate clinical trial
disclosure risks.
Huron Life Sciences’ trialRx service is enabled by a unique,
proprietary data analytics and visualization tool that leverages a
database of the 32 million unique data points available on the
National Institutes of Health’s (NIH) website, clinicaltrials.gov.
The trialRx service provides an accurate, automated way to monitor
clinical trial registration and results reporting compliance,
allowing companies to develop focused strategies to mitigate
clinical trial disclosure risks efficiently.
“The trialRx service provides life sciences companies with a
straightforward, efficient way to monitor all publicly available
information posted on clinicaltrials.gov. Based on this
information, they can generate insights to inform and support
various clinical operations and compliance initiatives,” said Paul
J. Silver, managing director and practice leader, Huron Life
Sciences. “We developed the trialRx service to further support the
strategic, clinical and regulatory compliance needs of our clients
in a world where data is everywhere – and where being able to use
it is critical.”
Risk Exposure and Data Quality
The trialRx service equips companies to understand their overall
risk exposure on clinicaltrials.gov for each of their clinical
trials. Huron’s clients have experienced a reduction in overall
noncompliance and realized additional value by using the service to
enhance data quality, create business insights and identify
operations improvement opportunities. Specifically, clients have
used the trialRx service to identify and remediate data quality
issues including errant clinical trial sponsor listings, duplicate
secondary IDs, lack of universal trial numbers and identification
of non-harmonized study conditions and interventions.
“Our trialRx service fills a distinct need in the marketplace by
closing the loop between what is posted by clinical trial sponsors
– either manually or using trial data disclosure solutions – and
what regulators require,” said BJ D’Avella, director, Huron Life
Sciences. “It provides sponsors an efficient, cost-effective way to
understand their evolving clinical trial portfolios and can be
customized to meet our clients’ unique business and compliance
needs.”
Huron’s trialRx service is compatible with existing software
solutions that automate aspects of the posting of trials to
clinicaltrials.gov and can help ensure that those postings are
complete, accurate, and timely.
For more information on Huron’s trialRx service or to request a
demo, visit: https://trialrx.com.
About Huron Life Sciences
Huron Life Sciences serves pharmaceutical, medical device and
biotechnology companies, healthcare providers, academic medical
centers and the law firms and investment firms that support these
organizations to achieve financial, operational, and strategic
objectives. Learn more
at www.huronconsultinggroup.com/lifesciences or follow us on
Twitter: @Huron.
About Huron Consulting Group
Huron Consulting Group helps clients in diverse industries
improve performance, transform the enterprise, reduce costs,
leverage technology, process and review large amounts of complex
data, address regulatory changes, recover from distress and
stimulate growth. Our professionals employ their expertise in
finance, operations, strategy and technology to provide our clients
with specialized analyses and customized advice and solutions that
are tailored to address each client's particular challenges and
opportunities to deliver sustainable and measurable results. The
Company provides consulting services to a wide variety of both
financially sound and distressed organizations, including
healthcare organizations, leading academic institutions, Fortune
500 companies, governmental entities and law firms. Huron has
worked with more than 425 health systems, hospitals, and academic
medical centers; more than 400 corporate general counsel; and more
than 350 universities and research institutions. Learn more at
www.huronconsultinggroup.com.
Huron Consulting GroupJennifer Frost Hennagir,
312-880-3260jfrost-hennagir@huronconsultinggroup.com
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