Alcon and Veeva MedTech
Veeva Systems Inc
/@VeevaSystems
Published: February 5, 2021
Insights
This video provides an in-depth testimonial from Lori Holder of Alcon, detailing the company's strategic decision to implement Veeva Vault RIM (Regulatory Information Management) to modernize and automate its regulatory operations. The primary driver for the migration was the severe disadvantage posed by their previous, outdated solution, which lacked the advanced capabilities necessary to keep pace with the rapidly evolving regulatory landscape. Alcon was particularly impressed by Veeva's platform capabilities, noting its straightforward, intuitive interface—specifically mentioning the "drag and drop" functionality—which promised to transform their business processes by empowering end-users.
A significant factor attracting Alcon to Veeva was the vendor's commitment to continuous improvement and customer responsiveness. Alcon highlighted Veeva's philosophy of providing three major updates annually, ensuring the system remains current with global regulatory changes. Furthermore, the speaker emphasized the value of Veeva actively soliciting and incorporating customer input, demonstrating a genuine interest in delivering the best possible product. This partnership approach was crucial, as it assured Alcon that their investment would remain viable and supported in the long term, addressing specific operational challenges brought forward by the regulatory team.
The expected key benefits of the Veeva Vault RIM implementation center on decentralizing control and achieving global operational visibility. Previously, submission managers bore the burden of much of the preparatory work for submission writers. The new system empowers submission writers to initiate their own submissions and manage approval routing directly, streamlining workflows and increasing efficiency. Critically, the implementation allows Alcon to expand its regulatory scope globally. While the old system was largely confined to US and EU regulatory activities, forcing other countries to use disparate local systems, Veeva Vault provides a central platform. This expansion ensures greater visibility into global regulatory activities and establishes a centralized archive for all regulatory documentation.
Looking ahead, Alcon anticipates substantial benefits from expanding their Veeva RIM capabilities into registration tracking and publishing. The current state involves highly manual, fragmented tracking processes—such as managing changes and registrations via disparate tools like SharePoint and Excel—which are inefficient and prone to error. Moving these critical tracking functions into a single, accessible system promises immense time savings and improved data integrity. The ultimate goal is to streamline and automate numerous manual tasks currently performed by the regulatory team, unlocking significant operational efficiencies and ensuring robust compliance across their global footprint.
Key Takeaways:
- The Cost of Outdated Systems: Operating with legacy regulatory solutions puts life sciences companies at a significant disadvantage, failing to keep pace with modern regulatory requirements and best practices, necessitating a move to advanced platforms like Veeva Vault RIM.
- Prioritizing User Empowerment: A core benefit of the new system is shifting power to the end-users, specifically submission writers, allowing them to initiate submissions and manage approval routing directly, thereby reducing bottlenecks and reliance on submission managers for administrative tasks.
- Value of Vendor Philosophy: Veeva's commitment to three annual updates and its proactive approach to soliciting and incorporating customer feedback were major differentiators, ensuring the platform remains compliant and optimized for evolving regulatory needs.
- Achieving Global Regulatory Harmonization: Implementing a centralized platform like Veeva Vault RIM is essential for expanding regulatory operations beyond core markets (US/EU) and integrating global regulatory activities, replacing disparate local systems with a unified, visible archive.
- Centralized Data Archive and Visibility: The system provides a central archive, offering comprehensive visibility into global regulatory activities, which is critical for compliance, audit readiness, and strategic planning across international markets.
- Automation of Manual Tracking: Significant operational gains are anticipated by automating the manual tracking of changes and registrations, which are currently inefficiently managed across non-integrated tools like SharePoint and Excel.
- Strategic Expansion of RIM Capabilities: The initial implementation serves as a foundation, with plans to expand the use of Veeva Vault RIM into advanced functions such as registration tracking and publishing, maximizing the return on investment in the platform.
- Streamlining Compliance Workflows: The move from manual, fragmented processes to an automated, single-system approach is expected to dramatically streamline regulatory compliance workflows, reducing the risk of human error and accelerating time-to-market.
- Intuitive Interface is Key: The platform's ease of use, described as "drag and drop" and straightforward, is crucial for user adoption and maximizing the efficiency gains promised by the new technology.
Tools/Resources Mentioned:
- Veeva Vault RIM (Regulatory Information Management)
- SharePoint (used for manual tracking, being replaced)
- Excel (used for manual tracking, being replaced)
Key Concepts:
- Veeva Vault RIM: A cloud-based suite of applications designed to manage the entire regulatory process, including submissions, registrations, publishing, and archiving, ensuring compliance and efficiency in the life sciences industry.
- Global Regulatory Visibility: The ability for a central regulatory team to monitor and manage all regulatory activities across all operating geographies, moving away from siloed, country-specific systems.
- Submission Writers/Managers: Key roles within regulatory affairs; the new system empowers the writers to take on tasks previously handled by the managers, decentralizing workflow control.