valeant pharma case study

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Valeant Pharmaceuticals International, Inc. is a multinational specialty pharmaceutical and medical device company that develops, manufactures and markets a broad range of prescription and non- prescription pharmaceutical products to make a meaningful difference in patient’s lives. As part of their mission, Valeant is committed to improving the quality of life for patients and supporting the ongoing medical and scientific education of healthcare professionals. Accordingly, Valeant provides Investigator Initiated Studies (IIS) and Continuing Medical Education (CME) grants to support bona- fide educational and scientific research programs. CASE STUDY The Versaic-powered portal helps community groups and researchers understand Valeant’s criteria for support and makes it easy to engage with the company. Implementing Versaic streamlines the process and enhances the Valeant brand with key constituents. Valeant Pharmaceuticals This case study is for informational purposes only. www.versaic.com 650-212-7424

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Valeant Pharmaceuticals International, Inc. is a multinational specialty pharmaceutical and medical device company that develops, manufactures and markets a broad range of prescription and non-prescription pharmaceutical products to make a meaningful difference in patient’s lives. As part of their mission, Valeant is committed to improving the quality of life for patients and supporting the ongoing medical and scientific education of healthcare professionals. Accordingly, Valeant provides Investigator Initiated Studies (IIS) and Continuing Medical Education (CME) grants to support bona-fide educational and scientific research programs.

CASE STUDY

The Versaic-powered portal helps community groups and researchers understand Valeant’s criteria for support and makes it easy to engage with the company. Implementing Versaic streamlines the process and enhances the Valeant brand with key constituents.

Valeant Pharmaceuticals

This case study is for informational purposes only.www.versaic.com 650-212-7424

Situation Prior to Versaic, Valeant had a system in place to manage IIS and CME requests, however it was ineffective and cumbersome. Both IIS and CME grants have their own area of focus and criteria for support, with an overall goal of making the biggest impact possible with the dollars invested. In the previous system, Valeant employees spent a great deal of time organizing requests, thereby losing time that could be better spent on identifying proposals that align with the company mission. Sometimes information was lost or not processed on time causing a lot of manual work to correct the situation. Further, they needed a system to properly handle concept vs. full applications for IIS, and they needed the flexibility to have separate reviewers by therapeutic area. They also wanted someone to handle the system administration so they could focus on their programs and provide meaningful support to the on-going medical and scientific education of healthcare professionals.

Versaic’s easy-to-use dashboard enables Valeant to manage all the information associated with their educational grants and investigator initiated trial programs. Data can be tracked, routed and reported on according to Valeant’s specific criteria.

CASE STUDY

www.versaic.com 650-212-7424

Solution In order to evaluate all the IIS and CME requests Valeant received, they needed an online request management system that could handle their unique processes. Versaic developed a flexible solution to meet all these needs and more. The Versaic platform is designed to fit your process, so concept vs. full applications and multiple reviewers is no problem. You are also able to manage automatic reconciliation and rest assured that all data needed for ANY reporting is captured. With the Versaic system in place, Valeant can stay actively engaged with researchers and physicians who are interested in working with the company’s products while making sure to adhere to strict compliance laws. Requests can easily be evaluated for fit with the company’s products and educational objectives.

Summary Valeant recognizes that IIS enables research that has the potential to improve the treatment of diseases, patient outcomes and the quality of healthcare. Backed by the Versaic solution, Valeant is able to identify and invest in the most promising academic and community-based scientists interested in conducting research. They are also able to fulfill the need of healthcare professionals relying on continuing medical education to improve their practice and deliver high-quality, safe and effective patient care. With the Versaic system in place, Valeant is able to better manage their review and monthly committee meeting processes. And as Valeant's programs and needs evolve, Versaic is there to adapt their system to further speed processing and handling. This partnership approach to support is included at no additional charge.

CASE STUDY

www.versaic.com 650-212-7424

For more information about Versaic solutions, please contact us at [email protected] or 650-212-7264.

“Versaic’s system provided us with many features to streamline our review of educational and research related grant applications. The Quick View option has been a huge help– our old system made you login to review anything and that was painful to individuals who did not go into the system on a regular basis. The Versaic email tool is much more user-friendly as well– giving you the option to pick which template you want to use.”

Teneisha Boisseau, Medical Affairs, Valeant