Axtria Inc., a leading company in cloud software and data analytics for the life sciences industry, has announced the launch of Axtria DataMAxTM Emerging Pharma.
This new enterprise-grade SaaS solution, powered by AI, aims to assist emerging and small biotech and pharmaceutical companies, particularly those specializing in specialty drugs, in making data-driven decisions to enhance their speed to market and reduce commercialization costs. The solution leverages brand-specific insights from commercial data to patient data and more.
Companies in the emerging pharma sector often encounter challenges accessing high-quality data insights necessary for quickly scaling to meet the demands of a growing portfolio. Additionally, issues such as limited drug accessibility for patients and higher-than-average drug abandonment due to high costs can pose further obstacles to growth.
Jaswinder Chadha, the co-founder and CEO of Axtria, emphasizes, "By providing democratic access to crucial insights enabling data-driven decisions, we are offering a vital competitive advantage to emerging biotech and pharmaceutical companies." Importantly, the scalability of this solution ensures that Axtria DataMAx Emerging Pharma can grow alongside these businesses as they expand globally.
With plug-and-play capabilities and pre-packaged business reporting, Axtria DataMAx Emerging Pharma can be easily deployed within six weeks to establish a comprehensive data management system. This secure and seamless environment eliminates data silos, automates data pipelines, and is designed to scale on demand.
Axtria DataMAx Emerging Pharma provides emerging companies with the same capabilities available in Axtria DataMAx, a solution trusted by many of the top 20 global pharmaceutical companies. It shares a common data layer across all products in the Axtria portfolio and can support the omni-channel sales engagement, planning, and operations capabilities of Axtria SalesIQTM and Axtria CustomerIQ, as well as the marketing analytics and campaign management capabilities of Axtria MarketingIQTM, successfully deployed in emerging companies.
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