Five of Top-Ten Global Pharmaceutical Companies Rely On Cegedim Relationship Management for Drug Sample Accountability and Compliance - Insurance News | InsuranceNewsNet

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February 7, 2011
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Five of Top-Ten Global Pharmaceutical Companies Rely On Cegedim Relationship Management for Drug Sample Accountability and Compliance

Accurate, Efficient Sample Management Saves Companies Time and Money

BEDMINSTER, N.J.--(BUSINESS WIRE)-- Cegedim Relationship Management today announced that five of the top ten global pharmaceutical companies rely on its Sample Management and Reconciliation Services for accurate accounting of their sampling activity. Cegedim Relationship Management’s Compliance Solutions Division has expertly met companies’ sample reconciliation needs since 2000, supporting sample inventory reconciliation for tens of thousands of sales representatives to date.

As companies seek to account for all samples distributed to fulfill the federal requirements of the Prescription Drug Marketing Act (PDMA), valuable company time and resources can be consumed. However, outsourcing this critical task can lower the risk of costly errors and relieve sales representatives and remote staff of the day to day administrative burden. This frees sales representatives to maximize their profitable time in the field, and home office personnel to focus on higher value compliance responsibilities.

Flexible and efficient, Sample Reconciliation Services can be delivered via their client’s existing software system or via Cegedim Relationship Management’s industry leading sample management software, Sample Guardian™. Regardless of which technology companies choose, they benefit from Cegedim Relationship Management’s proven, proprietary method, powered by BuzzeoPDMA, and 20-plus years of market-leading consulting services and comprehensive federal and state regulatory compliance capabilities.

In addition to saving time and increasing accuracy, this service also reduces the cost of reconciliation. One Cegedim Relationship Management client who is utilizing Sample Reconciliation Services estimates that they will save more than $5 million over their previous in-house solution in a five year period. Their services include on-going sample inventory reconciliation, annual inventory and sales representative closeouts.

“It's not just an add-on function," explained Bill Buzzeo, Vice President and General Manager of Global Compliance Solutions at Cegedim Relationship Management. “It’s a core competency. Regulatory compliance is what we do, and we keep up with day-to-day changes so our customers don't have to. We’re the experts, and that’s why we’re the go-to company for this service.”

About Cegedim Relationship Management:

Cegedim Relationship Management is the Life Sciences industry’s leading provider of Customer Relationship Management (CRM) solutions. Designed specifically for Life Sciences, the company’s innovative business solutions incorporate a thorough understanding of local, regional and worldwide trends. Cegedim Relationship Management enables more than 200,000 users in many of the world’s most innovative companies to stay ahead of market challenges. In addition to CRM, Cegedim Relationship Management also provides marketing, data optimization and regulatory compliance solutions in more than 80 countries. Cegedim Relationship Management is part of the France-based Cegedim S.A. Group.

To learn more, please visit: www.cegedim.com/rm.

About Cegedim:

Founded in 1969, Cegedim is a global technology and services company specializing in the healthcare field. Cegedim supplies services, technological tools, specialized software, data flow management services and databases. Its offerings are targeted notably at healthcare industries, life sciences companies, healthcare professionals and insurance companies. The world leader in life sciences CRM, Cegedim is also one of the leading suppliers of strategic healthcare industry data. Cegedim employs 8,500 people in more than 80 countries and generated revenue of €926 million in 2010. Cegedim SA is listed in Paris (EURONEXT: CGM).

To learn more, please visit: www.cegedim.com.

Cegedim Relationship Management
Global Communications
Drew BUSTOS, +1-908-443-2451
[email protected]
or
Cegedim
Media Relations
Aude BALLEYDIER, +33 (0)1 49 09 68 81
[email protected]

Source: Cegedim Relationship Management

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