Drug discovery involves identifying and characterizing molecules that can safely treat diseases, aiming to develop medicines that improve patients' lives. This process is lengthy, resource-intensive, and requires collaboration across multiple disciplines. Only about 14% of drug candidates entering phase 1 clinical trials gain FDA approval, and successful ones take 10-15 years and around $2.5 billion to develop.
Despite increased R&D spending, the number of approved drugs has not risen proportionally, requiring higher investment per approved drug each year. Optimizing drug discovery is crucial for the pharmaceutical industry, as efficient identification and selection of drug candidates significantly impact the cost and profitability of new medicines. This can be achieved through a multipronged approach, enhancing modeling technologies for a deeper understanding of disease mechanisms and more accurate identification of potential drug targets.
Our Position...
Instem’s Discovery Study Management is made up of following functions:
- Support - supporting our customers and the consultants working with them
- Product Management - defining the strategy and roadmap for our product line
- Product Delivery - engineering and testing the products
- Project Delivery - bridge the gap between what our customer needs and what we offer. It includes:
- Business analysis
- Configure the platform to optimize the benefits
- Prepare and deliver planning and analysis templates
- Training and rollout services
BioRails is a platform product suite made up of the following product modules and applications:
BioRails Modules
- PTO - requesting and planning studies
- DM - workflow-driven data management
- INV - inventory of samples consumed and generated
- MT - material registration
- BioHub - tools to load and aggregate data into a warehouse
Applications
- InLife - managing vivarium activities
- Morphit - a workflow productivity tool for data capture, analysis, and reporting
Our customers consider BioRails a critical piece of their data infrastructure. With more than 2500 users in 21 organizations, we are on a mission to save one day per week per scientist for our clients.
