Drug Supply Management
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Overproduction of a drug can dramatically drive up the cost of your clinical trial. At Covance, our Interactive Voice & Web Response Services (IVRS/IWRS) allow real-time data access and visibility into your trial, giving you:
- The control you need to reduce drug overproduction costs by 70% to 100%.
- The flexibility to start your study sooner — even when you only have a small quantity of a drug or when you need to conserve a drug.
- The foresight to achieve substantial reductions in drug supply wastage and distribution costs.
When using Covance IVRS/IWRS, you have a minimum start quantity of treatment at each site and automatically re-supply only the sites that are enrolling patients based on actual consumption and demand. By allowing real-time data to control where and when the drug is sent, Covance will help you reduce the amount of drug wastage to approximately 3%.
When utilizing our IVR/IWR services, you will also have the added flexibility to move drug supply between depot's and warehouses, in real-time, online. Additionally, you will have real-time access to:
- Quantity of treatment at each investigator site and depot
- Number of patients screened and enrolled by site
- Date of next scheduled patient visit
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| Case Study: Reduce Drug Costs |
A customer with a 3,000-patient trial had 12 drug assignments per patient at an average cost of $25 per dispensing unit.
- Without Covance Interactive Voice Response Services (IVRS), the customer would have needed to produce 170% of the drug (at a cost of $1,530,000).
- Instead, the customer only needed to produce $927,000 worth of the drug — saving more than $600K.
In trials where drug supply is limited or costly, it pays to allow real-time data from Covance IVRS to drastically reduce drug wastage. |
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