Welcome to TMCnet.com
TMC Launches New Sites: Cable 4G Wireless Evolution  |  Satellite  |  Green Tech  | IT | IVR |  ITEXPO East begins in:   REGISTER NOW!
Columnists:
E-mail this page to a friend Order reprints online Print this page Bookmark this page Free magazines Free newsletters RSS-XML alerts

August 04, 2008

On-X Life Tech Reduces Study Management Costs w/ TEMPO

By Raju Shanbhag, TMCnet Contributing Editor

Saving more than $2 million in conducting the company’s prosthetic heart valve clinical trials, On-X Life Technologies has worked with Clinipace, an on-demand clinical research software company when conducting two research studies using TEMPO – Clinipace’s software platform.
 
The company originally pursued an outsource management strategy because of the perceived complexity of the project. Also, the randomized control clinical trial involves up to 1,200 patients across 40 different medical centers nationwide. On-X Technologies decided to take a different path to reduce cost and manage the study internally with On-X employees and clinical research software, after several weeks of cost analysis and market research.
 
On-X started the process of evaluating partners to assist with study management after it received the U.S. Food and Drug Administration (FDA) approval in early 2006. With this, the company was granted permission to conduct an investigational device exemption (IDE) clinical trial of the On-X Prosthetic Heart Valve at reduced anticoagulation levels following review and approval by clinical centers.
 
On-X determined that with TEMPO software, they could provide project management themselves as part of the evaluation process. Compared to outsourcing alternatives, this came at a cost savings of 50 to 60 percent over $2 million and with a team of three internal people. Clinipace always looks to offer customers with the tools and services to complete their research initiatives. The company seeks to achieve this by avoiding huge expense traditionally associated with CROs and legacy software vendors.
 
After the completion of this long-term anticoagulation study, the FDA will determine whether the research conducted by On-X - powered by TEMPO - is conclusive enough to make On-X’s prosthetic heart valve the first ever FDA-approved mechanical heart valve permitted for low-dose anticoagulation therapy.
 
“We had to find the right software partner to work with us,” John Ely, executive vice president for Regulatory Affairs at On-X Technologies said. “We wanted a web-based solution without all the upfront and long-term costs usually associated with packaged software. As a small medical device company, we needed a partner who understood our business cycle and company stage. We had to find the right software partner to work with us. We wanted a web-based solution without all the upfront and long-term costs usually associated with packaged software. As a small medical device company, we needed a partner who understood our business cycle and company stage.”
 
Raju Shanbhag is a contributing editor for TMCnet. To see more of his articles, please visit his columnist page

E-mail this page to a friend Order reprints online Print this page Bookmark this page Free magazines Free newsletters RSS-XML alerts


Today @ TMC
Upcoming Events
19th INTERNET TELEPHONY Conference & EXPO East
February 2-4, 2009 — Miami Beach Convention Center, Miami, FL
Digium Asterisk World Conference
February 2-4, 2009 — Miami Beach Convention Center, Miami, FL
4G Wireless Evolution Conference
February 2-4, 2009 — Miami Beach Convention Center, Miami, FL
6th Annual Communications Developer Conference
February 2-4, 2009 — Miami Beach Convention Center, Miami, FL
20th INTERNET TELEPHONY Conference & EXPO West
October 27-29, 2009 — Los Angeles Convention Center, Los Angeles, CA
Subscribe FREE to all of TMC's monthly magazines. Click here now.
TMC LOGO
Technology Marketing Corporation,
One Technology Plaza, Norwalk, CT 06854 USA
Ph: 800-243-6002, 203-852-6800; Fx: 203-866-3326
General comments: tmc@tmcnet.com. Comments about this site: webmaster@tmcnet.com.
About   Contact  Advertise
Technology Marketing Corp. 1997-2008 Copyright. Privacy Policy Sitemap
Advanced