Monday, February 07, 2011

Drug Sample Accountability and Compliance For Pharmaceutical Companies

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.”

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

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