{"id":49237,"date":"2023-12-06T09:13:02","date_gmt":"2023-12-06T09:13:02","guid":{"rendered":"https:\/\/www.arisglobal.com\/?p=49237"},"modified":"2024-09-05T08:20:45","modified_gmt":"2024-09-05T08:20:45","slug":"5-new-innovations-set-to-transform-regulatory-information-management","status":"publish","type":"post","link":"https:\/\/www.arisglobal.com\/blogs\/5-new-innovations-set-to-transform-regulatory-information-management\/","title":{"rendered":"5 New Innovations Set to Transform Regulatory Information Management"},"content":{"rendered":"<h3 style=\"font-size: 24px; margin: 0px 0px 50px 0px; font-weight: 500; font-style: italic;\">Learn how exciting new technological innovations are set to impact how regulatory information management teams work in 2024 and beyond.<\/h3>\n<p><img decoding=\"async\" class=\"lazyload alignnone wp-image-46164 size-large\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%271024%27%20height%3D%27557%27%20viewBox%3D%270%200%201024%20557%27%3E%3Crect%20width%3D%271024%27%20height%3D%27557%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.arisglobal.com\/wp-content\/uploads\/2022\/03\/computer-1024x557.png\" alt=\"A man in a lab coat works on a computer\" width=\"1024\" height=\"557\" \/><\/p>\n<h3><b><span data-contrast=\"none\">The Rise of Artificial Intelligence in Life Sciences<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h3>\n<p><span data-contrast=\"auto\">The rise of artificial intelligence (AI) is fundamentally changing how we conduct our daily lives. There has been a proliferation of AI-powered capabilities \u2013 including voice assistants and chat bots, algorithmically recommended products, services, and content, language processing applications, and much more \u2013 with even more transformative innovations right on the horizon.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">This is leading to changes across industries, which includes regulatory information management. Life sciences firms are already harmonizing their databases and processes, increasing interoperability and accessibility of regulatory data across the enterprise and the next step is taking advantage of the AI revolution, to implement solutions capable of delivering advanced AI and analytics capabilities.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Interest levels in these innovations are high. For example, according to a recent Gens &amp; Associates study<\/span><span data-contrast=\"auto\">1<\/span><span data-contrast=\"auto\">, 73% of top respondents in the large survey tier are interested in investing in AI\/ML algorithms, while 51% of firms surveyed are currently working on a digitization strategy.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Benefits these innovations can provide include:<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><i><span data-contrast=\"auto\">Empowering Knowledge Workers<\/span><\/i><span data-contrast=\"auto\"> \u2013 Reduce mundane tasks to gain efficiencies and allow team to focus on value-adding activities.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><i><span data-contrast=\"auto\">Improving Data Quality<\/span><\/i><span data-contrast=\"auto\"> \u2013 Quickly run comparisons and checks on vast amount of data spot discrepancies and ensure consistency.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><i><span data-contrast=\"auto\">Enhancing Decision-Making<\/span><\/i><span data-contrast=\"auto\"> \u2013 Readily understand the impact of new regulations and other changes on global compliance.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"4\" data-aria-level=\"1\"><i><span data-contrast=\"auto\">Accelerating Time-to-Market<\/span><\/i><span data-contrast=\"auto\"> \u2013 Save time and effort by more efficiently processing large amounts of data, tasks, and information.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<h3><b><span data-contrast=\"none\">Driving Innovation with <a href=\"https:\/\/lifesphere.arisglobal.com\/platform\/regulatory\/\">LifeSphere Regulatory<\/a><\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h3>\n<p><span data-contrast=\"auto\">It is clear why life sciences firms are interested in taking advantage of these innovations \u2013 but in entering this new year, how can they best realize that value through tangible, achievable use cases?\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">As we enter 2024, we are making significant investments in our <a href=\"https:\/\/lifesphere.arisglobal.com\/platform\/regulatory\/\">LifeSphere Regulatory platform<\/a> to drive industry-leading innovation and ensure life sciences firms realize the benefits of the latest advancements in AI and analytics.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><b><i><span data-contrast=\"auto\">Below are 5 key transformative use cases that we believe will have the most immediate user benefits.<\/span><\/i><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<h4><b><span data-contrast=\"none\">Content Ingestion and Processing<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h4>\n<p><span data-contrast=\"auto\">Life science firms currently spend considerable manual effort working to ingest and classify regulatory content and trigger related regulatory actions. New innovations are enabling life science firms to automate these processes, including the ingestion of health authority (HA) communications, as well as submissions in non-standard formats.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">This automation can lead to significant efficiency gains in regulatory operations and increase the quality of HA interactions. It also helps firms to build the knowledgebase of questions and responses to HA communications, as well as consistent submission archives.\u00a0\u00a0\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<h4><b><span data-contrast=\"none\">Automated Content Generation<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h4>\n<p><span data-contrast=\"auto\">Firms need more efficient ways to review available data and summarize findings to ensure products remain compliant with global regulations, while instilling confidence their findings and conclusions are sound. To help with this, firms are increasingly relying on automation for content generation.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">From drafting documents such as HA responses, summary reports, DSURs or PSURs, to summarizing documents to provide quick content insight and translating documents such as national HA regulations or correspondence, automation can lead to significant authoring effort savings, allowing experts to focus on high value\u202ftasks and increasing accessibility and quality of regulatory content.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<h4><b><span data-contrast=\"none\">Compilation of Regulatory Submissions<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h4>\n<p><span data-contrast=\"auto\">It is often tedious and time-consuming to compile registration and variation submissions using the right documents in the right context. New innovations can streamline these efforts, including the automation of global submission management, submission compilation, and quality checks of compiled submissions.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">This automation can lead to significant efficiency gains in regulatory operations, an increase in the quality of regulatory submissions and the percentage of submissions done correctly the first time, and shorten overall time to market through faster submissions with less errors.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<h4><b><span data-contrast=\"none\">Enhanced Regulatory Intelligence<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h4>\n<p><span data-contrast=\"auto\">Keeping up to date with ever-changing regulatory requirements across the globe is a major undertaking. Automation can help alleviate this by enabling life science firms to collect, classify, translate, and summarize new regulations, summarize changes between regulation versions, automatically ingest new guidelines, and provide regulatory users with contextual regulatory insights during daily work.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Together, this enables faster distribution and comprehension of regulatory changes, which leads to an increase in quality of regulatory submissions and a decrease in deficiencies and rework needed, while also shortening the overall time to market.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<h4><b><span data-contrast=\"none\">Conversational Information Discovery<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h4>\n<p><span data-contrast=\"auto\">Finally, life science firms need a more efficient and flexible way to extract insights from data and content, to make more informed decisions, and ensure more consistent regulatory compliance.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Conversational UI offers a solution to this, enabling teams to extract insights from regulatory content repositories, analyze regulatory data, and get guidance based on the regulatory intelligence knowledge base. By leveraging generative AI to query repositories and databases for information, it becomes much easier for team members to get the insights they need in real-time<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<h3><b><span data-contrast=\"none\">Life Science Regulatory Information Management Innovations in 2024<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h3>\n<p><span data-contrast=\"auto\">Ready to learn more? Check out our <\/span><a href=\"https:\/\/resources.arisglobal.com\/media\/webinar-life-science-regulatory-information-management-innovations-in-2024\"><span data-contrast=\"none\">webinar<\/span><\/a><span data-contrast=\"auto\"> \u201cLife Science Regulatory Information Management Innovations in 2024\u201d for a detailed look at how the industry is changing, our key predictions for how it will evolve in 2024, and what to keep in mind as you build your 2024 strategy.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><b><i><span data-contrast=\"none\">1: Source: <\/span><\/i><\/b><a href=\"https:\/\/gens-associates.com\/2022\/09\/21\/2022-world-class-regulatory-information-management-rim-study-whitepaper\/\"><b><i><span data-contrast=\"none\">Gens &amp; Associates 2022 World Class RIM Study<\/span><\/i><\/b><\/a><b><i><span data-contrast=\"none\">.<\/span><\/i><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Learn how exciting new technological innovations are set to impact how regulatory information management teams work in 2024 and beyond. <\/p>\n","protected":false},"author":27,"featured_media":46164,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67],"tags":[83,92,105,145],"class_list":["post-49237","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blogs","tag-arisglobal-blogs","tag-regulatory-affairs","tag-lifesphere-regulatory","tag-regulatory"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v23.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>5 New Innovations Set to Transform Regulatory Information Management | ArisGlobal<\/title>\n<meta name=\"description\" content=\"What&#039;s the future of regulatory? 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