Unlock the Intelligence in Your Lab Notebook Archives and Uncover Actionable, Profitable Information
Pharmaceutical manufacturing operated and tested at an expedited pace during COVID and continue to be improved at a rapid rate to meet an ever-growing set of demands. Yet, one very big, very old limitation remains when trying to leverage these manufacturing tools using already paid for R&D. Unstructured documents – the text-heavy, long-word formatted documents like lab notebooks, clinical trials, reports – are, difficult to process even in small numbers. Nevertheless, it is these documents that contain the subtle, yet critical data and insights to assist in the decision-making process of which drugs and devices to bring to market.
What if you could point a software tool at your repository of paper-based lab notebooks and automatically classify and extract critical data from every document and compare results across notebooks? Aggregated over an entire archive with dozens if not hundreds of studies, this data would provide deep insights into the viability and profitability of treatments, thereby creating a measurable cross-referenceable base of shared knowledge and experience that could be applied to future research. What is the total real cost of a therapy and the success rate for treatment? Want to find the best proven treatment for an illness? Stop guessing. It’s time to find the real data buried in those bound notebooks.
Of course, the same requirements apply to many business processes that rely on general-purpose supporting documents, most of which are unstructured documents. These documents provide meaningful insights to guide how terms will be set in an agreement, or for defining the risk associated with premiums set in a large commercial insurance policy. Today, we get by with convenient data, meaning the data that’s easiest to get our hands on. But the real value going forward is clearly in the meaningful data that is locked inside those unstructured documents.
By now, you might be wondering; is there a reasonable solution to this problem? YES!
FDA validation-level scanning with Parascript’s suite of products provided by Western Integrated Systems provides contextual information from those handwritten pages! If you have a hunger for the data that matters most to your organization and find it’s typically held hostage inside the unstructured documents your organization relies on, contact Western Integrated Systems today! Your organization has already paid for the research. Use the tools available now to realize a much-improved return on investment!
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