Accenture launches $200 million business service to deliver pharma R&D more efficiently

12 July 2013

Global consultancy Accenture (NYSE: ACN) is investing more than $200 million to deliver a business service which, it says, will be focused on delivering integrated R&D functions to help pharmaceutical companies bring new medicines to patients using a more “collaborative and efficient approach.”

The company says that the Accelerated R&D Services will leverage capabilities of the cloud, mobility and analytics to deliver integrated functions across clinical development, regulatory submissions, pharmacovigilance and market launch predicated on delivering better patient outcomes. It claims the service will help life sciences companies bring drugs to market faster, at less cost and with reduced execution risks using a pay-for-performance business model for business process outsourcing.

The business service encompasses:

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