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Although a lot of companies are doing good work with RIM, no one is doing it really well yet

The 2016 survey, ‘Pursuing World Class RIM: Strategy, Measures and Priorities’, launched today, is the 3rd in a ground-breaking global RIM research series by ProductLife Group’s research partner

Paris, France – January 8th, 2016 – Up to 60 of the top 150 life sciences organisations globally are expected to complete the latest regulatory information management (RIM) study, launched today by Gens & Associates, ProductLife Group’s strategic research partner.

This year the study, Pursuing World Class RIM: Strategy, Measures and Priorities, will offer participants an unprecedented chance to rank themselves against their peers for their progress in the field.

“Although a lot of companies are doing good work with RIM, no one is doing it really well yet,” says Steve Gens, founder of Gens & Associates. “So we wanted to define what world-class RIM looks like and provide a way for companies to measure themselves against other, similar-sized organisations.”

The important global survey is the 3rd in a series of RIM studies conducted by Gens & Associates in partnership with ProductLife Group (PLG), and the 30th study it has performed in the life sciences industry.

While Gens’ previous RIM studies have focused on the top 70 life sciences organisations, the 2016 survey is open to global 150 companies, in recognition that smaller yet fast-growing organisations are now also investing more heavily in RIM. Participants will span Europe, North America and the Asia Pacific region.

Gens says. “There is now a high expectation of increased efficiency and productivity in how they manage information - but without any compromise to quality and compliance. This year our aim is to look beyond the status of companies’ investment, direction and use of solution providers, to world-class measurements of success for RIM. Participating companies will gain a peer standing, as well as insight into how they can achieve world-class status.”

The comprehensive survey, which will be open to participants for the first 12 weeks of 2016 (allowing maximum time for teams to collate their responses collaboratively), has been designed with direct input from a cross-section of life sciences companies.

“Eighteen individual companies attended global design sessions in different countries to refine the measures of what good looks like,” Gens says. “This says a lot about how important this is to companies. We know that in many cases life sciences organisations are using the results of our research to direct their RIM strategies and investment plans.”

More than 100 target companies have been invited to complete the survey between now and mid-March. Participants will be given free access to the full results in mid-April, as well as details of their own ranking. They will also be offered a private debriefing session. A white paper containing highlights of the findings will be published in June 2016.

Commenting on the launch of the 2016 survey, Adam Sherlock, CEO at ProductLife Group, said, “We are delighted to be expanding the scope of the research this year, which we know commands great attention and interest across the life sciences sector. This ongoing research series is an important barometer in a vital area for our customers, and our partnership with Gens & Associates for this work is of immeasurable value to those companies. We eagerly await the results.”

About ProductLife Group

ProductLife Group is a trusted partner that helps clients stay ahead of the changing R&D landscape. We provide support across all stages of the product life cycle and have experience in working with companies in every segment of the life sciences industry. With an established presence across Europe, North America, and Asia Pacific; with extensive capabilities in key markets; and with more than two decades of serving the industry, ProductLife Group has a solid platform from which to provide clients a range of services, consulting, and outsourcing solutions. PLG empowers clients to focus on innovation and business growth strategies and to make strong, informed decisions every step of the way. What’s more, we wrap it all up with partnership flexibility, for a truly customised experience that helps clients scale their initiatives cost-effectively.

By taking advantage of the power of deep domain expertise, established relationships, intelligent collaborations, and a flexible delivery framework, ProductLife Group delivers exceptional service to clients. Our goal is to develop long-term relationships by being responsive and relevant and by consistently delivering value. We cultivate a trusting, consultative environment and are positioned to operate as an extension of clients’ businesses, with a shared interest in their long-term success.

More at productlifegroup.com or follow us on Twitter at @ProductLife_EU

About Gens and Associates

Gens & Associates is a leading independent boutique management and organisational consultancy specialising in strategic planning, organisational transition management, benchmarking, and regulatory information management strategy. Our primary focus is the global healthcare industry where we have worked with 85% of the top 60 bio-pharmaceutical companies worldwide. We help our clients increase their organisational performance and business results by leveraging and maximising their people and core information assets. More at www.gens-associates.com

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Sarum PR – PR for Product Life Group
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