Data Reduction Systems Receives Patent for PharmaSync(TM) Real-Time Electronic Data Collection Tool.UNION, N.J. -- Designed and Developed Specifically for the Life Sciences and Healthcare Industries Data Reduction Systems Corp. (DRS DRS Drives (street suffix) DRS Dispute Resolution Service DRS Doctorandus DRS Department of Rehabilitative Services DRS Direct Registration System (securities) DRS Department of Rehabilitation Services ) (www.drscorp.com), a leading provider of information products and services, announced today that its patent application on its PharmaSync(TM) Electronic Real-Time Data Real-time data denotes information that is delivered immediately after collection. There is no delay in the timeliness of the information provided. Some uses of this term confuse it with the term dynamic data. Collection Tool has been allowed by the United States Patent and Trademark Office The United States Patent and Trademark Office (PTO or USPTO) is an agency in the United States Department of Commerce that provides patent protection to inventors and businesses for their inventions, and trademark registration for product and intellectual property . PharmaSync(TM) was invented for pharmaceutical companies as an alternative to conventional paper based methods, which typically track prescription drug prescription drug Prescription medication Pharmacology An FDA-approved drug which must, by federal law or regulation, be dispensed only pursuant to a prescription–eg, finished dose form and active ingredients subject to the provisos of the Federal Food, Drug, samples slated for distribution at some future date. Conversely, PharmaSync(TM) carries out all tracking and distribution activities in real time - from samples request through to samples disbursement DISBURSEMENT. Literally, to take money out of a purse. Figuratively, to pay out money; to expend money; and sometimes it signifies to advance money. 2. from a central inventory. The soon-to-be patented technology enables pharmaceutical companies to eliminate paper documents, speed dissemination of data, and improve data integrity. Collectively, these and other features are aimed at making it easier for organizations to manage and comply with a wide range of compliance requirements Compliance requirements are a series of directives established by United States Federal government agencies that summarize hundreds of Federal laws and regulations applicable to Federal assistance (also known as Federal aid or Federal funds). driven by regulations mandated by the Prescription Drug Marketing Act
PDMA Prescription Drug Marketing Act PDMA Philadelphia Direct Marketing Association PDMA Plastic Deformation Magnetic Assembly PDMA Polarisation Division Multiple Access ). Intuitive and easy-to-use, PharmaSync(TM) makes samples transaction processing simpler and more cost effective: 1. Using any Windows(R) Mobile hand held device, the pharmaceutical company representative transmits a request to distribute samples to a specific physician to the company's systems server. PDMA requirements are covered as the request includes both the rep's and physician recipient's identifiers and a statement describing the contents of the samples to be distributed. 2. The system automatically confirms the rep's authority to distribute the samples and the recipient's authority to receive them. The transaction request is evaluated against the pharmaceutical company's business rules and an authorization code is issued. 3. The content and quantity of the shipment is deducted from the local and central inventories and the samples may then be distributed to the validated practitioner. "The allowance of our patent application is gratifying grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. affirmation to what we've known for quite some time - the technology built into PharmaSync(TM) is truly unique in the world of prescription drug sampling and tracking tools," said Rick McQuade, President of Data Reduction Systems. "PharmaSync(TM) is leading the charge from reliance on mature to leading edge technologies. By doing so, not only can sample accountability activities be handled in real time, but they can also be managed easier and more efficiently. Clients are amazed at how cost-effective and seamless the migration from paper to electronic can be. If customers require a hybrid system which includes paper based sampling, PharmaSync can be used in conjunction with our validated DataView product." About Data Reduction Systems Corp. Since 1985, Data Reduction Systems Corp. has been at the forefront of new information management technologies. From its origin in micrographics The production, handling and use of microfilm and microfiche. Images are created by cameras or by COM units that accept computer output directly. The documents are magnified for human viewing by readers, some of which can automatically locate a page using indexing techniques. to the latest innovations in digital storage, the company has always offered state-of-the-art archival and retrieval solutions to its industry partners. This business strategy has enabled some of the world's leading companies to enhance the integrity of their corporate standings through better management of their vital business records. DRS is located in Union, New Jersey. For more information, please contact DRS at 908.687.5636 or visit www.drscorp.com |
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